Family Guaranteed Home equity loan

AceMan

I have a family member that is willing to guarantee a loan for me off the equity of their house to get me the money to help start my business.  Does anyone out there know of any banks that do family guaranteed equity loans for this?

patentandtrademark

I would guess that a cosigner with enough collateral could help get a loan for just about anything.

robertj

Is this question related to the franchise you want to open?
Usually, the franchiser has financing "partners" to help with the purchase. Have you explored this avenue?
If you`re looking for some private lending sources - send me a PM or contact me directly using [email protected]  and I`ll give you a couple of viable contacts.

andrinawilson12

Some homeowners prefer lump-sum home equity loans because of their stability. A home equity loan comes with a fixed interest rate, one that never changes over life of the loan.
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