Home arrow Mortgage Forums arrow Loan Talk for First Time Home Buyers arrow

can i get a loan on a house title

Author Message
Icon Mini Profile russellkwprod





Joined: 11 Feb 2011

Posts: 1

1.40 Dollars($)
Post Posted: Fri Feb 11, 2011 2:13 pm    Post subject: can i get a loan on a house title
Like 0
Dislike 0

to pay off credit cards
Icon Mini Profile jameshogg
jameshogg




Joined: 20 Dec 2005

Posts: 10460
Location: Nevada
987.57 Dollars($)
Post Posted: Fri Feb 11, 2011 9:30 pm    Post subject:
Like 0
Dislike 0

Hi russellkwprod,

If you have equity in your property, then you will be able to get a loan on your property. This will help you in paying off your credit card debts.

Thanks
VivianPotthastt

Guest







Post Posted: Thu Feb 17, 2011 11:18 pm    Post subject: cabbage soup diet recipe
Like 0
Dislike 0

Thanks for info on this issue. I dont know that
Icon Mini Profile gmakerley
gmakerley
Community Mentor
Community Mentor

best lender badge

Joined: 09 Nov 2007

Posts: 12376
Location: bloomfield, ct
58.49 Dollars($)
Post Posted: Fri Feb 18, 2011 12:18 pm    Post subject:
Like 0
Dislike 0

Russell you mentioned "house title." Does that mean that you own a home free and clear? Is it a mobile home, a modular home, a stick-built home?

Is there a mortgage on this property at all? These are key questions to be addressed before you attempt to obtain a new loan.

If you've got equity in your home, there's a decent likelihood that you can borrow in order to pay off credit cards.

_________________
George M. Akerley
Mortgage Underwriter/Consultant
Word of Excellence- Writing/Editing/Proofreading
860-221-5044
Quick Reply
Your Name
Subject
Image Verification


Can't read the image? click here to refresh
Message body

All times are GMT - 7 Hours
Page 1 of 1

 
Highlights

Bookmark this page

Helpful References

Mortgage Guide
Mortgage Terms
Mortgage News
Book Center
Shop and Compare lenders
30 Yr. Fixed Vs. 5/1 ARM


Calculators

     [View all]
Are you eligible for loan?
How much you can afford?
Calculate monthly payment
Calculate APR


Financial Tools

Credit Repair Tool New
Mortgage Planner
Simple Budgeting Tool


Our Community

MortgageFit Blog
Community Professionals
Community Rewards
Introduce yourself
Website tools


Community Rewards

Five simple ways to earn money with the Mortgage Community.

MortgageFit on Twitter

Followers (252)











We have chosen to apply the Creative Commons Attribution License to all works we publish. This work is licensed under cc by 2.0
Page loaded in 0.072 seconds.