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Mortgage Professor about commercial equity loans: | |||||||||||||||||||||||
How Can I Buy Before I Sell?
July 19, 1999, revised January 6, 2006 "I need to use the equity in my existing house to buy a new one, but it looks like I am going to have to close on my new house before I am able to close on my old one?How do I handle this?" I am assuming you have exhausted all ... more... Debt Elimination - Dupes Apply Here December 19, 2005 "A firm called Success Trust & Holding LLC has offered, for $4500, to make my mortgage payments for 3 years, at which point my mortgage will have been completely paid off. In addition, they will pay me an amount equal to the value of my house at that ... more... |
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commercial equity loans 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 commercial equity loans Secured Loans Making the Most of Your Home as Collateral Giving Finances a Breather Through Loans for Unemployed Poor Credit Home Equity Loan Tips - How to Find the Best Home Equity Loan Ten Ways Start-ups Use Venture Leases And Loans To Generate Millions Getting the Lowest Rate Home Equity Loan Fast Loans for Unemployed Bringing Financial Relief Real Fast Home Equity Loan Not Just For Home Repairs, And Tax Deductible, Too! A Beginner's Look at Secured Homeowner Loans Home Equity Loans: A Useful Financial Tool California and Orange County Home Equity Loans
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