Getting quick loan to cover auction earnest money

[Charles Helaine]

Hi everyone,

A few days ago we learned that a property that we were interested in ( as in spent almost 2 month getting quotes and putting together the financing etc...) will be put on the auction block but the owner without warning to us and after having it sat there for 5 years.

We transferred money to be able to get the earnest money (5k) as soon as we could but after talking to the bank it seems like we won't be able to get the money on the account in time. The bank won't extend a line of credit for it so I was wondering if anyone knew of a quick (as in auction is tomorrow the 24th) way to get a 2hours long loan (if we don't get the house) or at most 1 week long (if we get it).

We still have paymenst on the car so pay day loans are not an option.