Archive for August, 2008

Home Equity Loan Online: Borrow Money Easily

Friday, August 29th, 2008

Dina Wilson asked: It is quite natural that while using the house as collateral for the loan, the first and foremost thought that comes to our mind is to secure it from the lenders. Succeeding that, our secondary concern is to derive maximum benefits from lenders. Thus, it is now ...

What happens to Wachington Mutual home equity credit lines?

Sunday, August 24th, 2008

Mike M asked: What happens to Wachington Mutual home equity credit lines? Do they stay open? Can I still draw on it.Ron

Can I apply for home equity loan while house is listed for sale?

Sunday, August 24th, 2008

User asked: In MD area, is it possible to apply for home equity loan while house is listed for sale? I am trying to purchase a land/lot, but need home equity loan for downpayment. I know loan guidelines have been pretty tight recently. If my house is ...

Can you get a loan without using home equity?

Monday, August 18th, 2008

SeLaVi23 asked: I know as a homeowner you can get a loan using your home equity, but if you do not want to do that, are there any other ways of getting a loan.Brent

Home equity line of credit, is there a timeline before you can apply?

Saturday, August 9th, 2008

Adam A asked: I just had a house built this year, I have been living there since April 7th 2009. My home has some equity already because I built this on my own property, it is appraised at 500,000, I took out a mortgage for 245,000. My question is, can ...

Home Equity Loan: A Definition That Everyone Should Know

Friday, August 8th, 2008

Prudence Wong asked: Mortgage, second mortgage and equity release schemes are all used as synonym for home equity loans and are basically the loans availed against your home. In home equity loans, you are borrowing an amount from a lender based on the worth of your property.What are the difference ...

Home Equity Basics

Thursday, August 7th, 2008

justin narin asked: What is Home Equity? Purchasing a home is a huge life event. It's an investment that, over time, could yield a significant increase in value. As the years progress, the value of your home could increase. If and when the time comes to sell, hopefully you'll find that ...

If I get a home equity loan do I have to claim the money as capital gains if I sell it and don’t buy another?

Wednesday, August 6th, 2008

Kat asked: The equity is from the gain from past homes. I need the money to pay off debt and will not be buying another home. If the money is taken out as a second mortgage but repayed late this summer when I decide to sell the home and move ...

Colorado Home Equity Loans

Wednesday, August 6th, 2008

Renold asked: Hi all,I want to share some information with you regarding the benifits of colorado home equity loans.Home equity loans are considered secured loans. A Colorado home equity loan will both allow you to access your home's equity as a owner. A Home Equity Loan has become an increasingly ...

Is a home equity loan for a semi worth it?

Wednesday, August 6th, 2008

toohotnky asked: My husband wants to buy a semi. If we took out a home equity line of credit, our payment would be small. Alot smaller than financing the truck. I am not 100% comfortable with using my home for anything. Does anyone know which would ...