Home Equity Loans & Line Of Credit
Depends on what you consider "medium to high"
debt ratio. Since HELOCs are held by the
originating bank or credit union, they have
more leeway on debt ratios, compare...
I'm not 100% clear on the
supporting information for your question; was
the home sold (and therefore no longer owned
by you), or do you still own it bu...
I believe that Mark provided a
thorough answer to your question, but I would
add one more item since you are looking to
take cash out. Take note of what you...
Should I stay or should I go? With apologies to The Clash, that's the question many homeowners are asking themselves. Does it make more sens...
Why would you loan money to someone without fully assessing the likelihood of being paid back? Lenders do make such loans on occasion – stud...
Asked by an anonymous user
Unfortunately, the 547 score is a lower score
than any lender will consider. I recommend
that you consult with a professional in the
credit repair business and develo...
Based on the 2.5% rate of your HELOC, it
appears to be PRIME -.75%, which is a pretty
sweet deal. I don't know if your initial
interest-only term was for 15 years or...
If you are happy with your current home, why wouldn't you want to live in it for the rest of your life? Many seniors and soon-to-be seniors ...
Are you planning to renovate your home in 2017? There's a better than 50/50 chance that you are, if a recent poll by LightStream is accurate...
It should be possible and you can
even refinance it with a new home equity loan.
My advice would be to find a competent loan
officer that you feel comfort...