Dec
25
if you have a home equity loan and want to re-finance with a line of credit?
Filed Under Personal Finance | 3 Comments
Pooks asked:
wouldn’t the home equity loan momthly payment still have to be made?
TOM
wouldn’t the home equity loan momthly payment still have to be made?
TOM
Dec
23
What is the difference between a Home Equity loan, Home Equity Line and a mortgage?
Filed Under Renting & Real Estate | 7 Comments
nikkimattei asked:
I am a first time home buyer and I want to be informed as possible.
FLETCHER
I am a first time home buyer and I want to be informed as possible.
FLETCHER
Dec
16
is there a place that offers home equity loans to people that have bad credit?
Filed Under Renting & Real Estate | 5 Comments
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
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
Dec
11
I have a home equity loan. In Texas, the 2 parties must agree on a fair market value. If not, is my loan null?
Filed Under Renting & Real Estate | 2 Comments
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
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
Dec
9
How do you know how much equity you have in your home?
Filed Under Renting & Real Estate | 5 Comments
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
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
Dec
8
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
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
Dec
4
Can I use profit from an investment sale to payoff a home equity loan to avoid capital gains tax?
Filed Under United States | 3 Comments
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
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
Dec
3
Is home equity mortgage interest deductible for home office expenses?
Filed Under Personal Finance | 2 Comments
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
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







