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Can anyone point us in the right direction? We liv

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Can anyone point us in the right direction? We live in a condo and own it free and clear but have been turned down twice for home equity loans. We are only looking to borrow 25k which is less than 33% LTV based on a recent appraisal.

If the condo is free and clear and if you've the required credit score, income and debt to income ratio, then you shouldn't face any problems in getting a loan. Did you ask the lenders as to why they have rejected your loan application?

Sub: #1 posted on Wed, 04/20/2011 - 02:56

Anna Sweeting Anna Sweeting

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