I have the home value 140,000 as well as we have paid it off, we wish to get the home equty loan of 50-60k, we have the credit measure of 773 though we usually have 1600.00 per month can we get this kind of loan upon my income.
Incoming search terms for the article:
- how much do you get on a equity loan
- how much money do you need to make to get a home equity loan?
- how to get a home loan for 50_60k with bad credit
Related solution post:
- Should I get an home equity loan or should I save my money and pay with cash?
- Best way to get money thru a home equity loan?
- I own my home at about $25,000. I need $ to pay bills. Can I get an equity loan or refinance?
- Home equity loan, heloc, or refinance with cash out with bad credit …..?
- I need to get money out of my home – refinance or home equity loan?
The loan should not depend on you income so much as the equity in the home. That is the collateral that guarantees the loan.
he’s right
do your research before signing anything
Know what your talking about when applying for a loan and your home
you could lose it
http://eloanonline.blogspot.com/
That sounds excessive. Its a big loan when you only make $1600 a month. Use some of the on-line loan calculators to figure what your payments would be.