bad credit mortgages loans

where can i get a home equity loan ore line of credit loan with bad credit?

my credit score is very low but i own a $75,000 house with no mortgage. i am looking for some kind of loan so i can do major repairs on my house but i keep getting turned down due to my credit. i have been at my job for almost ten years and make around $300.00 a week.

Wow, with a house that is cash you really should not have that much trouble. Amazing how banks are changing so rapidly.

Keep trying, but maybe ask banks for a 5 year mortgage for the amount you need. They don’t advertise this, but banks DO offer short term mortgages, with fixed rates no games.

If you have time go to annualcreditreport.com
and fix anything that is incorrect or outdated if you haven’t already done so. Things become outdated after 7 to 8 years.
Also get one credit card, and pay it in full each and ever month for top notch credit. Carrying a balance reduces credit.

Keep trying, there is no reason you should be getting turned down if your house has no mortgage. If you are asking for 20% value they should be throwing it at you.
Try a credit union.
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