Loan Resource Guide

Tips and Info about everything pertaining to Loans

Archive for the ‘equity’ tag

Refinance Loan

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refinance loan
Where can I get an auto refinance loan will give me extra money beyond the payoff for my car?

I want to do some extra work on my car to improve the value and condition, rather than just trade up. I like my car, and I know what I got into it already. I do not want to get a second hand car – something I have to start over to learn about, in terms of its mechanical needs. I'll just do my current car better with the extra money embedded in refinancing.

you can get cash to payoff for your car if you have enough equity to meet the LTV guidelines for the bank and still have room. Check with all the local banks to see what their guidelines are and what they wanted to borrow your car.