Using your home’s equity can be a great advantage when you need money. You have paid for your home, and now you want to access some of that accumulated value. However, you may have poor credit and wonder if you can get a home equity loan. Let’s take a look.
Because you have equity, you may actually be in better shape than you thought. If you have a regular income, you should be able to access some of your equity more easily than trying to obtain a new loan. There are two types of equity loans; a home equity loan, and a home equity line of credit.
So what should you do if you want to qualify for a home equity line of credit?
AHL Hard Money Loans can help you obtain the equity accumulated in your home. Our Hard Money Investors are ready and waiting, so contact us today for information on a home equity loan.