What It Takes To Get a Home Equity Loan

Maple Grove, MN. Basement Finishing.

Do you live in one of the top five equity-rich states? It still may be difficult to get a home equity loan. Of the five states on the bottom of the list, Nevada, where 67 percent of homeowners were in a negative home equity position and have no chance of getting a home equity loan.

“Many homeowners long to hear the magic words, “your home equity loan is approved.” But for most, this type of loan, which allows a homeowner to borrow against the equity in the home, is hard to get.”

See the article What it takes to get a home equity loan 

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 Maple Grove, MN. Basement Finishing.

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