Posts tagged equity
WHAT WOULD BE BETTER, A HOME EQUITY LOAN OR REFINANCE AT LOWER RATE TO ADD ON TO MY HOME?
Mar 10th
I’m wanting to add on to my home but I have never used a home equity loan. I have used the refinance method where you borrow a tiny extra to add on. What would be the ideal now, with the way the economy is and the interest rates unstable?
HOW LONG DO YOU HAVE TO WAIT FOR A HOME EQUITY LOAN?
Mar 8th
How long after purchasing a home do you have to wait to take out a home equity loan? Do you have to re-close? Are there loan you can take out beside equity if you own a home?
IS HOME EQUITY LOAN ON A RENTAL PROPERTY TAX DEDUCTIBLE?
Mar 6th
I own a home right now where I am still paying PMI. I also have a rental property. I would like to take a home equity loan on the rental property to pay-off some of my mortgage so I will not have to pay PMI to my first home anymore. Will the interest I pay on the home equity loan on my rental property be tax deductible?
CAN I GET A HOME EQUITY LOAN WITH NO SEASONING REQUIREMENTS WITH BAD CREDIT?
Mar 5th
We just bought a home and want to consolidate some bills to create a superior cash flow. The problem is we have only been in the home for two months. I am being told that most companies require 6 months to 12 months seasoning to get a home equity loan. Any suggestions?
CAN SOMEONE PLEASE TELL ME THE POSITIVES & NEGATIVES OF AQUIRING AN AUTO EQUITY LOAN?
Mar 3rd
Can I refinance a current auto loan into an auto equity loan? My primary motivation for wanting an auto equity loan is so I can deduct the interests from the auto loan against my income. Serious answers only, please.
CAN YOU GET A HOME EQUITY LOAN FOR A HOME THAT NEEDS REHAB?
Mar 2nd
The home is paid for and no liens are against it. The home would not pass inspection at this time. I need 20K to make it livable again. Someone told me that the bank would lend the
the money on the future equity of the property if I had a licensed contractor do the work. Can anyone clarify this type of loan. Thanks in advance.
WHAT MUST BE A DEBT TO INCOME RATIO TO QUALIFY FOR HOME EQUITY LOAN? ?
Feb 28th
What is a debt to income ratio to qualify for Home Equity Loan / Home Equity line of credit.
What if I go to mortgage brokers who have access to “B” type lenders at higher rates?
Thanks guys!
CAN A FIXED HOME EQUITY LOAN DROP MY CREDIT SCORE?
Feb 26th
I requested $10,000 dollar home equity loan to roof my house.
My FICO score was 780 until approx March when I applied for a home equity loan at a fixed rate. Now my FICO score is 740. What happened? I am never late on any payments. I pay over the minimum amount do on my card each time.
I NEED TO GET OUT OF MY HOUSE LOAN AND EQUITY LINE OF CREDIT?
Feb 26th
My home has a 80k loan and a 50k equity line of credit (diff bank)
Built 1849 I do not have the money to fix. Now a 3rd child is coming and my home has serious mold problem. Family is sick. I want to walk away. Help… deed in lieu of foreclosure?
What kind of options are available. I want to get a mold check for proof. Get quote to clean. Which I can’t afford. Then hand over to bank. Home is unsafe to live in.