Tag Archives: Home Loan

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

Posted in Renting & Real Estate | Tagged , , , , , , , , , , | 6 Comments

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

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

Should I take out another home loan?

rollsrock18 asked: I’m trying to make a financially sound move, deciding whether or not I should take a second mortgage or home equity loan against the equity in my house. Here’s the scenario: 670 median credit score, debt to income … Continue reading

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How To Avail Home Equity Loans

Marlon Dirk asked: When it comes to your home mortgage, if you’ve owned your home for a while, there’s a good chance you have equity built up, this can allow you to get a home equity loan. Home equity loans … Continue reading

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Home Equity Loans: Financial Aide Against Home Equity

Dina Wilson asked: You may have heard the term home equity loan but are not really sure whether this type of loan will work for you. The first step is to understand the concept of home equity.Equity is the worth … Continue reading

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Home loan question?

Bethany asked: My Grandmother wants to give my husband and I her home. We are more than willing to take her up on this offer but are a little confused on how to go about getting a loan to cover … Continue reading

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