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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...

Avoiding Mortgage Predators
August 20, 2001 ?I read a lot about predatory lending.  How do I avoid becoming a victim??    To educate myself on what makes a victim, I recently studied 51 case histories of households ... more...

equity home related definitions

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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Get Free equity home Quotes and Estimates

Get instant on-line mortgage rate quote and closing cost estimate. Only put your loan numbers. No contact info required. Compare offers from top mortgage lenders... more...

Home Equity Is it Time to Cash Out and Move?
During the last five years, home prices have increased nationwide. In some parts of the country, notably California, home prices have doubled or even tripled. The median price of a home in the Los Angeles area is now nearly $450,000 and in the San Francisco area, the price is approaching $600,000 ... more...

Home Equity Loans - What Can I Use It For
Home Equity Loans basically allow you to release the money that is tied up in the bricks and mortar of your property.When the value of your home is more than you owe on it then the difference is Home Equity Loans.As home equity loans are usually over longer periods of time and take your house as ... more...

Home Equity Loans - What Can I Use It For?
Home Equity Loans basically allow you to release the money that is tied up in the bricks and mortar of your property.When the value of your home is more than you owe on it then the difference is Home Equity Loans.As home equity loans are usually over longer periods of time and take your house as ... more...

Home or Investment Property Equity: Be Sure the Bank Gives You All that You Deserve
Home equity is your own personal money machine. If you want financial freedom, a home equity loan is probably the best way to achieve it. You can pay down credit cards, pay off cars, both at high interest rates, or you can actually use your home equity to invest and build the money into a fortune ... more...

Home Equity Loan Tax Deductions
Interest - is an amount you pay for the use of borrowed money.Several lenders are currenty offering amazing deals for 125% home equity loans. As highly advertized as these loans are they don't highly advertize that the interest payments on these loans are not neccessarily fully tax deductable.To ... more...

Home Equity Loans Online - Types Of Home Equity Loans
A home equity loan allows you to tap into your propertys value to pay off short-term debt, remodel, or pay for college. There are several options for drawing on your equity, each with their own benefits and drawbacks. No matter which option you choose, interest is still tax deductible.Refinancing ... more...

How to Use a Home Equity Line of Credit Calculator
Most home owners know that the lower the interest rate, the lower the monthly payments. But then the process may get a bit fuzzy. While your monthly payments may be the same every month, you are not applying the same amount to the principal of the loan. Your amortization will vary month to month. ... more...

Home Equity Loans: Abusive Lending and How to Avoid It
Home Equity loans were initially designed to allow individuals who had not yet paid off the full amount of their home, the ability to borrow against what portion of the home they had paid for. So for example, a couple who had been making monthly payments for many years on their 30 year lease, ... more...

Home Equity Loan Good Choice for Luxury Purchases?
Home equity loans or lines of credit have increased dramatically in popularity in recent years. One of the reasons is that interest rates are at or near historic lows; borrowing money has rarely been more affordable. Another reason is that Americans are enjoying record amounts of equity as home ... more...

Debt Consolidation Loan For A Home Owner - 3 Things To Consider
If you want to consolidate your debt--and you own your own home--you're in luck! If you're willing to use your house as collateral, you have a lot of low-cost options for debt consolidation. Here are three loans to consider:Second mortgageA second mortgage is, essentially, another mortgage on a ... more...

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