What kinds of loans would we be eligible for?

everafter325 asked:


My husband and I bought a small house two years ago and now we have our daughter and it is just too small. We would like to add on to the back and add a second story. We have about $6,000 in equity so a home equity loan is out of the question. Is a second mortgage a possibility? Are there any other loans that I should be looking into?

Thanks!

CURT

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3 Responses to What kinds of loans would we be eligible for?

  1. v b says:

    MACK

    Sorry to burst your bubble, but a 2nd mortgage and a home equity line are essentially the same thing.

  2. Leah says:

    AUSTIN

    These days, it is almost impossible to stay out of debt; outside pressures from family or work can sometimes be the cause. All is not lost if you have acquired a bad credit score; there are many online bad credit loan lenders to help. Money provided to a person experiencing financial hardship is no different to any other type of loan and can be used by the applicant in the same way.

    There are other reasons bad credit loans may be required such as for domestic emergencies, unforeseen circumstances or for consolidating previous debts. It is not uncommon for a person to arrange a loan just so they can repair their damaged credit history. They may not require the money for any specific situation.

  3. God is Good says:

    LINWOOD

    I am Mrs.Jones.I am widow with 3 kids and was stuck in a financial situation that i was fixed and needed refinace behind bills.I tried seeking loan from various loan firms both private and corporate but couldnt but as God would have it,i was introduced to a man of God a private loan lender,by the name Travis Harrop,who gave me a loan of $28,000 USD and today am a business owner and my kids are doing well the last in college.So dear,if you must contact any firm with reference to securing a loan with low interest rate and better repayment plans and schedule,please contact Travis Harrop via his private email:

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