Tag Archives: Interest Rate

2nd Mortgage Home Equity Loans

Kevin Benner asked: If you are trying to get the best possible rate on 2nd mortgage home equity loans, it’s a good idea to learn as much as you can about the process. You have probably seen countless websites that … Continue reading

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Do I Need a Home Equity Loan

Ken Charnly asked:  You have always done things by the book. Life is good and then all of a sudden things go wrong. Bills are piling up, your cars needs to be fixed, the kids need braces, and one-by-one the … 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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Refinance home mortgage for negative equity?

Steve M asked: Hi, I bought my house in 2006 for $450k with no down. Interest rate for the first loan (80%) is 6.5% and I got the 2nd loan with 9.5%. Now the estimated home value is ~$400k. I … Continue reading

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Home Equity Loan with a FICO of 530?

Kennyb asked: I have less than 15% equity in my home and need to consolidate some bills. My FICO is right at 530 and I have one late mortgage payment about 3 months ago. The amount I need is about … Continue reading

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Home Equity Loans: Taking What’s Rightfully Yours!

Marsha Claire asked: Few of us are familiar with the idea of selling our household items to earn money—if you’re not too sure, let’s take a recap. Ever remember having your furniture items sold in a garden sale? Ever sold … Continue reading

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How Do Home Equity Loans Work?

Stefan Hyross asked: A home equity can be a great way to to get some money fast. Home equity loans are also sometimes called second mortgage. They allow a homeowner to borrow money from the equity they have in their … Continue reading

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Getting a Home Equity Loan to Renovate and Then Sell your House

Joel Cohen asked: People apply for home equity loans for several reasons. Amongst the most common ones is for renovating a house. In order to keep a home at the highest market value, people renovate at a certain period. Some … Continue reading

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Home Equity Loan – Understanding the Basics and Advantages

Alan Lim 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 … Continue reading

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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

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