Can i get a consolidation loan with paid off property

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Icon Mini Profile halldennis08




Joined: 27 Aug 2009

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PostPosted: Thu Aug 27, 2009 9:26 am    Post subject: Can i get a consolidation loan with paid off property

If my house is paid off can i get a home equity loan in texas. Im trying to get a consolidation loan with my house as collateral.
Icon Mini Profile livinginnky
livinginnky
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Joined: 08 Sep 2007

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PostPosted: Thu Aug 27, 2009 9:56 am    Post subject:

It is possible. I don't know the specifics as I don't do loans in TX... but I would go and talk to one of your local lenders in your area. A good place to start would be whoever you bank with. With no current debt on your house you shouldn't have too many problems. Of course credit and other factors will apply. If you have any additional questions, feel free to ask.
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