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Updated about 1 year ago,

User Stats

90
Posts
29
Votes
Lisa R.
  • New to Real Estate
  • Seattle, WA
29
Votes |
90
Posts

Looking for a personal loan, and want to use a property as collateral

Lisa R.
  • New to Real Estate
  • Seattle, WA
Posted

Hello – I am so frustrated. I am trying to find a lender that will loan and use property as collateral? Is this a thing?
I want to use the loan for consolidating debt and some updates on another property. Basically just a personal loan. 

The property I want to use as collateral has a mobile home on it and it is not attached to a foundation. It also has no mortgage.

Thank you so much for any help!! I really appreciate it!

Lj