Tag Archives: Mortgage Payment

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

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

Home equity loan help?! Anyone financial?

Kinsey asked: Okay I know that without specific numbers no one can really answer this question. But I just want to know how much more a monthly mortgage payment will be if a home equity loan is taken out for … Continue reading

Posted in Investing | Tagged , , , , , , | 1 Comment

investing my home equity into profitable property?

sparkinharley asked: this property is all long term renters 6 unit Grossing an income of 35,580.00 …per yr . total Operating exp. $13,500 so there is a profit of 22,260.00 which can pay off my home equity loan in a … Continue reading

Posted in Investing | Tagged , , , , , , , , , | 2 Comments

What company should I apply for a home equity loan fast but have bad credit?

jeff asked: I am currently in a bad financial situation. I have terrible credit and can’t even get approved for a new credit card. My monthly payments on my car and credit cards are too much for me to handle. … Continue reading

Posted in Personal Finance | Tagged , , , , , , , , , , , , , , | 1 Comment

Mortgagees, have you tried the bi-weekly mortgage payment program and if so, has it worked out for you?

Guinness asked: I am told it will reduce the life of my mortgage loan by 7 years, and will add to my home equity significantly within 10 years. Is anyone out there actually doing this and have you seen positive … Continue reading

Posted in Renting & Real Estate | Tagged , , , , , | 5 Comments

Is this a smart investment , using my home equity?

sparkinharley asked: this property is all long term renters 6 unit Grossing an income of 35,580.00 …per yr . total Operating exp. $13,500 so there is a profit of 22,260.00 which can pay off my home equity loan in a … Continue reading

Posted in Investing | Tagged , , , , , , , , , | 3 Comments