Monthly Archives: October 2008

Should you normally have to pay closing cost on a home equity loan?

Anonymous asked: I’m trying to get a home equity loan and I’m worried about there being closing costs. I got apporved for one so far but they are asking for 10% closing costs. I know my credit is a little … Continue reading

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Have 13K in bank. Should I pay off my car loan(5.5%) or pay down Home Equity loan (8%)?

amsguy asked: I have 50K Home Equity balance. so it will reduce 37K balance if I pay on Home Equity. But I believe I can get tax deduction on interest I pay on Equity. so what should I do?Caffeinated Content

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What kind of home loans can I get?

just a quiet person asked: What kind of home loans can I get? My FICO is around 730 at all the credit bureaus. I live in Los Angeles and want to buy a condo in the Hollywood Hills in the … Continue reading

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What is the current interest rate for home loans?

PJ asked: Can people even get home loans right now? What is the current rate? Where do you find such information?Website content

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Are education loans effected by our economy problems as well as home loans and car loans?

sassy sista asked: I go to school online and I use education loans to pay for my education for the most part. Reporters talk about home forclosures due to loans and vehicle reposessions all the time, but I do not … Continue reading

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Home equity – based on tax value or market value?

funkybutt_1 asked: Is the amount of equity in your home calculated based on the tax appraisal or the fair market value of the home? The tax value is always lower than what you could actually GET for your house, so … Continue reading

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