Equity Home Loans

What to look for when shopping around for home equity loans? Any advice on what to look for when shopping around for home equity loans? Are there referral commissions? I have a couple of individuals looking for a home equity loan ... I told them I'd look into it for them. I'd like to find a quality vendor, but if referrals commissions are paid out, I'd like to negotiate for that too. How do I figure out what is a "great deal"? PS. I'll happily take general replies but this would be specific to Calgary, Alberta, Canada.

How tax deductible are charitable donations and home equity loans? When they say donations and home equity loans are tax deductible, what does this mean? Does a $1000 donation mean $1000 less federal income tax? Does $1000 paid in interest on a home equity loan mean $1000 less federal income tax?

More than one home equity loans at a time? I want to know if I can get more than one home equity loans at a time for a single house from different banks. Because I've applied for a home equity loan from a bank, but it seems to be not enough for me to do what I want to do with the money. So I thought I can apply for another equity loan from a different bank to double the amount. Is it possible?

Should I take out a Home Equity loan to pay off my private Student loans? I heard that taking out a Home Equity loans to pay off my private student loans is an option. They are several loans through Sallie May resulting in $79,000 including interest, but are not consolidated. What are your opinions?

Where can I find average annual interest rate data for Home Equity Loans? I am looking for data on the average annual interest rate of Home Equity Loans. From 1970-current would be ideal. Do you know where I can find this data. Thank you.

is there a place that offers home equity loans to people that have bad credit? my boyfriend and i own our home with no mortgage. we have around $76,000 of equity in our home but have bad credit. is there somewhere we can go for a loan that works with the better business bureau. i want to make sure its legit.

Public Records Reading- Mortgages, Do home equity loans show or just reverse and second mortgages? I read public records when doing RE research so I'm wondering. I guess that only second and reverse mortgages show. And why would someone choose a second mortgage vs home equity loan? Are we saying that a home equity loan automatically shows as a lien?

Refinancing vs Home equity Loans once you take the house of the market? Taking the house off the market we are not eligible to refinance because of the rules by the government How can we do a home equity loan and where can I find the current fixed rates? Thank you

Use student loans or obtain home equity line? My employer pays for my tuition, but I am still eligible to take out student loans. I am debating if I should continue to use student loan money to "fix-up" my house, or just take out a home equity line. I know if I take out a loans, and if I stay in school I can keep the loans deferred and just pay when I can, but a home equity loan would require immediate payments. Also, if I hit a rough patch I can request a forbearance request. Any thoughts??

Home equity loans what happens when my mom dies? My mother who is 85 got a equity loan on her home rather than a reverse mortage loan. I was told today that when she passes the total loan becomes due and payable? Basicly that we can't just keep making the payments. Is that true? She did this loan so the house could stay in the family rather than it being lost at the time of her death? Wat that the right choice any input would be appreciated.

What are the best sources of information on Prime equity home loans I am looking to refi my home mortgage and got a suggestion to check out home equity loan. Need help

Why is it that many loan companies wont provide home equity loans on property that are used for agriculture? One that comes to mind is quicken loans. Any information would be appriciated, thanks. The thing is, my home is included in my land that I use for cattle grazing.

Is it smart to use a home equity loan to pay off car loans, and a line of credit? My husband and I need to lower our monthly payments. We have no debt except a line of credit for $60,000 with the payment of $410 and two car loans both adding up to about $25,000 and the combined payment of $1050/mo. So, we are spending about $1400/month for these 3 things. If we got a loan for $110,000 and payed all these off, our payment at 6.6% would be around $700/month. Of course I would always pay more than that per month which would go to principle. Why isn't this a good thing to do? I realize that getting a new car would add to our payments once again. So, that would not be smart. Other than that, is this a smart thing to do? It seems like it is, but then why don't more people do this?

