Tag Archives: Debt Loan

Do You Qualify for a Home Equity Loan?

Carrie Reeder asked: When you apply for a home equity loan, lenders consider your creditworthiness when deciding whether or not to extend a loan. Your creditworthiness is assessed based on three things: credit history, income, and loan-to-value ratio.Credit HistoryAs with … 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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Found a home that has equity is there a lender that will do first mortgage and debt consolidation in one loan

Kim asked: I have debt that I want to consolidate into a home purchase, since I found a home that is priced well below appraised value. Since there is already equity is there a lender that will do a first … Continue reading

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