Take out equity loan using our current mortgage

[Admin - Jon McNamara]

Hi all,
We have some details on home equity loan programs. Also be mindful of the pros and cons too. As using equity, to just say pay bills, may not be the best idea. But sometimes it is. Point being be mindful when using home equity, and read about the details and process here. https://www.needhelppayingbills.com/htm ... s_wit.html

[Poil]

Yes I’m Robert Glover. I lived in my home for 20 years and now need an equity loan. I've never had no financial problems until this year. I got a little behind because of health issues and some personal issues that ended up with health issues and I got behind on my mortgage a couple months ago. My bank thought I was behind. I showed them receipts that I paid on those months at free because they didn't do the records right and then so they went ahead with foreclosure okay. I don't have very much time.
I tried all these programs you know that but I was too late. I need help. If you can help me save my mortgage from a home equity loan. Please to refinance to get an equity loan. I'm behind on my mortgage like 3 months and so basically I need help to refinance it to consolidate all my debt into one.
I still have my job. I just need help. I mean I thought they would be more options out there. I thought my bank would work with me on these things but you know I'm nobody told me nothing when I needed to know it. I need help in a loan. I need to consolidate my debt into one payment like refinance or I need a home equity line of credit to get my bills caught up. You know that I'll pay on it because it would also consolidate my bills. That would that's what I would use it for us to pay off debt. Please contact me or this email address. I need immediate urgent help. It is urgent that I get help quickly or else I'm going to lose my home please.

[Greene]

My house is in foreclosure. I will most likely be separating from my husband so I need a 2 bedroom apartment for me and my youngest son. Am I able to receive housing assistance for this or take out a loan using the little equity I have? Must I pick out a place I want to live and then give the paperwork to the landlord to fill out? Is there anything else involved and how long does it take until you hear something back?
I don't know how much rent I can afford, probably not more than $450/500 a month with help from the government. I am still making a car payment of $252/month until at least December 2016 and am currently working P/T. I am looking for F/T work but am not able to find anything at this time. Can you take out a mortgage loan for equity even though I am in foreclosure? Please let me know how to handle the situation. Thank you,

[Lilly]

Hello,
I have been doing a lot of thinking and was wondering if there would be a way to refinance for one amount giving me enough to pay off current mortgage and have extra to pay out to have room additions to my home. Would there be a way to get a loan for around $100,000 or so? My current payoff is around $69,000 for my home. The additional $30,000 or so would be used to add on to my house. Would there be a way for that to happen? Or what is the process?

To add on to my home would be anywhere from $20,000 to $28,000 depending on what I want done. With the current interest rate of 4.25% on 100,0000 at 30 year fixed, I could possibly afford that even when taxes and insurance are factored in too. My wife has cancer and the medical debt is rather large and I am doing the best that I can. My wife needs a better home due to her current health and having cancer. I need to be able to add on to my existing home to give me the space so that I can better care for my wife and give my kids more space too. Any direction you could give me would be greatly appreciated. I reside in the state of Indiana.