Are architect or permit fees considered part of "construction costs" for home equity loans? We plan to use a home equity loan to rebuild our studio, putting the loan money in a separate bank account and using that account solely for "construction costs" to ensure the interest remains tax-deductible. Question 1: We're paying an architect to design the building and we have to pay the city a permit fee to review and approve the design. Are these two fees considered part of the "construction costs" of a building so we can use the loan to pay these without worrying about the IRS coming after us? Question 2: Given this scenario, would it be wiser to use a Home Equity Line of Credit so we only borrow what we need when we need it? My concern (as always) is variable interest rates on the lines of credit, so I'd get a lower interest rate today, but it might be higher next year. Thanks! Joe

Are home equity loans a good way to consolidate debt? If not what is better? Instead of paying on 2 credit cards that are fairly high balances, should I pay them off with a equity loan and have one payment and keep my credit card balances zeroed out each month.....

What happens with Home equity loans and lines of credit if you file bankruptcy? Would these debts be "forgiven" also and if so, does this affect your house which was used to achieve the loan?

What happens with home equity loans or lines of credit if you file for bankruptcy? Would these debts be "forgiven" also and if so, does this affect your house which was used to achieve the loan?

what do I need to know about home equity loans when appling to makd good choice or should I get just a loan? cant decide if I want private loan home equity or 2 moragage dont know which way is best

What will happen to the mortgage and home equity loans if the mortgagee left the country for good? I have a friend who is very desperate because of all the debts, shortsale/foreclosure of his house, mounting credit card bills, etc, want to just leave the country for good to start anew. What would be the possible consequences of this? Will it clear all his debts, if he comes back to the US after 3 years would he be in trouble?

are equity loans better than getting a mortgage? if i could get a loan for the same amount bewtween a? mortgage and equity loan, does one have a better interest rate than the other overall? does an equity loan have an advantage or is it almost the same thing if i just got another mortgage?

What local Florida banks give the most generous home equity loans? and/or which have the best rates?

Are home equity loans tax deductible? My house is paid for, no mortgage, and I'm looking to buy a car via a nome equity loan. Is this tax deductible?

Are people ever denied HELOC or Home Equity Loans when they have a lot of equity in their home? Say someone wanted a 30K Home Equity Loan and they had 200K in equity in their home. Would they get the loan everytime regardless of credit score and other factors?

What is the Best Mortgage Calculator for Home Equity Loans and Home Refinancing? I am searching for the best mortgage calculators. Interest Only calculators and simple home mortgage calculators and loan calculators. I used the ones at http://www.1mortgagecalculator.net/index2.php and they seem pretty good. Just looking for comparisons.

where can I go to refinance two home equity loans into one? I am in the Albany N.Y. area. Credit is only average. Need a low (5%) interest rate and a fixed rate. Need all of this soon.

Home equity loans for people with poor credit? Hello - any info on this subject would be so appreciated. Trying to find a trusted lender that can help us with this. Thanks so much!

Is interest paid for home equity loans and used for investment property deductible?

Any tips to getting the lowest interest rates on home equity loans?

Tax deductible? Cash-out refi vs. HELOC vs. Equity loans? My wife and I are planning a major remodel which will start in around 2 1/2 months...we are having trouble finding info on the differences between cash-out refi vs. HELOC vs. Home equity loans vs. "typical refi" as far as what the differences are as far as how tax deductible they all are (interest paid, etc)...any info or links with info to help us out?

continued from previous question/home equity loans? The house I am planning on buying already has equity in it. If I plan to get a home equity loan to pay off all of my other bills besides the house payment, can I ask my lender who approved me for the home loan to give me a home equity loan at the same time? How do I do that? & wouldnt it look better to them anyway, because I am playing it smart and paying off all of my other debt with it in order to focus on paying the mortgage?

Who does home equity loans at more the 80% still? We have a house at 94900, and appraised at 125000 but it seems like every bank only loans at 80% of value now which is not much. Any ideas? thanks for the answers so far. Can I get a fha equity loan if my mortage is a conventional fixed not a fha? Thanks

Limit to Number of Home Equity Loans? I have been purchasing, fixing up, and renting homes in the past year. Since the market is so slow, I am able to quickly build up equity. What I do is take out Home equity loans on the houses and then roll them stright back into the purchase of the next house. I'm worried though that I may hit some limit to the number of loans I have outstanding. It would seem that my credit rating would increase since I'm also paying off credit card loans but am not sure about the bank balking at so much debt. What do you guys think?

How do home equity loans work?

Tips to getting the lowest interest rates on home equity loans?

