2nd Mortgage Story

We would like to do debt consolidation. We just had our first house. It was a foreclosure Fannie Mae, which purchased by a loan from the USDA. We paid 58 000 USD home, $ 72,500. How long does it take a second mortgage and how do you get? Any help would be great. Thank you do not claim to have a kind of second mortgage on the property. This makes it much more difficult now than before. Lenders are reluctant to lend to the estimated value of the property, based on what happened last year. Ask your bank about a HELOC is available on the property. Councillors ready to guide you in terms of how and when you can get a credit line. For some reason, the questions are posted on the British site - in the United Kingdom, the answer is "no time" = I know someone who has received two loans - one of the largest loans and another for " fill "- at the same time. However, by the standards of the United States may also vary.