Analogy4155 asked:

I’ve unlocked the door that leads to unlimited funds Yes you read that right, UNLIMITED funds. That might seem like a stretch, but it’s not. Let me explain with a unique analogy. Do you know how computers communicate? This may sound techie and boring, but I promise it will help you understand…

Janice

shannonwi14 asked:


We have about 1200 in cc debt, 10000 in personal debt, 10000 in car debt and we’d like to fix up our house needing about 10k. Should we wait on the house or should we consolidate the debt and improve the value of our home? We also want to have another baby which would add to our expenses…

Alma

Constructionlenderca asked:

www.lendinguniverse.com find top 10 home equity loans lenders on http contact Mortgage Lenders, private investors, hard money brokers and credit union who can potentially refinance while house is in foreclosure and arrange your loan fast. In addition to being directly connected to the…

Carlos

Casey asked:


The adjustable rate has been as low as 5%, the plan we have can have the loan paid off in 3.5 years. Would it be beneficial to change to a fixed rate at 6% now, because of closing costs and fees?

Alma

EDlbh asked:


I’m looking at being able to put a cash payment for 75% of a house. I really don’t want to go through all the expenses of a mortgage when I probably will be paying it off in 3 months. I was wondering if I could do a home equity loan on the property from the git go and avoid all the mortgage costs. Is this allowed? Any other suggestions?

Erin

elliott0730 asked:


Is it a good idea to take out either a home equity loan or a home equity line of credit to pay off high interrest credit cards/ and other debts?

Wanda

Joseph Schlitz asked:


I need to do some repairs on my home and I’m not sure what the advantages are to either a home equity line of credit or a home equity loan. Any advice?

Ricardo

khanacademy asked:

Simple example of borrowing from equity to fuel consumption

Stanley

eHow asked:

The most notable hidden cost associated with home equity loans is the origination fee, which is a point that the mortgage company will charge upfront against the value of the overall loan. Work with a company that has no origination fees withhelp from a registered financial consultant in this free video on money management and personal finance. Expert: Patrick Munro Contact: www.northstarnavigator.com Bio: Patrick Munro is a registered financial consultant (RFC) with outstanding sales volume of progressive financial products and solutions to the senior and boomer marketplace. Filmmaker: Reel Media LLC

Lawrence

ALISON S asked:


How would this work? I am planning to buy a house for $195,000 and then sticking about 40,000 into the house. In order to not have PMI I have to put down 20% which would be about 40,000. So once I put down 40K I won’t have money left over to do the upgrades to the house. So what would my options be? Could I take out a home equity loan? Or what options do I have? I will be selling my house (after I buy this new one) and will get about $25,000 out of the sale. I would like to have the upgrades being done while we are still in our old house since they are major (ripping out kitchens and bathrooms and refinishing all floors in house) so I can’t really use the $30,000 to pay for these upgrades since they will be completed before I get the money.

Raymond