Links to fixed rate mortgages and other home equity loans…
Breanne asked: we have lived in our house for 5 years and have been fixing it up the whole time were looking at putting an addition on but need about 15,000 to do that what would be best a home equity loan, refinance our morgage (currently at 5.25 interest rate) and if we do go [...]
Continue Reading what is a home equity loan or line excatly?
Tags: Money, Morgage, Whole Time
Aricia asked: I want to buy a used lexus IS250 for 24,000. Great carfax and low mileage (29000). The interest rates on used cars are so high. I also have an option to borrow against my pension (4.9%). The only problem with that is they will only take money from my paycheck during the school [...]
Continue Reading Which is better a home equity loan or line of credit?
Tags: Paycheck, Pension Loan, School Year
Box Beatle asked: I will try to make this short, it is complicated. We own 2 commerical buildings, and our home. We have been trying to pay down credit cards for 4 years now with Consumer Credit Counselors. Well economy is terrible, lost my job, and have taken a huge pay cut at my new [...]
Continue Reading Is there help for us to combine our home equity and home mortgage?
Tags: Economy, Rate Home Equity, Sba Loan
Paul W asked: I currently have a 10.5% Home equity loan but would like to get a lower rate. Since there is much less equity in my home today than when I purchased, I would need to pay half the balance to get a HELOC at 5.5% and achieve the necessary LTV of the home. [...]
Continue Reading Are there negatives when transfering balances from a high rate HE loan to a low rate card card?
Tags: Heloc, Home Equity Loan, Low Interest
CruisesUnlimited asked: I currently pay 2 different mortage payments with 3rd Federal bank. I would like to turn the 2 mortgages into one. I want to turn my home equity variable loan into a LOW fixed rate. How and where do I go about doing this? Which companies offer the lowest rate? How do I [...]
Continue Reading I live in Florida. I own the house that I live in. I also own a condo that I rent?
Tags: Loan Rate, Mortage Payments, Mortgages
Tim C asked: I understand that the loan amount must be equal to or less than 80% of the property value, I’m just not sure what type of loan I should be looking for. In addition, I went to a bank and they said the loan will be adjustable, I also asked my mortgage broker [...]
Continue Reading I’m trying to get a loan off my parents house (about 250k), should I be getting a home equity line of credit?
Tags: Home Equity Line, Home Equity Line Of Credit, Mortgage Broker
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 line of credit. How much will my payments go up on the 2nd mortgage and [...]
Continue Reading Should I stay away from a second mortgage interest only loan?
Tags: Home Equity Line Of Credit, Interest Only Loan, Second Mortgage
buckbucknumber2000 asked: I have a 15 year mortgage on my house which I’ve been paying on for about 7 months. Its fixed at 6.74% APR. Initial amount borrowed was $65,016.24 and now I owe $63,674.81 after 7 months of payments. (my payment is $574.42 per month) My bank now is advertising a home equity installment [...]
Continue Reading take out home equity loan to pay part of mortgage?
dar asked: Loan start June 2005 –$20,000 balance—15 year fixed at 6.85%. I have outstanding credit. AND what percentage point drop would it be worth my time/money to refinancing again. Thanks.Instant Auto Insurance Quote
Continue Reading I have an outstanding home equity loan – I’m paying 6.85%. Whats the going rate now?
apocalypse66613 asked: I owe nothing on my house its paid off and in my name. The house its self is worth about $35k-$40k. My credit sucks right now and i wanted to know would i be able to take out a small equity loan out on the house to pay off a few of my [...]
Continue Reading Home Equity Loan Question?
Tags: Debts, Equity Loan Question, Home Equity Loan
