Home Equity Loans & Line Of Credit

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Asked by melvin-taylor
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Answered by melvin-taylor
What happens to the equity that is in the ones home if not utilized: ex: I took out approximately 100K in 2005, and left another 100K in equity. My question is what h...
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Asked by Steffanie
Answered by Justin Clark, Mortgage Broker in Moreno Valley, CA
Take your remaining loan balance off your most recent mortgage statement and divide it by the value of the property, That will give you the % of equity you have. If y...
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Asked by marygituanja
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Answered by dskow
Mary. you can contact any lender to complete an application. Every lender will use their own forms as their names . identification information is part of the applicati...
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Asked by Cecilio
Answered by Justin Clark, Mortgage Broker in Moreno Valley, CA
Ok, Have you contacted a lender yet? That would be your first step. Where are you located?
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Asked by Carla
Answered by Kendrick Walker, Mortgage Broker in Santa Rosa, CA
Hello Carla, How much do you owe on your property and then how much is your property currently worth (based on recent comparable sales, an appraisal, good Broker est...
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Asked by rick
Answered by Justin Clark, Mortgage Broker in Moreno Valley, CA
How much are you borrowing? If you're only going to need $8,000-$10,000 then most lenders won't do a refinance because it'll cost you half as much in fees, which woul...
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