Equity Home Loans

home equity loans?

I just bought my house about 6 months ago and I was wondering how long do you have to wait till you are able to take out a home equity loan?

Public Comments

1. usually you should wait 2 years or you probably will have to pay a penalty for the $ you receive.
2. As soon as you have equity built, you can get a home equity loan. Bear in mind that some companies will charge you transaction fees for your loan, if you qualify, so compare programs.
3. depends is your house valued at more then you paid for it?
4. You can do it right after you close your first loan. No time limit. If you would like to email me the following info, I will try to help you.....Where property is located, value of home, first mortgage balance and payment and middle credit score to Windsor_CapitalMortgage@yahoo.com
5. Right away if you have equity. I recommend First National Banc Corp. They do business in most states and are your best opportunity for someone to say yes. ADDITIONALLY, IF YOUR CREDIT IS SUSPECT, THEY SOMETIMES FRONT THE MONEY TO GET YOU INTO A CREDIT RESTORATION PROGRAM SO THAT YOU CAN QUALIFY FOR A LOAN. Check out the free evaluation form at the source website and a First National loan officer will contact you within 24 hours. Good luck.