Are there any secrets to getting low interest rates on home equity loans?

Good site to compare home equity loans rates? Is there one site where you can easily compare interest rates?

What is the best way to finance your kids college tuition payments? Loans, home equity?? Would it be better to use 401K loan, home equity, etc.

Does hope for home owners include home equity loans in their programs?

How can one apply for home equity loans ?

Home Equity Loans on Public Records standardly shown? Are they generally sent by lenders to be seen as liens on Public Record even if the loan is being paid back on time?

Does anyone have any experience with Capital One Home Equity loans? Were they fairly easy to work with? Where you satisfied with the turn around time and what they were able to do for you?

Is there a website listing the financial institutions that offer 125 percent equity loans?

what companies are offering the best non owner occuped equity loans right now?

Should I transfer credit card debt to my Home equity loans? If not? why not? Transferring credit card debt to a Home equity load, is this a good thing?

Who was the first american in Credit Union Mortgage Loans, Home Equity Loans ..?

Are there any banks that give home equity loans on Co-operative homes?

Home equity loans vs secondary mortgage? Can anyone explain the difference between a home equity loan vs a secondary/junior mortgage?

Will Carmax roll negative equity into their loans? I am upside down $4,000 on a Honda Accord I bought in Feb 06. The payments are too big to handle (I understand it was a mistake to buy it, but shoulda woulda coulda). I want to buy something much cheaper...I hear good things about Carmax. Do they roll negative equity into their loans, if so how much.

Why won't lenders give home equity loans to manufactured home owners?

What is advantage of Mortgage and Home Equity Loans? Is mortgage and Home equity loans are beneficial?

Paying Off College Loans With Home Equity? Has anyone ever paid off their college loans using the equity in their homes? I've been told that it's the best and fastest way to eliminate debt but I'd rather hear what others have to say.

How does a home equity loan work? I need to know all the details and if it is a good choice. I have payed off my vehicle and credit cards and have none, but I have alot of student loan debt. Our dilema are the student loans. And paying them. I have heard about home equity loans and heard about being tax deductible. How do they work? Do they look bad on your credit? How much can you borrow ? Does it add to the years to pay off your house? We only have eleven years left to pay as it is right now. Just wondering what is a good option. I even thought that after I graduate and am working that my pay checks can go all to my student loans. I am just looking for some good ideas without having to stress out about debt and bills and such. We are trying to pay our bills off and so far have done good. But those student loans are looming in the background.

Are there any loans in the internet that needs no charges and equity based and non-equity based collaterals? I want to expand my small business but it seems that there are many requirements especially non equity based collateral. Please help me or refer me to those who loan that dosen't need any of these.

Is the interest on $200k home equity loan used to buy a new primary residence deductible on Sch A.? We are planning to rent our existing home and pull $200k equity from that home to buy a new primary residence. I am not clear about the $100k deductible limit on the home-equity loans. Can I deduct it on Sch A or against the rental income and is the deductible equity loan capped at $100k. We file married jointly and our AGI is $160k.

Can you use a home equity loan for something other than a home? I need a loan & some people had suggested I look into this because of the lower interest rates, instead of using high interest (not to mention EVIL) credit cards. But it's not for a home & I don't have enough collateral for the amount I'd like to borrow. I have a great credit score over 700, but also have student loans & other credit card debt, which I am very good at paying at, & make enough to make the payments comfortably. If I can't get a home equity loan, what kind of loan can I get, & at what amount & rate should I expect? I've looked around online, but all the bank terminology does nothing but confuse me, so anyone who could explain this a little more "user friendly" would be helpful! It's not for home improvement. Actually, it's basically a business expense, but I'm not sure if a bank would consider this a business type of loan. Oh, & one *minor* detail... I don't own a home :(

can you refinance a home equity loan to lower the payments? My mother signed a home equity loan with my grandfather who has just passed, and I am trying to help her pay the bills but the payment on the house is too high. If she refinances could her payment go down? Are there any other options, or any kind of loans or help from anywhere? I am totally clueless this was very unexpected.

Home Equity Loans Interest Rates? Im wanting to finance a pool with a home equity loan. Does that loan effect my current interest rate on my mortgage, or are they seperate?

Are there any secrets to getting low interest rates on home equity loans?

