Question:

Is it possible to get after bankruptcy equity home loan?

Answer:

After bankruptcy the equity home loan may be your only chance for getting a loan to pay for tuition, let's say. It is only necessary that you have some equity in your house.

Home Equity Loans (HELs) and Lines of Credit (HELOCs) - Great after Bankruptcy

Home equity loans (HELs) and lines of credit (HELOCs) are your best shot after bankruptcy for getting quick cash. They are often used to consolidate debt and avoid bankruptcy, but if bankruptcy is already a fact, take the fact and try to negotiate with lenders the best possible rates for a HEL or HELOC.

There are so many equity home loans that you shouldn't have any problems getting plenty of quotes. HEL and HELOC loans usually have higher rate than a first mortgage loan, but much lower than credit cards. They also have a lot of fees attached and you may need to get many home equity loans quotes until you get a loan with best rates and as few fees as possible.

Online equity home loan quotes can get you a loan after bankruptcy pretty soon. Just make sure you compare quotes before you land on one.

Mortgage rates hit their lowest since 1955. Ask the home loan experts we recommend Quicken Loans how to take advantage of them.
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