Tag Archives: Equity Loan

Equity loans are a loan taken against a home equity

asked: Virginia

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Is this right.foreclosure after spending equity loan?

iDork asked: Say I purchased a home before the housing boom so it was bought at a reasonable price. Then the boom happened. My house went up in value about $200,000 and so I took out a 2nd mortgage/equity loan. … Continue reading

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Can I get an equity loan on property that has multiple names on the deed?

superchic_gator01 asked: My husband and I are wanting to build a house on land that our family owns, with all of our names on the deed. There is already a mortgage on the land (and home on the land). I … Continue reading

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Home Equity Loans, Considered As Second Mortgage Loan

asked: Joanne

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my credit is not the best and i have asked my mortgage?

Ellen J asked: company to help me with a equity loan. i have good equity in my home and have a good payment history of paying my house note. but i do have a lot of other things that i … Continue reading

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Need a home equity or persoanl loan asap?

malibuphile asked: bad credit (under 500) three mortgage lates. Life hit us hard but are trying to get back on our feet. Just need a chance. Anyone know a co that would provide a loan with these perameters?Edith

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Questions about Foreclosing and short sale of a Home?

Fred T asked: I have several questions regarding a foreclosure and short sale… 1. Will there be a problem when you foreclose a home with an existing equity loan? 2. Is there any legal problem when you foreclose your home … Continue reading

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My home is paid for and I have an equity loan?

lala asked: I live in Ohio. Can I refinance this into a regular mortgage or some other kind of loan with lower interest rate? I am at a variable rate right now. Loan amt is 25000. And I still owe … Continue reading

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Does anyone understand this home loan?

kiwi asked: I have no clue but friend wants to know first loan is fixed equity loan at 9.850 (104000) second loan is conventional is conventional at 9.3 (26,00) Is this typical? Are the loans both fixed? Should he be … Continue reading

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Can we bankrupt an equity loan w/o losing our house. Both are by the same bank.Wells Fargo?

Fennis asked: Wife and I took out a 50g equity loan over 4.5 yrs ago. At the time we both worked for a big company. We never thought we would both lose these jobs less than a year apart.( My … Continue reading

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