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Bad Credit
Home Equity Loan |
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If you've had some credit trouble in the past and other companies
are telling you they can't help you give us a shot. We offer a
traditional home equity loan that has some of the most easy to
qualify for requirements. Security Pacific Financial understands
that everyone has misfortunes and we want to help you at the time
you need the money most. This loan allows you to borrow up to 80% of
the value of your home, meaning your first mortgage + this loan =
80% of your homes appraised value. If you have lived in your house
for a length of time than you have an excellent chance of being
approved. New homeowners with credit difficulties, please
contact us to see how
we can help.
Quick Loan Overview and Guidelines
(chafrl, ihe, hlm)
- 15 Year Period (15 Years Payback)
- 20 Year Period (20 Years Payback)
- 30 Year Period (15 Years Interest Only / 15 Years Payback)
- Can be behind a Negative Amortizing 1st Mortgage
- No Bankruptcy's in the last 24 Months |
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Things you should know
before applying for a home equity loan:
1. Find your
Homes Value
2. What is the Line of Credit for?
3. How much do you need? |
