Can you feasibly get a home equity loan after building your own house on 4 separate credit cards?
It seems like no one will finance the building of our new home. We have a great credit score (we sold our first home and broke even). They said,”we don’t DO building loans” not that it was us.
So I figured out because of our awesome score we can put it all on credit cards ($ 50,000) is all it will cost. It seems pretty rediculous that we can’t that amount out right after selling a home for 140k.
But after its built can we get a home equity loan, to pay of the creit cards, or no because we will have a new, lower credit score?