Jul
30
What is home equity, how do you get more equity, what does it mean?
Filed Under homeequityloansprosandcons | 13 Comments
yoohoo asked:
What is a home equity loan? How do you know how much equity you have in your home? is that the loan you get for home improvements? Anything about equity would be great.
William
What is a home equity loan? How do you know how much equity you have in your home? is that the loan you get for home improvements? Anything about equity would be great.
William
Jul
29
How long do i have to wait until i can get an home equity line of credit?
Filed Under homeequityloansprosandcons | 2 Comments
79T40P asked:
I should move in my new house in july, how long do i have to wait before i can get a home equity loan? or what is my best option for getting 50K?
I should move in my new house in july, how long do i have to wait before i can get a home equity loan? or what is my best option for getting 50K?
I will no car notes, no credit card payments, nothing more than my mortgage and bills that are associated with anew how. I have a fixed rate so im not in the whole.
Im just trying to do some research.
Thanks
Rebecca
Jul
26
How should I go about selling my current home that I have a mortgage and home equity loan on and go about.
Filed Under homeequityloansprosandcons | 3 Comments
nicolepatricksoellner asked:
We want to relocate to my home town to better off my children this would give them a better school district and we would be alot closer to my family, just how do we go about doing this? We have a mortgage on the house we live in now and a home equity loan also, so we need to sell this one and get another home and a new mortgage on a new one. What are the steps to take to do all of this? Please help!!!
Wyatt
We want to relocate to my home town to better off my children this would give them a better school district and we would be alot closer to my family, just how do we go about doing this? We have a mortgage on the house we live in now and a home equity loan also, so we need to sell this one and get another home and a new mortgage on a new one. What are the steps to take to do all of this? Please help!!!
Wyatt
Jul
25
Is it better to us a Consoladation company or to use a home equity loan to pay off debt?
Filed Under homeequityloansprosandcons | 5 Comments
WYN asked:
I am in a little over $45,000 credit card debt. I am trying to figure out if it would be better for me to use a consolidation company or to get a home equity loan.
Skyler
I am in a little over $45,000 credit card debt. I am trying to figure out if it would be better for me to use a consolidation company or to get a home equity loan.
Skyler
Jul
23
Should you use a Home Equity Line of Credit to consolidate credit card debit? How does it affect the home?
Filed Under homeequityloansprosandcons | 5 Comments
Angelique B asked:
Over 10K of credit Card debt, all with high interest rates, think it would be better to use Home Equity to consolidate or “payoff” cards to have one low rate and payment.
Devin
Over 10K of credit Card debt, all with high interest rates, think it would be better to use Home Equity to consolidate or “payoff” cards to have one low rate and payment.
Devin
Jul
15
Is it better to get a home loan thru home equity line loan?
Filed Under homeequityloansprosandcons | 4 Comments
amny asked:
I am thinking of refinancing and Chase Bank is ready to give a 10 yr 170k home equity loan. Is this a better than my existing home mortgage loan. Is there anyone who has suggestions for this.
Mya
I am thinking of refinancing and Chase Bank is ready to give a 10 yr 170k home equity loan. Is this a better than my existing home mortgage loan. Is there anyone who has suggestions for this.
Mya
Jul
12
Will moving credit from my credit cards to my Home Equity improve my credit score?
Filed Under homeequityloansprosandcons | 6 Comments
xblaine asked:
I have 40,000 in Credit Card debt. I own my house outright. If I get a Home Equity Loan and move this credit from my cards to the HELOC will it improve my credit score or will it basically stay the same?
Victoria
I have 40,000 in Credit Card debt. I own my house outright. If I get a Home Equity Loan and move this credit from my cards to the HELOC will it improve my credit score or will it basically stay the same?
Victoria
Jul
9
should I pay down my home equity loan or pay off credit cards?
Filed Under homeequityloansprosandcons | 6 Comments
Lady asked:
Hi. My home equity loan is an interest only adjustable and I am currently paying something like 7.02 (I have a rate of 1.25 below prime). I also have credit card debt on two cards, but they are fixed at 4.02 and 4.99. I know its usually better to not have the credit card debt, but since the rates are fixed and lower than my heloc, should I work on paying the heloc off first (I owe twice as much on my heloc as I do on my credit cards). Thanks.
Jace
Hi. My home equity loan is an interest only adjustable and I am currently paying something like 7.02 (I have a rate of 1.25 below prime). I also have credit card debt on two cards, but they are fixed at 4.02 and 4.99. I know its usually better to not have the credit card debt, but since the rates are fixed and lower than my heloc, should I work on paying the heloc off first (I owe twice as much on my heloc as I do on my credit cards). Thanks.
Jace
Jul
9
Ken asked:
I am considering using a Home Equity Loan as down payment for the purchase of a second property. I have two questions. Is it true that the interest will be tax deductable if I take out no more than 100k? Secondly, how much typically will a Home Equity Loan cost me in fees?
Michael
I am considering using a Home Equity Loan as down payment for the purchase of a second property. I have two questions. Is it true that the interest will be tax deductable if I take out no more than 100k? Secondly, how much typically will a Home Equity Loan cost me in fees?
Michael
Jul
2
Does a co-signer need to be on the title to apply for a home equity loan or a home equity line of credit?
Filed Under homeequityloansprosandcons | 1 Comment
pingkitoe asked:
I’m thinking about applying for a home equity loan or line of credit for my home but am discouraged by my below average credit score. To refinance, any and all applicants must also be on the title document, so would the same rules apply on a home equity loan or line of credit?
Jacob
I’m thinking about applying for a home equity loan or line of credit for my home but am discouraged by my below average credit score. To refinance, any and all applicants must also be on the title document, so would the same rules apply on a home equity loan or line of credit?
Jacob











