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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 Creative Home Equity Strategies for Retirement Business Loans - 7 Reasons Not to Use a Bank Debt Consolidation Mortgage Loans - Using Home Loans to Reduce Debt What Equity Is and How to Use It How to Get the Best Home Equity Loan For Your Credit and Qualifications Useful Information About Homeowner Loans UK Online Home Equity Loans: A Basic Glossary Personal Loans for Unemployed Liberating You from the Tangles of Unemployment US Commercial Mortgage Basics A Brief Commercial Mortgage Guide
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