I just want a simple $40k loan with a fixed rate for 10 years for home improvement. A fixed equity loan. No heloc. I owe 260K on my home and it is value at $380k. No refinancing for I have a fixed 2.9% rate for the remaining 11 years. My credit score is 740. All the big box banks want to do a heloc and I don't. by Michael Hogg from Chandler, Arizona. Jan 29th 2016
Try contacting one of the local or smaller banks.We do not do 2nd mortgages.You may want to contactMarc PortnoffCell: 602-763-0668 or 602-363-2846Email: mportnoff@truwest.orgI believe they do fixed rate 2nds.
Michael,Give me a call at 480-773-8481 and I can provide you with some options. Sincerely,Brad Finsilver (NMLS# 1018053)Mortgage Experts, Inc.(NMLS ID# 1251168)
Michael,Give me a call at 480-773-8481 and I can provide you with some excellent options.Sincerely,Brad Finsilver (NMLS#1018053)Mortgage Experts, Inc. (NMLS # 1251168)
Another option might be to go to a local credit union, they might be able to help for something of this size. My guess is that you will find most mortgage lenders won't be able to help because of the size/term of your requested loan.
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