I'm a resident of New Jersey. I'm a widow and I lost my job recently as the company terminated many of its employees as they can't afford the salary expenses.
Now, I'm suffering a lot to bring up my kids, Allen and Alice, who is just 4 and 5 years of age respectively.I'm planning to apply for a home equity loan and in my search, I came across a bank offering home equity loan in New Jersey itself.
As I'm not that much aware of all these sorts of things, I would like to hear your opinions as well. Have you ever heard about them? Do you have any previous experiences with them? What is the credit score required?
Any comments or suggestions are always welcome. Thanks in advance.