Question by Kelly A: How does a spouse “buy out” of the marital home when you owe more than the house is worth (no equity)?
Husband & I refinanced our home 1.5 yrs ago to pay off his college loans & our joint credit card debt. We qualified for a “110% loan,” leaving us with no [...]
Posts Tagged ‘equity’
How does a spouse “buy out” of the marital home when you owe more than the house is worth (no equity)?
August 30th, 2010
ifydcat Home Equity
August 29th, 2010
ifydcat A home equity loan means borrowing money from a bank against the equity that you currently have in your home. The equity is the value of your home minus the amount of the mortgage that you have.
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What is the difference between a home equity line of credit & a personal line of credit?
August 29th, 2010
ifydcat Question by brandon cave: What is the difference between a home equity line of credit & a personal line of credit?
I mean both are similar, and can be used for the same reasons. What’s the difference, which ones are better to apply, which ones are you more likely to get approved of, and WHY are [...]
What is the difference between a HELOC and a Home Equity Loan?
August 27th, 2010
ifydcat Question by King Money 1985: What is the difference between a HELOC and a Home Equity Loan?
I know a HELOC is a “Home equity line of credit” but what is the difference between that and a “Home Equity Loan”?
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Answer by cafe_blue_noteHELOC stands for Home Equity Line Of Credit, It is a revolving line of [...]
COMPARE MORTGAGE RATE-REFINANCE-MORTGAGE LOANS-HOME EQUITY LOANS-HOME LOANS VISIT US NOW AND APPLY ONLINE NO FEES GUARANTEED APPROVAL
August 13th, 2010
ifydcat COMPARE MORTGAGE RATE-REFINANCE-MORTGAGE LOANS-HOME EQUITY LOANS-HOME LOANS VISIT US NOW AND APPLY ONLINE NO FEES GUARANTEED APPROVAL If you’re looking for a low payment and the security of a rate that won’t change for the life of your mortgage, the 30-year fixed is probably right for you….
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