Hi, thanks in advance for reading thiis;and for any advice .
My husband and I are selling our current home and buying another one in another city. we are paying cash for the new home. Our question is would we qualify for a home equity loan or a line of credit with a bank and if so how long after the new home is in our name? we want to do some renovation's on the new home by adding a sunroom and remodeling the deck.. He is 3 years post bankrupty this november. His scores are around 660. Our debt to income ratio is at 29%. He makes around $62000 a year and had been with the same company 17 years. Any help is appreciated.