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Profile picture for fastbill

Hi,l own home outright, have not good and not enough credit history. How do l get a HELOC in NY?

house worth approx 290k, only looking for 30-35k HELOC type of loan do get some stuff done around house, etc. 1 bankruptcy in 05, first in 97. Don't have any credit cards, cars are all paid off. Several lenders have denied stating 0 credit score, not enough history, and bankruptcies as reasons. l'm in NY. House is completely paid off, no mortgage, lien, nothing. Solid job making 65k for 14 years. Thank you for your time. Bill
  • December 21 2011 - Centereach
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Answers (1)

Profile picture for shapiroamg

Try a credit union. If that doesnt work you should get yourself a credit card or two, use them sparingly and pay off monthly so you can establish a score and then get some credit but this will take some time.

  • December 22 2011
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