Category Archives: Personal Finance

How can i get rid of my home equity line of credit?

Ash asked: I have done loan modification with my first mortgage.Marian

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Is there help for us to combine our home equity and home mortgage?

Box asked: I will try to make this short, it is complicated. We own 2 commerical buildings, and our home. We have been trying to pay down credit cards for 4 years now with Consumer Credit Counselors. Well economy is … Continue reading

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Should I take out another home loan?

rollsrock18 asked: I’m trying to make a financially sound move, deciding whether or not I should take a second mortgage or home equity loan against the equity in my house. Here’s the scenario: 670 median credit score, debt to income … Continue reading

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Smartest way to pay debt refinance, home equity loan or a payment plan?

. . asked: I have debt totaling 30,000. I own a home in which I have over 150k equity in. I want to pay this debt once and for all. What would be the smartest way to do this? Should … 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

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Home Equity Loan with a FICO of 530?

Kennyb asked: I have less than 15% equity in my home and need to consolidate some bills. My FICO is right at 530 and I have one late mortgage payment about 3 months ago. The amount I need is about … Continue reading

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Who is responcible for the bills of a family member who is incapacitated?

Scott M asked: My stepfather suffered a massive stroke on Friday the 13th – I have come to help my mother with his financial obligations. I am so confused! After going through his financial records we discovered obligations we knew … Continue reading

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Which is better, a home equity loan or a home equity line of credit?

Katja M asked: My mother is running out of money (she is selling her house) and it is coming down to the only money she has is in the equity of her house (@$500,000). She currently has a mortgage at … Continue reading

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what’s the best place to get a home equity loan?

skybabe asked: Is it better at a bank or one of these places like Lending Tree?Or a mortgage company? thank’sCLINT

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Serious, factual, answers regarding re-fi and home equity?

My Dog Rowdy asked: I bought my home in March of 2003, my mother co-signed for me, but does not live with us or pay on the mortgage. I would like to look into either a refinance or home equity … Continue reading

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