How to get a home improvement loan?

My parents and I own 2 homes on the same lot. We havent had home owners insurance for over 10 years. I want to get a home improvement loan, so I can qualify for home owners insurance and improve my living situation. What can I do? I need the electric, plumbing, and the outside of my house done. No, I don’t qualify for hud.


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  1. Do not do anything, even inquire about a home improvement loan till after the closing. You could screw up the whole deal. 2 My Take on It March 19, 2010 at 12:08 pm. You would need equity in the house in order to get a line of credit on ...

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  1. Getting a loan with bad credit rating is not an impossible task anymore. Home improvement loans are very much possible for people with default bank statements. With collateral value you can get a decent loan amount with low interest ...