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Mortgage Professor about equity in your home: | |||||||||||||||||||||||
Second Mortgage Versus 401K Loan
July 10, 2000 "I need $10,000 for a home improvement. I can either take out a home equity loan or I can borrow from my 401K retirement fund. Would the tax benefits on the home equity loan outweigh the advantage of ... more... Is Unused Home Equity a "Missed Fortune"? 18 July 2005 "I don?t understand why a Wharton professor would not recognize that unused home equity is a missed opportunity? Isn?t home equity safer in a conservative side fund than buried in the house earning a 0 percent return?" The New and Old Wisdoms of ... more... |
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equity in your home related definitions |
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Home Equity Loan
Home Equity Loan A home equity loan is borrowing against the equity you have acquired in your home. Lets suppose your original mortgage was $175,000.00, but your house is worth $225,000.00. The difference is $50,000.00. ... more... Second Mortgage, Home Equity Loan Second Mortgage, Home Equity Loan A secured loan (mortgage) that is subordinate to another loan against the same property. More specifically, the second loan in sequence. Generally, second mortgage hass a higher interest rate and with shorter terms than a ... more... |
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More about equity in your home Shopping Home Equity Loan Rates Home Equity or Debt Trap? Home Equity Loans - Friend or Foe? When Your Bills Are Piling Up Here Are 6 Different Ways to Consolidate Open the Cash Vault Inside Your Home Reaping Financial Rewards Bad Credit Home Equity Loans Creative Home Equity Strategies for Retirement A Home Equity Loan - What You Should Know? Home Equity Loans Theres Gold In That There House Top 5 Methods to Manage Your Home Equity
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