can I get a home equity loan my house is worth 200,000.00 and I have NO mortage house is paid off

Absolutely - Depending on the amount you want to borrow this is a good option and inexpensive. The interest rate on Home Equity Line of Credit (HELOC) is typically higher than a regular mortgage, but is very flexible in terms of borrowing against and paying off as you want and the closing costs are much cheaper.

Yes you can. You should not have any problems providing you meet all the other qualifications.

You have satisfied one of the requirements for a loan (available equity). However, the most important requirement for obtaining a loan is the ability to repay it. Lenders will look at your total debt and compare it to your total gross income. Your total debt should not exceed 45% of your gross monthly income. If your situation satisfies this requirement you should be able to get a home equity loan or line if your credit is good.

Yes, most local banks would be more than happy to offer this. You will still have to go through the approval process and qualify for a loan as you normally would. Best wishes, Sean