I have no mortgage! Do I still need to "refinance"? Could I get a home equity loan for half the amount that Tue house is worth if I have perfect credit, disability checks but no full time job & a cosigner? I only have a newly attained part time job. I am still living below poverty level. Cosigner is making middle income h just aquired credit in the last 6 months. How do I go about this so ill know before I talk to any mortgage lenders. I'd like to be informed h I'm having a hard time w internet searches for this topic. I need to qualify for 130k. But ill want to sell the home within 4 years or fix it up nice..