Looking for a Washington lender that will do a 90% home equity loan or a debt consolidation loan. Looking to take out 40K

Depending how low of a rate you currently have would help you make the right decision. If you have a higher current rate you could do a cash out refi and have 1 loan at a lower rate. If you have a low rate now you dont want to lose that so you could do a line of credit with BECU or Key bank. They usually have the best rates and fees on the line of credit. Let me know if I can help. Kyle .. Bayviewhomeloans.com2534606000. I am local and I am the owner.

I would call a local mortgage broker or banker, they should have the best options for you

As others are indicating, the details of the current mortgage on your home and your personal qualifications make a difference in your options. For a home equity loan, 90% is usually only available from a credit union. The advantage of refinancing your current mortgage is only one payment but other than VA mortgages, going to 90% isn't generally available.

All conforming loan products with the exception of VA limits your Loan to Value to 85%. VA will do 100%, but you must have VA benefits available to you to use VA financing.. There might be some "non-conforming" loan products, but typically, you will see higher rates and fees, so even going to a credit union might not work.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com NMLS# 226347