Can I get a home equity loan with a credit score under 500?

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My husband and I own our home free and clear and have been having trouble getting financing because of our credit score. I am guessing that our home is worth approx $125k, I am guessing. (our neighbors said theirs actually appraised for quite a bit more) We would like to borrow $50k-$80K to pay off unsecured debt and clean up our credit. Will this even be possible?

Can I get a home equity loan with a credit score under 500?

You cant get much of any loan with that credit score. There are some small things you can do to boost your chances..

Here are my 10 steps you can use to build your credit score quickly. I raised mine to well over 700 points fro 500 using these steps in less than a year -- :

# Know and Track Your Credit Score (be sure to sign up for the free trial of your credit score monitoring listed on the article below. It really helped my get my score up.)

# Never Miss a Payment, Starting Today

# Never use more than 20% of your Available Credit

# Keep Credit Cards that Have No Annual Fees Open For as Long as Possible

# Extend Your Credit Limit on Cards You Already Have before You Get New Ones

# Get Credit Cards that Have CashBack Rewards to Contribute to your Balance

# Transfer Your Balance to a Credit Card with a Lower Interest Rate and a Higher Available Credit-

# If You Think You Are Going to be FORCED to Pay a Bill Late Ask for an Extension or Payment Plan

# Take out a Small Personal Loan and Repay it Over a Year

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Can I get a home equity loan with a credit score under 500?

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