Mortgage Broker or Lender, Laguna Niguel, CA
Since your business doesn't make a profit on paper, then between you and your wife, your wife would need to be on the loan so her $48k/year could qualify for the $80k home equity loan. I'd start with who you bank with, as if your home is really worth $242k (or even if it's only worth $100k) then an $80k home equity loan should not be a problem to obtain. You should check around with 4 or 5 banks, as you'll find the home equity loan terms will vary a bit from lender to lender. There should also be just very minimal or even no costs on that type of loan program.