Home Equity Loans & Line Of Credit

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Asked by roger taylor
Answered by Chad Freeman, Branch ManagerPRO+ in Bethesda, MD
Hi Roger: 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...
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Asked by Erin
Answered by James Talbot, Mortgage Broker in Metairie, LA
Erin, Yes, thankfully they are. There was a time just after the market meltdown when they weren’t but eventually the market eased up and started allowing them agai...
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Asked by an anonymous user
Answered by Chad Freeman, Branch ManagerPRO+ in Bethesda, MD
Hello: It could be that there are some institutions that may have their own internal overlays that say otherwise, but generally speaking, the answer is "yes". In mo...
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Asked by Lynn
Answered by Ted Rood, Mortgage BrokerPRO+ in Maryland Heights, MO
Reverse mortgages are a great tool, in certain circumstances, and an expensive mistake in others. Their interest rates and costs are higher than typical mortgages, an...
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Asked by Scherrylain
Answered by Ted Rood, Mortgage BrokerPRO+ in Maryland Heights, MO
I'd recommend doing the home equity line for two reasons: the cost will be far less than obtaining a purchase loan for that small of amount, and you'll essentially be...
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Asked by an anonymous user
Answered by Cathy Curtis, Financial Adviser in Oakland, CA
You might want to check out Quicken Loans HELOC's or Charles Schwab HELOC's (not sure if they do business in Florida)
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