Tag Archives: Personal Loan

Second Mortgage Loans Can Help You Consolidate Your Debt

Barry Byers asked: Second mortgage. The term used to have negative connotations – people with a second mortgage were assumed to have extreme financial difficulties and poor money management skills.That perception has changed for many reasons. Housing prices have reached … Continue reading

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Home Equity Loan – Understanding the Basics of Home Equity Mortgage

Julian Lim asked: A discussion of the nature, benefits and operational methods of a home equity loan in simple, easy to understand language is helpful in deciding whether or not such a home equity mortgage should be acquired.A home equity … Continue reading

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Home Equity Loans-Lower Rates, Smaller Payments, A Better Option

Albert Alexander asked: Home equity loans are sometimes used for consolidating consumer debt or covering a large expense such as a wedding, college expenses, or home repairs to your existing home. Home equity loans are great in that they use … Continue reading

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what happens to us if we want to sell a house with 2 mortgages and an home equity?

WhoK asked: We have 2 mortgages (1st & 2nd), my friend withdrew an other line of equity. What happens to the equity line loan if we sell this house short? Can we ask the bank to convert equity loan to … Continue reading

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I have alot of credit card debt, how can I get a personal loan to pay them off without hurting my good credit?

cme4ins asked: I contacted a debt solution program but they say my credit will be hurt until I get these paid off. My credit is real good I just have alot of credit card debt that I would like into … Continue reading

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