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Mortgage Professor about orange county home equity loans: | |||||||||||||||||||||||
Which Reverse Mortgage Plan Do I Choose?
April 8, 2003 ?I am 79. The counselor I saw in connection with my reverse mortgage told me that Fannie Mae?s Home Keeper product would provide me with more money than FHA?s Home Equity Conversion Mortgage, but that Home Keeper would cost me more. The decision was mine ... more... What Is Predatory Lending? November 8, 1999 "What is 'predatory lending'"? Predatory lendinghas been much in the news lately, and legislation has been introduced in a number of states to regulate it away. Most of this proposed legislation is ill-advised -- a knee-jerk response to horror stories. ... more... |
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orange county home 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 orange county home equity loans Loans Guide Home Equity Loans - What Can I Use It For? What Equity Is and How to Use It Home Equity Loans - What Can I Use It For How to Get the Best Home Equity Loan For Your Credit and Qualifications Home Equity Loans Defined Why Get a Home Equity Loan? Home Loans Discovering Capital in Your Home Decision Time: Home Equity Loan or Home Equity Line of Credit? Fast Loans for Unemployed Bringing Financial Relief Real Fast
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