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Old 01-20-2010, 03:23 PM
 
Location: Dark Side of the Moon
308 posts, read 612,304 times
Reputation: 188

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Hi everyone,

Would a unsecured or a secured loan for that matter be a good alternative to a small mortgage to purchase a home if the loan is for $10K - 20K? What are the pros and cons of each. I dont know enough about unsecured or secured loans and how you can qualify for one. I want to explore this option. Do unsecured loans/secured loans require income verification like a mortgage? Where would you get such a loan? Thanks in advance for everyone's feedback and advice.

Gary
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