Powered by Max Banner Ads 

 Powered by Max Banner Ads 

shammu asked:


I am looking to refi my home mortgage and got a suggestion to check out home equity loan. Need help

Samuel

mrclam1212 asked:


Say someone wanted a 30K Home Equity Loan and they had 200K in equity in their home. Would they get the loan everytime regardless of credit score and other factors?

William

Clinton W asked:


Would these debts be “forgiven” also and if so, does this affect your house which was used to achieve the loan?

Diego

motormank asked:


My husband and I need to lower our monthly payments. We have no debt except a line of credit for $60,000 with the payment of $410 and two car loans both adding up to about $25,000 and the combined payment of $1050/mo. So, we are spending about $1400/month for these 3 things. If we got a loan for $110,000 and payed all these off, our payment at 6.6% would be around $700/month. Of course I would always pay more than that per month which would go to principle. Why isn’t this a good thing to do? I realize that getting a new car would add to our payments once again. So, that would not be smart. Other than that, is this a smart thing to do? It seems like it is, but then why don’t more people do this?

Nolan

stephanie s asked:


My husband and I took out a home equity loan last year. Is the interest tax deductible?

Sarah

Saloni asked:


Is mortgage and Home equity loans are beneficial?

Jacob