I am selling my home in Easton for $353,000 and I am paying off a home equity loan of $65,000 and other debt of $48,000. I have found a condo, but need an additional $25,000 and I am currently on disability. Is there any possibility of securing this funding?
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A lender will want to see a complete application that provides information on your obligations and income, and will review your credit history. If the loan can be structured in such a way as to make sense for you and the lender, it's likely it can be viable. The only way to know is to start talking with lenders in your area.
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