Archive for September, 2008
When getting a home equity loan does the bank or credit union do an appraisal on your property?
z400wood asked: When getting a home equity loan does the bank or credit union do an appraisal on your property?
what is the best fixed rate for home equity for 15 years for100k loan with excellent credit?
rajiv p asked: I have presently home equity loan 100k @ 7.49% as at present rates are better I want a fixed rate loan 15 yrs what best rates i can get for non document loan , I have 790 credit score what will be closing cost(if possible my monthly pament for 100k fixed) I [...]
Is a home equity loan a good idea? Or are they bad?
Shel asked: I understand the concept of equity but can the lender take your home if you fall behind on payments? Is there any real negatives to getting a home equity loan?
Is Wells Fargo Canada a good option?
Thanks.
Can a person get a home equity loan on a house while they are trying to purchase it if the appraisal allows ?
kerry f asked: I am wandering about purchasing a home which the apprasial is $110,000 but I can buy it for $60,000. I am wandering if I can borrow the 60K and and then get a home equity loan for 25K for improvements to the property?
How can you get a bank loan for a house when you don’t even have nearly as much for collateral?
God’sStrength asked: I was looking at a book about real estate investing and it says you can take a small amount of money (Example:$10,000.00 and have the bank give you a $70,000.00 loan added to your $10,000.00 and you can invest in real estate by buying your first home. Now, how in the world is [...]
My parents are taking out a home equity loan to lend me money to start a business, does anyone get taxed?
Felt B. asked: I’m looking to open a shop and my parents offered to lend me some money to help out. They are taking out a home equity loan to lend me about $35,000 to $55,000. I agreed to pay them back. Because they are taking out a loan do they have [...]
How can I get a business start up loan on bad credit?
Pat H asked: Im 20 years old. Tired of working 60 hrs a week for a company who couldnt care less about me. I want to be free of this, and start my own ethical business. I am a great computer technition. I want to open a computer repair shop, but [...]
Should I take a home equity loan to pay off the 17,000 in medical bills I have?
Trixie asked: I got these medical bills from a recent surgery and its causing a huge financial strain on me. I make enough to live comfortably, but not enough to live comfortably and pay this incredible amount of money every month. I am just wondering, since interest rates are so low right now, [...]