Bad Credit Home Equity Loans

Even with a bad credit history, borrowers can take cash out of their home as long as they have at least a little bit of equity in their home. It is also possible for a borrower to be approved for 125% financing for their home equity line of credit. It takes a little more searching for a borrower to find a home equity loan that they can be approved for, but it is well worth it if it benefits in the short or long run.