If you have bad credit and require a large loan, the best option is  to get a home equity loan. A home equity loan is a second loan that you take out on your home in addition to your mortgage. This is also called a second mortgage. This enables you to tap into your equity to get cash without refinancing your first mortgage. Unlike credit cards the interest is usually tax deductible. The minimum you can get is $20000 and the maximum is dependant on the value of your home and the equity that you have in it. Our recommended lender is listed below:

Loan Web - They care about all clients, and they don't care if you have bad credit. Apply and let a professional help you find a home equity loan that you can qualify for. They offer the best rates by comparing 5 premium lenders. You'll love the service that they provide. This is currently the most popular lender on the internet.

Lower My Bills - They make getting a home equity loan enjoyable. Complete a short form and they'll match your loan request to qualified lenders who will provide you with multiple no obligation quotes. Your credit report will not be accessed.

Quicken Loans - All you need to do is complete one simple form and you will receive a response regarding your home equity loan within 30 minutes.