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equity loans
Posted: Fri Sep 19, 2003 10:36 am
by dave wharton
Any one know where you can get an equity loan done in todays financial market?Credit is not horrible but not good enough to get standard financing.Plan to put 50% + down (35k-40k).Home only.Financing approx. 25k at a reasonable rate.2003 new home ,invoice mid 40's.
Re: equity loans
Posted: Wed Sep 24, 2003 9:14 am
by Ellen
Well, Fannie Mae regs changed 8/24 retro to 8/01 as far as I know because of their portfolio. I'm not certain that anyone does an "Equity Loan" if you mean like a "2nd". I think that financing in the future may be bumpy....and I have AAA credit...