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07-24-2011, 12:24 PM
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is there any private mortgage lenders in ny state?
we recently own our home without a mortgage but want to borrow against our home so we can pay back some back property taxes so we dont lose our home. we also want to pay off some debt and do some major repairs to our home. our home is valued as of now at about $84,000. we were looking to borrow around $40,000 and we both have poor credit so this is why we are looking into a private lender which a bank reccommended us to do.
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