I am hoping someone can help a finance challenged soul such as myself with some information. I basically need the "who" part.
My desire is to finance our garage/guest house with a home equity loan to eliminate the construction loan costs. We have a mobile home now that must be removed upon completion of the garage/guest house which will be our temporary home until we build the main residence. The equity loan would be secured by our land which is valued at about $550,000 given recent sales on comparable properties. That I know is the hitch. Do you know of any bank or loan agency that loans on such? I am located in Northern California. Thanks, Mark