any suggestions for second mortgage loans with fair credit?
by Author on Sunday, July 18th, 2010 | 3 Comments
i wanna do my upgrading to a prorperty that was pass on to me. I have already taking over mortgage payments. Now i want to do some upgrading and need a little help in the financial department.
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If you have it, you could always take an equity loan out and use that. If your using it all for the house, you will most likely see it all come back when you sell it, just don’t make it to nice for the market.
Call the bank that you have your bank account through and have them set you up with a loan officer who can help you assess the situation. Find someone you like. If you don’t feel comfortable talking to the one at your bank, call other banks. Let them know that you know very little about this process and ask for suggestions. They can help you, since they’ll have more information than we have (house value, mortgage amount, your finances/credit, etc.)
Good luck!!