Is there a website that has the current rates for fixed rate home equity loans? Preferably for banks in the NJ area

What is the term for a home equity loan? Are home equity loans 30-year loans, or do they have a shorter term?

Any good business loans out there with low credit score but good equity? My wife and I have lots of credit card debt that we got building our business this brings our credit scores down But we have lots of equity in our business property there is no mortgage on the business property or equipment. This totals about $200,000+ value, we would like a loan of about $50,000 value Seems like local lenders do not want to help because we are self employed and our credit score any ideas out there!

Should I get an home equity loan or should I save my money and pay with cash? I own a house that will be paid off next year. I want to do some remodeling in my house like a new kitchen, all new travertine floors, new doors and some other things. The total of my remodeling will be about $45,000 including all the labor and materials. My question is: Do I get a home equity loan for 7% to8% or do I save my extra cash and pay for the remodeling in full in about 2-3 years after I pay off my house? If I get a home equity loan for about 5 years, I will pay nearly $10,000 in interest alone. That’s a lot of money! Any ideas? P.S. I have no debt except my house loan. No credit cards, no cars, no school loans, no nothing!I have a credit score of 780 and I don't like to pay interest if I don't have to!

Are there restrictions on 125% home equity loans in Tennessee?

In Texas how do home equity loans work? My husband and I aren't understanding the same. We owe $88,000 and our home is worth $115,000. How much money could we borrow with a home equity loan?

With the interest rate decline, is this a good or a bad time to get a home equity loan? I want to pay off my car loans but I don't know if the interest rate decline helped or hurt me in my attempt. I can handle the payments but I wanted to save more and put more into investments. With the equity loan I can do that, but I don't want to do it if it is a bad time. Please tell me your thoughts. Jeff, good point, but you're forgetting that refi-s and equity loans are tax deductable.

short sale and 2 loans (1st and the home equity)? i got 2 homes and each got 2 loans (1st and the home line of equity). the townhome needs repair yet i can't really afford replacing the carpet. the other home is 1bed condo (luxury style with a gate) yet who wants a place like that nowadays... i'm to pass my grace period to ask 4 banks about 'short sale'. will home line of equity loan let me go with short sale? will they put my mortg. on 'hold' so i don't have to pay for how long? what if i can't have the property sold after how many months allowed? will i still owe the months i was on 'hold' to not pay awhile? any risk i should be aware...? real estate market is putting me in agony.....

what is the difference between home refinance loans,home equity loans and home equity lines of credit?

What is a home equity loan and what is the process to applying/being accepted for one? I paid roughly $90,000 for my home. It was a TLC home and I've fixed it up in the past 9 years dramatically. New roof, new walls, siding, porch, heating system, well etc. My home and property was valued at $275,000 last year. Does equity play a part in this. Am I eligable for an equity loan? I don't want to go into it without fully understanding what it is--I also don't want to go to my banker with stupid questions....Another thing. Im looking to build my own home--hence the loan inquisition.

Are Equity Loans the next round in the Mortgage Crisis? New York Times By VIKAS BAJAJ Little by little, millions of Americans surrendered equity in their homes in recent years. Lulled by good times, they borrowed — sometimes heavily — against the roofs over their heads. Now the bill is coming due. As the housing market spirals downward, home equity loans, which turn home sweet home into cash sweet cash, are becoming the next flash point in the mortgage crisis. Americans owe a staggering $1.1 trillion on home equity loans — and banks are increasingly worried they may not get some of that money back. To get it, many lenders are taking the extraordinary step of preventing some people from selling their homes or refinancing their mortgages unless they pay off all or part of their home equity loans first.

Want to combine 2 home equity loans - how to claim on taxes.? I am considering combining 2 home equity loans. At the moment I can claim the interest paid on 1 of the loans as it was for home renovation, but not the other, because it was better to take the standard deduction under personal expenses. I rent my house out, and need to know if I will still be able to claim interest for my taxes on the $ used for original home renovation. We are in the military and stationed in Japan. We rent our house out in FL. I took out a home equity loan when we first moved into our FL house, and because it was for renovations, I am able to claim this under the rental expenses. The 2nd home equity loan was taken out to consolidate debt, as it is easier to make one payment while in Japan. We have equity in our house still. I want to consolidate is because we are going to be stationed in VA, and as we don't want to sell our FL house and don't want to rent we are going to try and buy a 2nd house. If I consolidate these 2 loans it frees up $400 for 2nd mortgage.

