rockst3ady says
Do you mean taking out equity(taking out a loan) from your current principal residence? If so then you can contact your mortgagor and request a secured line of credit or a similar loan program. Remember you must have paid off more than you will be taking back out from the house. I.e. if your house is worth $500K and you have a mortgage of $400K you can only "take out" $100K. Depending on your past mortgage payments (on time or not) and current credit score your bank will determine if they want to lend you the money or not.
Hope this helps,
Here is some more mortgage info: http://hubpages.com/hub/homeownersconsolidate
Regards,
Rocky Seejatan
Mortgage Agent, CENTUM Anava Financing Inc.
License No: M08007201
Centum.ca/AnavaFinancing
Email: rseejatan@rogers.com
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