Financing in Oklahoma City>Question Details

Trixie Brown, Both Buyer and Seller in Oklahoma

I own 2529 SW 25th 73108 (17K owing/8.33% private mortgage) and 2424 Sycamore 73128 (100%), credit is 600 - how do I get 5K cash out asap?

Asked by Trixie Brown, Oklahoma Sat Aug 18, 2012

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Josh Barnett’s answer
Mrs. Brown,

Call Teri Cowger w/ Primary Residential Mortgage, Inc. Her number is 405-844-1900 and her email address is TCowger@Primeres.com. She is great and will be able to tell you exactly what you need to get the 5k you desire.

Let her know, Josh sent you her way.

Hope this helps,

Josh Barnett, Realtor
Web Reference: http://www.1ListingFee.com
0 votes Thank Flag Link Sat Aug 18, 2012
Trixie,
Owning a home outright and another with very little debt will give you several options. Just realize that $5,000 is a small amount for a home loan and the traditional routes will take some time and have fees associated with them. A Home Equity Line of Credit may be the simplest method you can talk to your local bank or credit union. Be upfront with what you believe your credit scores are, they may eliminate some options or raise the rate.
Finance companies are another source for quick money, but their rates, fees and collection methods leave a lot to be desired. In the end that loan could cost you a lot more than you realize, so be very careful with these sources and NEVER be late or miss a payment.
0 votes Thank Flag Link Sat Aug 18, 2012
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