Home-Equity Loans - losses? If banks give out a loan based on the value of the property, and the value declines, how are the banks taking losses? The money has already been lent no matter what the value of the house is, so why are people defaulting on home-equity loans?

Combining 2 home equity loans - how to claim on taxes.? I am considering combining 2 home equity loans. At the moment I can claim the interest paid on 1 of the loans as it was for home renovation, but not the other. I rent my house out, and need to know if I will still be able to claim interest for my taxes on the $ used for original home renovation. We are in the military and stationed in Japan. We rent our house out in FL. I took out a home equity loan when we first moved into our FL house, and because it was for renovations, I am able to claim this under the rental expenses. The 2nd home equity loan was taken out to consolidate debt, as it is easier to make one payment while in Japan. We have equity in our house still. The reason I want to consolidate is because we are going to be stationed in Virginia, and as we do not want to sell our FL house and do not like throwing money away for rent we are going to try and buy a 2nd house. If I consolidate these 2 loans it would free up an extra $400 a month to qualify for another mortgage.

Lots of questions about home equity loans & lines of credit. (please read description)? Here's some background: I owe 59,500 on my house that is worth approx. 75,000. I want to put in a new heating system this spring/summer that will cost $8,000, give or take. Thinking about going the route of home equity loan or HELOC. My credit score is 730 (as of a year ago) and my husbands is at least 750. The questions I have are: Will I be able to get a HELOC or loan with the amount of equity I have? Which is better? What is an average interest rate with the credit scores listed above (doesn't have to be exact-I will shop around). Basically, just give me as much info about these loans as possible. Thanks! One more thing, would I be better off to refinance my mortgage? I've only been paying on it for 3 years. Of course I'll meet with people about this when I am ready to. YA is for fun and to find out what others out there think about these things. Please, give me your opinions and help me to learn a little about this BEFORE I meet with mortgage people.

Home equity loans...? How do home equity loans work? I need to know EVERYTHING about them.... Can you suggest any legitimate websites?

Question for bankers with knowledge of home equity loans? I had an allodial title to my home, which was passed down. I signed a contract with a bank for a Home equity loan. As a condition of the loan the Bank agreed with me that I Did not agree to tax deductions in the Home equity loan; they would not deduct a property tax, no agreement to take it out the mortgage payment; (3) I Don’t have to pay taxes in mortgage payment agreeing I would pay property taxes due to a separate arrangement with Township Tax Office if payments are due. I became surety still under the Home equity loan. The Bank forecloses on the property or Home equity loan for failure to receive payment. The Bank didn’t receive payment because they refused it. Was the bank refusal not breach of contract? There was non-payment of monthly obligations on the loan because they refuse to receive payment because of failure to pay property taxes. The Bank forecloses because Township stated I owed property tax. When I was continuing not to pay property taxes after a while the Bank foreclose on the payment. How did failure to pay property taxes breach contract my contract with the bank? Tax bills are sent out by Township Tax Office, which I refuse to honor. I didn’t have a Mortgage Loan rather Home equity loan. United Jersey Bank breached the contract when they did not receive any payment thus the contract was void. The tax issue was separate. Under New Jersey Statute it is the property owner's responsibility to make sure that the property taxes are paid when due, even though the owner may not have received the tax bill. A bill is not necessary to make a payment. There was no court decision that as the person who inherited the home property taxes were due. Under New Jersey Statute it is the property owner's responsibility to make sure that the property taxes are paid when due. Yet how do I owe property taxes? The property was taking for non-payment of Federal Reserve notes.

