How do I get a loan against the equity in my home.

Answer by  Rose (6804)

In orde4r to obtain a home equity loan you will need to contact the bank that holds your home lone and apply for a home equity loan.

Answer by  jisha (39)

The first step is consult one financial advisor. They can explain the pitfalls. Then make a comparison shop. After that understand the terms. Mainly all home equity loans are availble in credit card. If your credit is bad then it is involved some risk to get the loan. As the term indicates it is the loan based on our home.

Answer by  Jason41 (229)

You could contact your mortgage company you currently pay your mortgage to and apply for a 2nd TD loan or Equity loan. Either way it would be a 2nd Trust taken against your home using the available equity. You could also go to a bank or other financial institution. There are several banks, etc, that offer this type of loan.

Answer by  brittney23 (18)

A very helpful place to look for home loans or goverment grants to help in home loans or other kind loans its hemap.. he-ma-p

Answer by  Eveleene (3)

Well, I think the smart way to reduce your home mortgage is to add money to each of your monthly payments. If you have some additional income left over every month, you can easily pay this amount to the mortgage lender along with your monthly payment. Do remember that this payment as for principal only.