Home Equity Loans & Line Of Credit
You may have heard of reverse mortgages through Fred Thompson's ubiquitous daytime television ads, but you may not know much about them or h...
The Loan-to-Value (LTV) ratio is defined as the outstanding amount on your mortgage divided by the appraised value of your property. Whether...
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...
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...
Second mortgages were quite popular around 2006 before the subsequent housing bust gave them a bad name. However, they do have a place in re...
Lines of credit are agreements between financial institutions and borrowers that set a maximum loan balance that can be drawn upon at any ti...
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...
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...
The credit checks for reverse mortgages are
authorized by congress.
Department of Housing and Urban Development
(HUD), whose Federal Housing Administratio...
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 ...