Home Equity Loans & Line Of Credit

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Asked by dazhan
Answered by Justin Clark, Mortgage Broker in Moreno Valley, CA
It might be worth it, depending on what you want to do. The rates are decent right now so you would most likely be able to get a lower rate and in turn lower your mon...
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Asked by Marinaathomas
Answered by Greg Fischer, Mortgage Broker in Manchester, NH
Probably not. If you have a current 30-year loan, and are looking to refinance into a shorter term with a lower rate, as long as you have the required value in your...
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Asked by an anonymous user
You may have a range of credit issues due to the "trickle down problem with credit cards" that could cause creditors to turn you down. Taking your question at face val...
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Asked by rvmtexasx70
Answered by Dave Bradley, Investment Manager (Financial Advisor) in North Charleston, SC
Hi, Perhaps, I'm not understanding the question. At first glance, the logical thought that comes to mind is why not just pay off the first mortgage. Then, pay yours...
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Asked by jbon26
Answered by Dave Bradley, Investment Manager (Financial Advisor) in North Charleston, SC
The credit checks for reverse mortgages are authorized by congress. Why? The Department of Housing and Urban Development (HUD), whose Federal Housing Administratio...
Q&A
Asked by RhondaJohnson
Answered by David Skow, Mortgage BrokerPRO+ in Seattle , WA
Rhonda, thanks for the question. I would recommend beginning with contacting the bank you have your checking/savings accounts with. I would also suggest contacting ...
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