Tag Archives: Home Equity Loan

Re-finance my condo? Second mortgage?

Rachel Green asked: If I re-finance my condo, can I add in other debt like credit cards and such? Or is that when you get a second mortgage? I want to put everything into one monthly payment. I highly DOUBT … Continue reading

Posted in Personal Finance | Tagged , , , | 3 Comments

I have a 30 yr. fixed 1st mortgage of 160K at 5.875% and a 20 yr. fixed 2nd mortgage of 40k at 9.00% since ’03

Spaghetti asked: I’ve bought it in April of 2003 in Kihei,HI at 201K.The value of the condo now (Feb.’08) is approx. $350K.Now,what I would like to do is either combine the 2 mortgages into one or pay off the 2nd … Continue reading

Posted in Renting & Real Estate | Tagged , , , , , , , , , , , , | 4 Comments

Questions about capital gain and the USDA Rural Development Loan?

Lacey asked: My husband and I have had our house since June of 2008. We need to relocate and worry about selling our first house. Question #1—How do capital gains work? Our purchase price was $80,000. Which, was a seemed … Continue reading

Posted in Renting & Real Estate | Tagged , , , , , , , , , , , , , , | 1 Comment

Getting a mortgage?

Veritas et Aequitas () asked: Okay, if you pay off a home and own it free and clear, can you later get a mortgage on the property? I am basically asking, is there any other option rather than taking out … Continue reading

Posted in Renting & Real Estate | Tagged , , , | 7 Comments

Fixed or ARM rates Mortgage?

SanRosejha asked: excuse my ignorance, what do they mean when they talk about fixed and ARM rates? And also, we have a balance of $14,000 on a Mortgage with a maturity date of 8/2014, we are planning to get a … Continue reading

Posted in Renting & Real Estate | Tagged , , , , , | 1 Comment

How do i get a loan with bad credit?

blackberry j asked: I straight out own two properties without mortgages on them, how do i get a home equity loan on one of them if i have bad credit?Wendy

Posted in Renting & Real Estate | Tagged , , | 4 Comments

What should I do? Credit question?

Daisey M asked: I am a solvent, stable, well-employed, credit-worthy individual. I bought a house 7 years ago which has more than doubled in value due to the market I’m in and of course, location-location-location. I have about $10k of … Continue reading

Posted in Personal Finance | Tagged , , , , , , , , , , , , , , | 11 Comments

The Advantages of a Manufactured Home Equity Loan

asked: Grace

Tagged , | Leave a comment

Claiming mortgage interest after divorce?

J S asked: Divorce was final on 12-13-07 but mediation agreement was signed and binding in August 07. We owned two houses and both are still in our name. The mediation agreement gives one house to me and one to … Continue reading

Posted in United States | Tagged , , , , , | 3 Comments

Conventional mortgage-lending based on what value?

sreshowtime asked: Let me see if I can ask this right- If I want to buy a foreclosed property for 237K and the county tax value is at 244K, and other comparables in 2 mile radius are selling for 247k … Continue reading

Posted in Renting & Real Estate | Tagged , , , , , , , , , , , , | 2 Comments