Pooks asked:


wouldn’t the home equity loan momthly payment still have to be made?

TOM

nikkimattei asked:


I am a first time home buyer and I want to be informed as possible.

FLETCHER

jmpoct03 asked:


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.

ELVIN

brittmooreboy asked:


I have a home equity loan, which is going into forclosure. I started looking at the original loan papers and the Texas Constitution’s articles about mortgages, trust deeds, leins, ect. In the constitution, it says that both parties (lender and borrower) must agree with a fair market value of the homestead. I found the fair market statement and I was the only party to sign it. Would that make my loan null?

MATHEW

heh2203 asked:


We’ve owned a home for a year now and recieved a flyer from our bank about applying for a home equity loan. we want to apply so that we can possibly do a little debt consolidation (just a few thousand in student loans and credit cards) but how do you determine if/how much equity you have?

JOSHUA

dani6121981 asked:


I applied for a home equity loan but was denied because of debt to income ratio. I reapplied with a co borrower and this doubled the income. My credit score is 720 and the co borrower’s is only 600. We both have good employment history. My question is: Will they use my credit score or my co borrowers? Does it matter who makes more money?

BURT

mrjoe4jrh asked:


I recently sold an investment property with some profit and if I use this money to payoff an home equity line on my primary residence, will I have to pay taxes on it?

BRIAN

mimi31211 asked:


The money was used to pay off credit cards. I am still paying on the home equity loan. If I do a home office deduction, which I qualify for in every way, can I use the home equity loan interest as a deductible expense?

KELVIN