Tag Archives: Mortgage Interest

Can I use equity in a 2nd home to lower my primary home’s mortgage principal?

Posted on July 19, 2010 by admin

mckgolfman m asked: I have a condo that I rent out and I have a line of credit that is at a lower interest rate than my mortgage. I am thinking about taking out some of that money to lower … Continue reading →

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Should I stay away from a second mortgage interest only loan?

Posted on May 2, 2009 by admin

dwanal asked: I’ve been approved for a 1st mortgage at a fixed rate of 7.38 and a 2n mortgage interest only at 10.425. This loan is for an investment property. I’ve been told that the 2nd loan is Home equity … Continue reading →

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What is the Best Mortgage Calculator for Home Equity Loans and Home Refinancing?

Posted on February 22, 2009 by admin

costumes.us.com asked: I am searching for the best mortgage calculators. Interest Only calculators and simple home mortgage calculators and loan calculators. I used the ones at http://www.1mortgagecalculator.net/index2.php and they seem pretty good. Just looking for comparisons.THEODORE

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

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