Archive for June, 2009
Sunday, June 28th, 2009
Anthony J asked: I have a mortgage & home equity line of credit with the same lender. The rate on the equity loan is currently 2.5% (prime - 3/4). I was thinking of refinancing my mortgage and taking out a little cash to pay off some credit cards. ...
Posted in mortgage | 5 Comments »
Friday, June 26th, 2009
Sue T asked: I bought and sold a home for my daughter using a home equity loan from my home. After selling the home, I put the equity back into my home (and still pay on it). My taxes are reading that by selling this home, I received income - ...
Posted in mortgage | 4 Comments »
Saturday, June 20th, 2009
subshopowner asked: I have a bout 100,000K in home equity that I used and make payments monthly, I am trying to get a modification on my home Mortgage, so at the same time do home equity loans get modification as well, if I call the bank of America (my equity ...
Posted in mortgage | 5 Comments »
Thursday, June 18th, 2009
yoohoo asked: What is a home equity loan? How do you know how much equity you have in your home? is that the loan you get for home improvements? Anything about equity would be great.Veronica
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Wednesday, June 17th, 2009
Lesley Lyon asked: Home equity loans are supposed to be a type of second mortgage loans. Money is borrowed against the value of the house. Even though it carries risk, it is worth taking it.The common type of home equity loan is called as a “closed end” equity loan which ...
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Wednesday, June 17th, 2009
adamea5@sbcglobal.net asked: I am searching for financing to make home improvement repairs, I submitted a request for a home equity loan through lending tree. The lenders throwing out terms such as 1st mortgage, 2nd mortgage, and home equity loan.Phillip
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Sunday, June 14th, 2009
Dina Wilson asked: If you are a homeowner and looking for larger loaned amount at cheaper rates then your home can play a vital role of collateral; as it acts as much resourceful for availing best features of home equity loans.Home equity loans allow the borrower to consider their heavy ...
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Sunday, June 14th, 2009
Melissa Kellett asked: Not many know and understand the concept of home equity. And truth is that home equity loans are probably the cheapest source of finance out there. Many do not know that they can benefit from the equity they have built on their home by getting home equity ...
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Thursday, June 11th, 2009
Carrie Reeder asked: Even with poor credit, your options for getting a home equity loan are numerous. Home equity loans are different from other types of personal loans. For starters, these loans are secured. Lenders prefer this factor because it's easy for them to recoup their money if the loan ...
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Tuesday, June 2nd, 2009
Mike asked: Why do you pay a subordination fee when refinancing, when your refinance does not include your home equity loan?Credit Card Vending Machine
Posted in mortgage | 1 Comment »
