Can I USE my house to get Secured Personal Loan ?
Can get a secured Bank Loan easily ? Compared to heloc ?
I have just started new job, but it is website project and dont get paid UNTIL late feb
My credit is under dispute and is bad right now.
I have a mortgage on my house but have NOT been able to get a HELOC from anyone.
they all want to refi first mortgage but wont give 2nd loan/heloc
I ONLY need 9,000 dollars. (had accident last year, lost my grandmother, aunt and had surgery and emergency car/house repairs – so thats my hard luck story)
Just a short term loan for immediate bills.
Im soooo desperate right now that loan sharks seriously sound good.
i dont give a crap about interest rate.
ANyway how easy would it be to get a secured loan using my house with a bank ?
My first loan is 336,000 but I have at least 160,000 in pure equity.
Do not give me ANY links to sites.
Just need advice on approaching banks (im in pennsylvania)