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Reply to "I need about $20k to get us through a layoff-home equity loan?"
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[quote=Anonymous][quote=Anonymous]I’m going through a layoff and we have no savings (medical bills for a sick child, plus unexpected home repairs). I expect to be working by the new year at the absolute latest, but in the meantime we are going to need $20-30k to get us through the next few months. We have about $700k of home equity-would that be the most logical solution? My mortgage company is Wells Fargo and they don’t do home equity loans, would I go to another bank? We have excellent credit. DH is still working but not making enough to cover all our expenses. At this point, we won’t have enough to make our November 1 mortgage payment :([/quote] Get a personal loan from your bank or your credit card.[/quote]
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