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Will It Be Difficult For Me To Get A Home Equity Loan?

hi, I am thinking about getting a home equity loan to pay for my daughter tuition for school. My credit is not very good but, I do have over 75,000 in equity. I am thinking about applying for 25k and was wondering if it would be difficult. I am applying for the loan through the same bank that holds my mortgage, which I have never been late on. thanks!

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This entry was posted on Thursday, May 21st, 2009 at 2:58 am and is filed under Home Equity Loan Q&A. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.


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One Response to “Will It Be Difficult For Me To Get A Home Equity Loan?”

  1. Nash P says:
    May 20, 2009 at 10:58 pm

    At our bank you need a 720 credit score now, its become very tough. You can also only go up to a total of 80% of your home loans to the value of your home.

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