Smaller mortgage loans

[Gabriel Welch]

Hey BP family, I'm trying to find a lender in Jacksonville, FL who lends under 50k but it seems impossible, does anyone have any good advice or tips or know anyone?

[Sonu Sharma]

Hi Gabriel Welch . Try calling your CC company. If your credit history is good, they may be able to lend you smaller amounts as a personal loan at a decent fixed rare APR. Or some credit cards offer a 0% APR for 18 months.

I didn't know this until a few months ago when Amex sent me an offer to lend up to 25k for a fixed 6.99% APR for up to 3 years with no pre-payment penalty. You can always refinance the loan to a lower APR later. Hope this strategy helps !!