Rush Advice Needed to Renegotiate a Personal Loan 21.24%

[Ramon Paredes]

Good Afternoon Everybody. Here I go. I ready buy the first house for me and take a HELOC for pay all my debts. Now I have another 35k and in the area where I live I can buy houses from 30k to 45k and the rent is 750 month to 950 month. But the 35k that I take from a personal loan is 21.24% APR and I want to check how I can go to another bank with that money and try to negotiate a better interest and pay off that one. The house that I go to buy is for my mom, no for business or for rent. Just for give back a little of what she give to me In my life. Thanks for your help.

[Kerry Baird]

I called every bank, credit union and community bank in my area and asked what I needed to do to refinance. I made a list on my computer and marked down whether they liked to do investment properties, how much the LTV requirements were. @Andrew Postell has a great list of questions to ask banks.  Search for his posts, or perhaps he will have an answer for you. Those are smaller loan amounts and not every bank wants to do those.