Tag Archives: Credit Score

Home Equity Loan with a FICO of 530?

Posted on January 5, 2010 by admin

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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mortgage gimmicks?

Posted on December 5, 2009 by admin

P. M asked: We have a lot of equity in our home, a credit rating of 661 and wanted to borrow $25k for improvements, NASB -(816)765-2200, says, “we don’t like your credit score”. One other loaner (Quicken)(734)805-5000, says,” there are … Continue reading →

Posted in Renting & Real Estate | Tagged , , , , , , , , , | 11 Comments

Getting a Home Equity Loan to Renovate and Then Sell your House

Posted on December 2, 2009 by admin

Joel Cohen asked: People apply for home equity loans for several reasons. Amongst the most common ones is for renovating a house. In order to keep a home at the highest market value, people renovate at a certain period. Some … Continue reading →

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Home Equity Loan:get Money Using your Home Equity

Posted on September 2, 2009 by admin

Johan Jeuring asked: While looking for a loan the initiative thought that comes first in to a homeowners mind is to secure his house from the lenders. Succeeding that, the loan seeker tries to derive maximum benefits. Having scrutinized all … Continue reading →

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Should I refinance my mortgage or pay off revolving debt?

Posted on April 28, 2009 by admin

Johnnie asked: Should I refinance my mortgage, which will save me $400 per month by combining a costly 9.99% home equity loan with my primary, or use the $10000 I need to close to pay off my credit card debt … Continue reading →

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Six Key Aspects of a Home Equity Loan

Posted on April 22, 2009 by admin

Alan Lim asked: Ever feel lost when people talk about subjects like a home equity loan? It certainly does sound something like what you would hear on a business news show. But for every homeowner or someone considering property purchase, … Continue reading →

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What company should I apply for a home equity loan fast but have bad credit?

Posted on April 18, 2009 by admin

jeff asked: I am currently in a bad financial situation. I have terrible credit and can’t even get approved for a new credit card. My monthly payments on my car and credit cards are too much for me to handle. … Continue reading →

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I want to refinance my home and combine my mortgage and equity line. ?

Posted on April 10, 2009 by admin

aglaia asked: My credit score is 680. I was told my debt to income ratio is high. Will my credit score increase and will it be better for me if I pay off these debts showing on my account by … Continue reading →

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I own a paid off home valued at 120k can I get a new mortgage for 75k?

Posted on April 2, 2009 by admin

hopes2graduate asked: I am wanting to get a new mortgage to invest in a business venture and for home repairs. Is this possible? I don’t want a home equity loan, I was approved for one of those for 10k. But … Continue reading →

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What is Mortgage Refinancing Home Equity Loan?

Posted on March 25, 2009 by admin

Andrew Bicknell asked: A mortgage refinancing home equity loan is simply a loan that you take out to pay off an existing mortgage with a new loan that is more financially friendly to your financial goals. The purpose of this … Continue reading →

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