Consumers Digest

We are buying a home contract for deed from my father is there any way to get a home improvement loan?

Public Comments

1. Get a home equity loan. That's what they're for.
2. try the bank in that neighborhood that knows what the houses are worth.. yes it's called home equity loan.. my husband and i went 4 the loan.. we also took out the insurance on the loan that if anything happened 2 him or i, the loan would be erased and marked paid 4.. 5 yr's down the road he died.. i owe nothing.. read the fine print tho because there is probably something in there that you need 2 know about.. and be sure this is what you want 2 do, because it may take a life time 2 pay that loan off..
3. No, not on a "home contract". Unless you are holding the deed you can not get a loan. As he is presently the holder it is him who would get the loan.