
Originally Posted by
kensmithkw
A loan that size with those scores expect to pay some big fees also. Based on where you are I might have someone for you. Private investor that holds his own notes. He will not be cheap (my guess would be 12%), but you will get your cash.
PM me if you want more info.
What I have found is that 99% of people that pull equity out to pay off debt end up with a higher mortgage and after 6-12 months have the credit cards maxed out again. The only way it works is if you take a very hard look at your spending habits and learn to spend less then you make every month. Without doing this you will be a slave to banks forever.