How does home equity loan qualification works if you have bad credit? ?

January 22nd, 2009 | by admin |
smiling_chicka asked:


My credit isn’t perfect and I want to get a home equity loan. What are the qualifications? What lenders look at if you have bad credit? How can i increase the chances of getting one, without waiting for credit to go up?

Would appreciate if you can answers even one question. I am desparate for good information. Thanks!

Dolores

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    1. 3 Responses to “How does home equity loan qualification works if you have bad credit? ?”

    2. By Real Estate Guy on Jan 24, 2009 | Reply

      The same as when you have lot of equity and only want to take little it may be little it may be.

    3. By Steve D on Jan 25, 2009 | Reply

      The first mortgage broker and explain your house will have to 100 of appraisal.

    4. By Judy on Jan 28, 2009 | Reply

      It doesn’t work. You say you have bad credit, then you say it isn’t perfect, then say again it’s bad. Which is it? Hardly anyone’s is perfect - but if it’s bad, you need to improve your credit rating if you want to get a HELOC

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