Looking for a $15,000 loan on our equity...

Our new villa is paid in full (estimated value $55K I believe.) I had a Bankruptcy due to 1st wife getting ill and her death, at the same time my full time residential house planning business (blueprints) was spiraling during housing crisis. My income plummeted from $70,000 to next to nothing at a time when she was so ill and we had to live on credit cards to make it. IMPORTANT: I was NEVER late on a payment either before filing for bankruptcy or after! My home was not included in the bankruptcy. My credit before filing was 750 and is now one year after bankruptcy was discharged is climbing up again to the mid to high 600's - Other than living expenses I am nearly debt free. I downsized to a 2 bedroom villa I could pay off completely with the sale of my home. My debts: I only have a car loan under $300 a month and one low balance (dept. store) credit card--both paid on time. Combined social security income with my 2nd wife is over $3,161 a month and I still work, (self-employed) part time as a residential house designer from home. This is very part time and periodic income probably averaging $5 to 10,000 additional a year. We are looking for $15,000 to improve things a bit based on the equity we have in our home at On Top of the World, Ocala, Florida . We have the ability to pay off a monthly payment if we can find a lender that will be reasonable in interest rates and prefer it to be automatically withdrawn from our checking account monthly. Please advise if this is doable. by TheCruiseGenie218 from Ocala, Florida. Oct 15th 2014 Reply