How to Rock a Personal Loan!!!
By Rob Spinosa, SVP of Mortgage Lending, Marin County
(Guaranteed Rate, Marin County, CA)
How to Rock a Personal Loan!!! Since I've been a mortgage lender my entire professional career, the idea of borrowing a few dollars without having to undergo the home loan process intuitively strikes me as strange. But, there are some situations for which a personal loan --- that is, one that is not secured by the collateral of your home --- can be a great fit: Need to consolidate high-interest rate credit cards? Need to do a minor remodeling project around your home? Need to eliminate, once and for all, a pesky medical bill? Need to make a major expense and don't want to entirely deplete your savings? Or, perhaps, want to get your home painted and cleaned up and ready for sale, so that you can get top dollar? Need the miracle of a few, quick bucks but don't have your own personal ...