i need to get a loan for 12,000.oo, my home is valued at 75000,oo. credit rate 685

Unfortunately, I think you will find that most lenders minimum loan amounts will be $50,000 - $30,000 it is very hard to comply with all the regulations on smaller loans below these values. I think you best bet would be to go to a local bank and get a HELOC.

MSchwartz is correct. A HELOC from a local credit union or bank is the way to go for such a small loan amount. If you are over 62 a reverse mortgage could be an option. I would at least look at it so you will know for sure.

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Hi Mark, there is a small local federal credit unions you can apply with, just simply google search Federal Credit Union in your county and you should find them. Another option is what the others mentioned which is to get a Home Equity Line of Credit.

We arrange small first mortgages in Florida. Dave Metsker, 503-620-2239

Based on the loan size, your best bet would be a local credit union.

The loan is too small Mark. You need a signature line of credit possibly. Not even hard money will touch a loan amount that small. I'm in florida so trust me I know - Andrew

Best to try a local credit union

Most lenders have a minimum loan amount of about $50,000. For a loan that small, I suggest talking to your local credit union.