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I WANT TO TAKE OUT A MORTGAGE ON PROPERTY THAT DOES NOT PRESENTLY HAVE A MORTGAGE

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rpkenny Joined: 23 Oct 2008 Posts: 1 1.26 Dollars($)	Posted: Thu Oct 23, 2008 11:12 am    Post subject: I WANT TO TAKE OUT A MORTGAGE ON PROPERTY THAT DOES NOT PRES Like 0 Dislike 0 I own a second property in texas. I want to take out a mortgage so I can consolidate some debt. There is no money owed on this property...I live in another state. Can you direct me to some reputable lenders in Texas
jameshogg Joined: 20 Dec 2005 Posts: 10477 Location: Nevada 990.06 Dollars($)	Posted: Thu Oct 23, 2008 10:07 pm    Post subject: Like 0 Dislike 0 Hi rpkenny! If the value of your property is excellent, lenders will agree giving you a loan. You can also go in for HELOC i.e home equity line of credit loan. This loan is given on the equity of the house. If the property value is good, then this is best loan you can go for. This community has a number of lenders from different parts of US including Texas. To take their opinion, you can go for a no-obligation free mortgage consultation. This will help you in a better way. Thanks.

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