I am looking for some advice. First, I am thankful for all the information about Ameriquest. I have recently started a new job and although things are really picking up, it is going to take a few more months before the income is enought to live on. I have about $60,000 of equity in my condo. I also have $50,000 in my 401k. I tried to get an equity line of credit from my mortgage company (Chase), but since I don't have two years of income from my new job they will not help me. Ameriquest is very anxious to help.in fact, they even have called behind my back to try to get a VOE. They also want to send a courier out to my home to deliver the paperwork so we can wrap things up quickly. Does anyone know if my best bet will be to take a loan out of my 401k? All I need is about $10,000 to tide me over.By then I will be making more than enough out of my business. I don't want to go with Ameriquest. I will be thankful for any suggestions.
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