Tag Archives: Fi

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

Posted in Personal Finance | Tagged , , , , , , , , , | 2 Comments

How do “Refinance” companies make profit on equity “interest only” loans?

Michael K asked: Last year, I was compelled to agree to an interest only equity home loan. I paid cash for my home 2 years prior, and owned the home without mortgage of any type. Now, I am paying off … Continue reading

Posted in Renting & Real Estate | Tagged , , , , , , , , , , , , , , | 3 Comments