Hello, I'm not buying a home i own my home, i was looking toget a loan to help fix it up

Profile picture for annhoody
i was trying to get a loan to fix up my home ,like a equity loan, I looked around for help but hard to find any help? i'm on a fixed income. so is there any kind of Advice you can give me cause it's my first time i own my home.
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July 06 2010 - US
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Answers (9)

talk with a local lender, they know your market

your friend in Charlottesville Virginia
Find a home in Charlottesville
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July 14 2010
Profile picture for Lisa Condra
Harvest Homes Realty Hello, I would suggest you find a good lender that offers a wide variety of loans. They are the experts when it comes to lending. I have lender available on my web-site at www.harvesthomesoftn.com, good luck.
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July 10 2010
You absolutely want to check the renovation loans that use after repair value. You'll get more room to renovate and you'll get a an excellent rate to boot.

Equity loans are tough unless you have a low LTV. Research the Fannie Mae Homestyle and the FHA 203K.
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July 09 2010
Profile picture for DouglasTaylor1
You might be able to ask for a 203k rehab loan?? nj has it.
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July 09 2010
Profile picture for wclogg001
You might consider applying for a loan at LendingClub.com.  It's great for borrowers and investors.
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July 08 2010
Profile picture for annhoody
I live in Erie County, in union city PA,, I never got a loan out before on this hhome so how will we get refinance .  our home was willed to us!
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July 07 2010
Depending on how much your home is worth you may be able to refinance and take cash out for the repairs.  If you are in MA, ME or NH please call the mortgage specialists at [contact info removed by moderator].  My name is Darlene, I work in marketing as a sales rep.
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July 06 2010
Profile picture for Realtor San Angelo
I would talk to your who has your mortgage currently. Also, you local bank or credit union would be a good place to start.
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July 06 2010
Where do you live?  Do you have equity in your home?  Please give me more specific information and then maybe I could lead you in the right direction.
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July 06 2010
 

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