I would suggest you to check the website http://money-review-site.com/loans.html to learn more on loans. You should be able to get debt consolidation loan without any problem.
Hope it helps
I need a debt consolidation loan, I have no home, no equity, credit score below 500 and little income. HELP!?
Want to consolidate my debt to make one payment .Should I get a Home Equity Line or Loan of credit?
I own $45,000.00 in credit card debts.
I'm worried to get the Equity with less rate because ones they start to go up I can end up paying a lot; at the same time I don't want to get the Equity with higher rate because even though it's a fix rate I will still pay more than I can bargain.
Often it can make sense to pay off credit card debt with a home equity loan. You usually pay a lower interest rate on a home equity loan than on a credit card, and your interest payments on a home equity loan are tax-deductible up to a loan of $100,000. However, if you cannot afford the payments on a home equity loan, it may be better that you talk to the credit card company and try to work with them. For all you know, the credit card company may give you a lower rate or adjust your balance. (You may want to work with a debt counselor. For a list of debt counselors maintained by various state governments go to http://www.vilkri.com/pubreader.php?page=debt_counselor .) The problem with a home equity loan is that you can put owning your home into jeopardy if you do not make the required payments.
Is it possible for me to refinance my 2nd mortgage and leave my 1st alone?
I ask this because most lender said I have to refinance my 1st in order to pay off my 2nd, but if I do that because of my low credit score my interest will go way up and it will double what I am paying now. Is there a solution?
Try going to a credit union. They usually have very competitive rates and usually give better service to small loans.
is it possible to file bankruptcy without including your first mortgage but including the second mortgage?
My husband and I are getting divorced. he left me with bills I can't afford. I'm in danger of losing my home and I know I can afford to pay on the mortgage itself and the utilities with only my income but I couldn't possibly afford a second mortgage payment too. I've been thinking of bankruptcy because he has everything behind and I am in debt I never knew existed. Is there any way for me to keep thje house without paying 2 mortgages? Any suggestions?
No, you have to either include or exclude ALL mortgages if it is applicable in your case. The amount of equity in your home determines whether the mortgage will be included or not. Seek legal guidance from an attorney who specializes in Bankruptcy Law - not all financial attorneys do, though they can file for you - before you decide to declare it. You'll have to file and appear in the U.S. Bankruptcy Court in your state. Don't do this on your own - definitely seek legal assistance regardless whether you file or not!
Link to US Bankruptcy Courts, Get info here & Choose your State
http://www.uscourts.gov/bankruptcycourts.html
what qualifies as a second home for mortgage loan?
I am working overseas, I want to buy a house in Texas. Can I consider it to be a 2nd home and ask the mortgage company to give me interest as second home instead of calling it "investment property" ?
The interest rates and taxes for 2nd home is less than investment property.
It will be rented out till we come back to Texas.
Yes! Well… no, not since you just told us it will be rented out. Investors will consider it a second home if it is;
A) not going to be rented out.
B) farther than 50 miles from you primary residence.
C) in a place where people would typically vacation.