Monthly Archives: February 2010

Home Equity Loan For People With Bad Credit

Finance Brand Blog asked: Bad Credit Home Equity Loans are a Good ThingIf you are in the unfortunate situation of looking as loans for people with bad credit, take heart. You are not alone. More and more people need to … Continue reading

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When is the right time for a home equity loan?

Kae B asked: I am interested in doing some updates to my home totaling about $50K (windows, bath, kitchen and small interior remodel). I haven’t really priced things out so this might be an inflated estimate, but I’m sure it’s … Continue reading

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Pros And Cons Of Home Equity Loans

Andy M asked: Home equity loan is one among the most popular home loans available today. It is a second mortgage loan with characteristic properties of a secured loan. The popularity of the home equity loan has attracted many people … Continue reading

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Ramon owns a home that was appraised for 132,600. The balance remaining on his existing mortgage is 43,260?

animalhappy asked: Ramon’s credit union is willing to loan an amount up to 70% of the appraised value of a home. Based on this information what is themaxium potential amoung of credit that’s available to Ramon for a home equity … Continue reading

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Home equity loan?

Justin T asked: Wanted to know if it would be a good idea to get a home equity loan to pay off my mortgage, truck, and a couple other bills that i have? I have heard that u can take … Continue reading

Posted in Personal Finance | Tagged , | 5 Comments

Home Equity Loans Allow Canadians To Leverage Housing Gains

Bruce Owens asked: Home equity loans can allow Canadian homeowners to leverage the gains they made in what was until recently a red-hot housing market into investments in other sectors. Home ownership, which was once the key fundamental to Canadians’ … Continue reading

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PLEASE ANSWER! Should I refinance or take a home equity loan?

Amanda B asked: My husband I are looking to borrow about $35 thousand dollars out of the equity of our home to help finance our son’s college and to do some small renovations. We bought our house ten years ago … Continue reading

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Home loan question?

Bethany asked: My Grandmother wants to give my husband and I her home. We are more than willing to take her up on this offer but are a little confused on how to go about getting a loan to cover … Continue reading

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Is it possible to get a home equity loan on a home that we have listed for sale on the MLS?

knucklenuck asked: We built a home to sell or rent and own it outright. We’d like to tap into some of the equity on the home but Countrywide (where we have the mortgage on our main home) has said that … Continue reading

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anyone had problems with irwin home equity and refinancing loans they hold?

Kaydee asked: I have a 2nd mortgage with irwin. 3 years ago i declared bankruptcy for medical reasons but did not reaffirm this mortgage. I did not know that i needed to and Irwin was not present at the hearing. … Continue reading

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