Question for bankers with knowledge of home equity loans? I had an allodial title to my home, which was passed down. I signed a contract with a bank for a Home equity loan. As a condition of the loan the Bank agreed with me that I Did not agree to tax deductions in the Home equity loan; they would not deduct a property tax, no agreement to take it out the mortgage payment; (3) I Don’t have to pay taxes in mortgage payment agreeing I would pay property taxes due to a separate arrangement with Township Tax Office if payments are due. I became surety still under the Home equity loan. The Bank forecloses on the property or Home equity loan for failure to receive payment. The Bank didn’t receive payment because they refused it. Was the bank refusal not breach of contract? There was non-payment of monthly obligations on the loan because they refuse to receive payment because of failure to pay property taxes. The Bank forecloses because Township stated I owed property tax. When I was continuing not to pay property taxes after a while the Bank foreclose on the payment. How did failure to pay property taxes breach contract my contract with the bank? Tax bills are sent out by Township Tax Office, which I refuse to honor. I didn’t have a Mortgage Loan rather Home equity loan. United Jersey Bank breached the contract when they did not receive any payment thus the contract was void. The tax issue was separate. Under New Jersey Statute it is the property owner's responsibility to make sure that the property taxes are paid when due, even though the owner may not have received the tax bill. A bill is not necessary to make a payment. There was no court decision that as the person who inherited the home property taxes were due. Under New Jersey Statute it is the property owner's responsibility to make sure that the property taxes are paid when due. Yet how do I owe property taxes? The property was taking for non-payment of Federal Reserve notes.

home equity loans? I have been approved for a home loan. I found a house that they are asking $249,000 for and I just made an offer of $200,000 hoping I can get a steal because of the way the market is down and continuing to go down. The house is currently worth $398,000 according to the appraisal. I'm pretty sure the bank is going to let it go to me for my offer, so that would mean the minute the doc's are signed, I just got a house with $198,000 in equity in it. I plan to pay off both my cars and some credit cards using a home equity loan or line of credit, so that I only have the house payment to pay. How soon after I buy the house, can I be approved for one of these and what does it take to get qualified,. i.e credit score, equity, etc.

Home Equity Loans? Which company would be the best to go w/ for a home equity loan? My credit is bad :( I want to get a home loan, fix up the house, and pay off my little bit of debts i have. I know with my credit being not so great i'd get about a 9% rate (most likely) Im only looking to borrow $35-40,000

home equity loans? have been approved for a home loan. I found a house that they are asking $249,000 for and I just made an offer of $200,000 hoping I can get a steal because of the way the market is down and continuing to go down. The house is currently worth $398,000 according to the appraisal. I'm pretty sure the bank is going to let it go to me for my offer, so that would mean the minute the doc's are signed, I just got a house with $198,000 in equity in it. I plan to pay off both my cars and some credit cards using a home equity loan or line of credit, so that I only have the house payment to pay. How soon after I buy the house, can I be approved for one of these and what does it take to get qualified,. i.e credit score, equity, etc. 1 second ago - 3 days left to answer. Report It

home equity loans without equity? Is it possible to get a home quity loan without having equity?

home equity loans? Can I get a home equity loan, if I have a bankruptcy, but there is about $100,000 in equity in the home.

Cash on Equity Loans? When someone says they have cash for your home equity loan, what does this mean? Does it mean they will give u the cash for the downpayment of the home (as a loan) or what??? I'm having trouble comprehending....

home equity loans? I just bought my house about 6 months ago and I was wondering how long do you have to wait till you are able to take out a home equity loan?

home equity loans/ lines of credit? If I plan to sell my house within the next 1-2 years is it a bad idea to take out a home equity loan or line of credit?

Are home equity loans tax deductible? My husband and I took out a home equity loan last year. Is the interest tax deductible?

Experience with Home Equity Loans and Banks...? Hello, I'm looking at various banks to take out a home equity loan (in Connecticut). I was wondering if anyone has suggestions as to what banks, national or local, offer the lowest rate and the best service. I'd appreciate as much detail as you could share. Thank you!

a little info needed on home equity loans? I am looking to get a home equity loan to help pay for my wedding in a few months, probably around $8,000. Is it a easy process? I have been in the same home for 2 years now and I have great credit. yeah, thats sort of what I was thinking. I didn't pay anything down at closing so I might be better off getting a Line of Credit of a Personal Loan yeah, thats sort of what I was thinking. I didn't pay anything down at closing so I might be better off getting a Line of Credit of a Personal Loan

