Tag Archives: First Mortgage

Let Mortgage Home Equity Loans Solve Your Money Problems

Posted on October 13, 2009 by admin

Peter Lee asked: Mortgage home equity loans are calculated as the value of your present home less the mortgage loan you had borrowed from the mortgage lender. It allows you the option to access this equity that essentially is the … Continue reading →

Posted in Mortgage | Tagged Credit Card Payments, Financial Burden, First Mortgage, Fixed Interest, Loan Commitment, Loan Fees, Lump Sum, Mortgage Home Equity, Mortgage Lender, Necessary Homework, Original Mortgage, Smart Debt, Sum Of Money, Time Loan, Unforeseen Expenses | Leave a comment

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 →

Posted in Loans | Tagged Adding On To Your Home, Borrowers, Business News, Collateral, Credit Score, Finance Company, First Mortgage, Loans, Lost, Monetary Value, Mortgage Loan, Original Mortgage, Real Estate Market, Second Mortgage, What Is A Home Equity Loan | Leave a comment

If I purchase a home in all cash would I get a mortgage or home equity loan?

Posted on April 1, 2009 by admin

ace3408 asked: I am planning on purchasing an investment property with 100% cash. I can purchase the property at 60% of market value. I then plan on pulling a loan out for 60% of the market value. Would it be … Continue reading →

Posted in Renting & Real Estate | Tagged Basis Points, First Mortgage, Home Equity Loan, Investment Property, Lien Position, Loan Mortgage, Mortgage Loan, Position Thanks | 7 Comments

Home Equity Loan – A Popular Fund Raising Option

Posted on March 29, 2009 by admin

Sachin A asked: Home equity loans have become one of the most popular fund raising options for individuals.Home equity loans are the loans taken using your home’s equity as the collateral. Thus they are a type of secured loan.These loans … Continue reading →

Posted in Non Fiction | Tagged Collateral, Debt Consolidation, Educational Expenses, Equity Line Of Credit, First Mortgage, Fixed Rate Home Equity Loans, Home Equity Line, Home Equity Line Of Credit, Home Equity Loan, Home Equity Loans, Home Improvements, Home Mortgage, Interest Rates, Medical Bills, Secured Loans | Leave a comment

Home Equity Loans Give Financial Acuity

Posted on March 4, 2009 by admin

Dina Wilson asked: Suppose you have obtained a first mortgage worth ₤150,000 on your property. You have paid ₤70,000 in last 5 years. Your home value has also increased to ₤300,000 in these 5 years. So your home equity is … Continue reading →

Posted in Loans | Tagged Borrowers, Collateral Loans, Collateral Security, Credit Card Loans, Debt Consolidation, Education Debt, First Mortgage, Flexible Repayment, Home Equity Loans, Home Value, Lenders, Rate Home Equity, Second Mortgages, Secured Loans, Tax Deduction | Leave a comment

What Home Equity Loans Guide

Posted on February 9, 2009 by admin

Daniel Roshard asked: Your home can help you raise cash. How? Home equity loans have become a popular way of raising cash. The amount that you owe for your house subtracted from its current appraised worth is the equity on … Continue reading →

Posted in Real Estate | Tagged 1980s, Collateral, Credit Cards, Debt Consolidation, First Mortgage, Home Equity Loan, Home Equity Loans, Interest Rate, Loan Money, Low Interest Rates, Personal Debts, Second Mortgage, Second Mortgages, Time Spans, Two Kinds | Leave a comment

Is my home equity line of credit included in a bank’s Loan-to-Value calculation?

Posted on January 30, 2009 by admin

oizuki asked: I’m looking to refinance my house and while the loan amount on my first mortgage is 800K, my house is appraised at $1M. However I also have a home equity line of credit for $100K. I’m only looking … Continue reading →

Posted in Renting & Real Estate | Tagged 100k, 1m, Bank Loan, Equity Line Of Credit, First Mortgage, Heloc, Home Equity Line, Home Equity Line Of Credit, Loan Calculation, Loan Mortgage, Loan Value, Refinance House, Refinancing Mortgage | 1 Comment

Home Equity Loan: A Definition That Everyone Should Know

Posted on January 27, 2009 by admin

Prudence Wong asked: Mortgage, second mortgage and equity release schemes are all used as synonym for home equity loans and are basically the loans availed against your home. In home equity loans, you are borrowing an amount from a lender … Continue reading →

Posted in Real Estate | Tagged Equity Release, Financial Institutions, First Mortgage, Fixed Rate, Good Options, Home Equity Loan, Home Equity Loans, Home Mortgage Loans, Lenders, Mortgage Amount, Mortgage Loan, Second Mortgage Loans, Synonym, Wallet | Leave a comment

Can I refinance my first mortgage only?

Posted on January 23, 2009 by admin

T asked: I have a first mortgage and a home equity loan. Can I refinance just the first mortgage only? I am also looking at rolling it all into a single refinance as well, but appraised value may not allow … Continue reading →

Posted in Renting & Real Estate | Tagged 300k, First Mortgage, Helo, Home Equity Loan, Insight, Lenders, Loan Refinance, Monthly Payments, Refinance Mortgage | 4 Comments

How a Home Equity Loan Can Help Improve your Finances

Posted on January 16, 2009 by admin

Terry Edwards asked: A home equity loan is a great choice for the homeowner who is looking for funds to use in improving their home, or paying off debts. But, there are so many other uses with this type of … Continue reading →

Posted in Finance | Tagged College Expenses, Equity Line Of Credit, Extra Cash, First Mortgage, High Interest Credit Cards, Home Equity Line, Home Equity Loan, Interest Credit Cards, Lenders, Money Mortgage, Mortgage Interest, New Addition, Paying Off Debts, Personal Loans, Rights Reserved Worldwide | Leave a comment