Home Equity Loans & Line Of Credit
It happens to nearly everyone from time to time: Get laid off from your job, or suddenly your washer and dryer both die at the same time, or...
Your Guide to Securing a Home Equity Line of Credit
A family's home is often their most valuable asset. If you've purchased a $300,000...
First off, I recommend that you find out what
your FICO score is. Obviously, the higher the
better. And if you know what it is upfront,
you'll be in a better positio...
You can combine your first and second mortgage
into one new mortgage, but there a few factors
you would need to consider. You would have to
check the current rates on...
Absolutely this is a possibility and the type
of financing would depend on your long term
goals. If you are doing some home
improvements and expect to pay off the deb...
When you say "extension", I presume you're
talking about increasing your loan size, since
reverse mortgages don't have a defined term,
and are only due when the last p...
Yes, you can just replace that HELOC with a
new HELOC or get a Mortgage. You could also
replace it with a mortgage and a smaller
Is there any equity left in the home? I would
contact the company that financed the reverse
mortgage to get the true facts and details.
You need to speak with a real estate attorney
sooner, not later. Without knowing how
ownership was vested, what state, etc, there's
no way to give you good advice in ...
Can you elaborate on why you need to
refinance rather than just pay off the
If you are unable to pay off the debt,
how much more debt through refinanc...