Do you still qualify for an equity loan?

Refinance & Equity Loans

Free Foreclosure Evaluation and E-book   *All fields are required to submit form Name   State AL   AK   AZ   AR   CA   CO   CT   DE   DC   FL   GA   HI   ID   IL   IN   IA   KS   KY   LA   ME   MD   MA   MI   MN   MS   MO   MT   NE   NV   NH   NJ   NM   NY   NC   ND   OH   OK   OR   PA   RI   SC   SD   TN   TX   UT   VT   VA   WA   WV   WI   WY   Email Phone Number Second Number How many payments have you missed? 0   1   2   3   4   5   6   7   8   9   10   11   12   13   14   15   16   17   18   19   20   21   22   23   24   24+   If you were given a fresh start, would you be able to afford your payments now? Yes   No   Has a sheriff's sale date been scheduled yet? Yes   No   Briefly explain your situation Please Choose I need help to save my home   I need help to sell my home   I need a loan modification   I need help with a short sale   I am considering bankruptcy   I need help to negotiate my arrears   I need to refinance   I'm not sure what I need, please help!

No matter what others have told you, borrowing against your home's equity is still possible. There are several lenders who will lend you money regardless of your credit or your past history. When you apply for a equity loan, there are three major things the lender will look at; credit, income, and the loan-to-value (LTV) ratio. If you are less than 2 months behind, then your credit is probably still acceptable. If you are more than 2 months behind, you will need to show better income and loan-to-value to qualify. Here are the basic minimum guidelines to qualify for a foreclosure equity loan from a traditional lender: Loan amount must be a minimum of $75,000 Your DTI ratio must be less than 55% Loan-to-value ratiomust be less than 70%

Regardless of your credit history, or what others have told you, if you meet the above requirements, you may still qualify for a equity loan. Even if you don’t meet the above requirements, there are many exceptions to the rules, so contact us today to find out if you can get an equity loan. Many lenders will consider doing a foreclosure loan on a case-by-case basis. It is well worth the time to look into this option to stop foreclosure.

Non traditional lenders and private lenders are much more lenient with these guidelines and will sometimes lend you as much as 90% of your home’s value.

Don’t rule out an equity loan until you have researched all the options. Fill out the form below and we will advise you of any and all options you still have available, as well as send you an e-book that contains more in-depth details about this entire process. We will also provide you with a free listing that will put you in direct contact with investors and lenders who are able to provide funding to immediately stop foreclosure!

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