Home | Ask Your Question | Mortgage Glossary |
|
||||||||
Mortgage Professor about mortgage interest credit cards home equity house bad lender: | ||||||||
Debt Consolidation With a Second Mortgage
November 6, 1999, Revised February 20, 2004, Revised November 30, 2004 "I have a bad credit card habit, with 7 cards and $30,000 in balances, at rates ranging from 10% to 19%. I have been offered a $35,000 second mortgage at ... more... The Fully Amortizing Mortgage and Savings Discipline February 7, 2005 ?The equity from sale of our old house will cover the first 6 months of payments on the new one. To avoid spending this money, we plan to make 6 payments immediately, then we have 6 months to save enough from our current income to repeat the process. Is this ... more... |
||||||||
mortgage interest credit cards home equity house bad lender related definitions |
||||||||
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... 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... |
||||||||
More about mortgage interest credit cards home equity house bad lender
Give Yourself Credit Home Equity Loans Theres Gold In That There House How I Became a Real Estate Investor Adverse Debt Levels Blight UK Consumers Personal Finances Bad Credit? No Credit? No Money? No Problem! Increase Your Sales by Giving It Away A Journey To The Palace Hotels Of India Saving Money By Spending Wisely 6 REASONS for Investing in Florida Real Estate Investment Property NOW How to Buy a Business in Australia Loans Guide
|
|
|||||||
|