Syracuse Business Daily

What are my chances of getting a home equity loan?

Ok, my house is valued at 160,000 I have some where between 80,000-130,000 in built up equity. I have never been late on a house payment and I am going through the bank where I have my mortgage through. The only catch is is my credit isn't the greatest. I am getting it to help pay down my debt, and I am requesting about 20k. Thanks!

Public Comments

1. Hi there, yes I know it is difficult , but not impossible. Interest rates are not going up like they were in the 1980s. I had a look at a website www.mymortgagetricks.com and found some really great info on it. It certainly helped me.