Home equity loans used as investment? We are little naive about finance...duh...we have about 300k in equity in our home and wondered when you release that equity to say buy a holiday/investment property...are you essentially upping your mortgage by that amount?so you actually are paying double maybe triple the repayments....pls explain

Home Equity Loans? My husband and I own our home. We purchased it over 6 years ago. (It was a repossesion) Got a great deal. Even in the slow market we probably have $100,000 in equity. The draw back with the repossesion is it needs some TLC. We need new windows and siding. These items are big ticket items. Probably about 25,000 together. Our current interest rate on the mortgage is 6.25%. Should we get a second mortgage, a heloc or a line of credit to tap into this equity? We both work and have decent credit.

how does equity loans works? someone told me i have at least 50,000$ on equity what does it mean

Fixed Rate Home Equity Loans online? Wheres a good place to get fixed interest rate home loans online?

Questions about Refinancing or home equity loans? So, I have read some really negative about refinancing... My husband and I can pay our mortgage we just want to roll our credit cards into one low payment. We ended rolling some our credits cards into one low interest cc last year but not all of them. We are not sure what to really do.. is a home equity better? or do we refinance? does this hurt our credit scores? whats the negative and positive sides? We don't have more than 10k worth of cc debit, we are just sick of paying different interest rates and want to try to save a little $$$. I would love to hear your opinions and suggestions. :) thanks! i forgot to add we have an 80/20 mortgage

Question on home ownership and home equity loans...? I recently bought my Grandmother's house off of her and it is owned by me free and clear (no mortgage). I wanted to borrow against this, however my credit rating is not very good. Can anyone tell me what I can do to borrow against the equity of the house? Thanks in advance.

How do "Refinance" companies make profit on equity "interest only" loans? Last year, I was compelled to agree to an interest only equity home loan. I paid cash for my home 2 years prior, and owned the home without mortgage of any type. Now, I am paying off an "interest only" loan payment for 30 or more years, with out even touching any of the principle. I have been getting dozens of calls from "RE-FI" who are dying to jump on board, but for the life of me, can't see where they make the money on such a poor loan structure. I have no income but a small investment dividend, coming to an end and lots of equity in property, both personal and real. ReFi companies offer me lower monthly payments and other services to get me on board. Are they just happy to take on the interest only account? Or, is there something else I don't know about.

Home Equity Loans - Home Equity Credit Lines? What's the better choice? Thinking of getting a relatively small loan for renovations.

Equity And Equity Loans, Is There A Difference? PLEASE HELP? or are they the same.

Best Home Equity Loans? Other than banks, where is the best to go for a home loan?

debt consolidation loans,home equity loans? me and my wife just bought a house 7 months ago and when we moved in we did not realize how much we needed to get the house adequete with furniture etc. so now we have ran up quite a few credit cards and have a 4000 furniture bill that we are barely getting by paying .so vcan someone tell me how debt consolidation works, and if it will mess your credit up. our house appraised at 92500,while we owe 86000 on it so any advice u give would help . thanks

Chapter and home equity loans? If you have a 1st for 188k and a second for 137k, but the home is valued currently at 220k, can the 2nd be partialy changed to unsecured debt as part of the repayment plan?

How do you pull equity out of your home with taking a how equity loan out? First of all how do you build equity in a home? How do you report the equity to your lender? And lastly how to you pull the equity that you’ve built up out of the home with out taking a home equity loan out? Thank you in advance for any help that you can give me.

Can you have a home equity loan and a home equity line of credit? My husband and I have two mortgages (an 80% and a 10%). Our banker uses the term for the "second mortgage" interchangeably with a "home equity loan". Is it possible for us to take out a home equity line of credit at the same time we are paying the second mortgage?

What is the difference between a mortgage and a home equity loan? I own a home that is paid off but would like to take out a loan to fund some home improvements as well as help my parents pay off their home equity loan. Given this scenario can I take out a mortgage since mortgage rates are lower or am I limited to a home equity loan. I'm not interested in HELOC's.

What is better, home equity loan or line of credit on home I own outright? I just finished building my house and I have no mortgage or anything as I had enough cash to buy the land and build outright. But, I have no money left to landscape and have some medical bills I would like to pay off. Can I get a home equity loan or line of credit on my house? Which is better?