Category Archives: Personal Finance

With the interest rate decline, is this a good or a bad time to get a home equity loan?

Posted on March 26, 2010 by admin

billsnickr asked: I want to pay off my car loans but I don’t know if the interest rate decline helped or hurt me in my attempt. I can handle the payments but I wanted to save more and put more … Continue reading →

Posted in Personal Finance | Tagged Bad Time, Car Loans, Decline, Equity Loans, Home Equity Loan, Interest Rate, Investments, Refi | 3 Comments

I am trying to modify my mortgage, Is it possible to apply for a modification on my Home Equity line as well?

Posted on March 22, 2010 by admin

subshopowner asked: I have a bout 100,000K in home equity that I used and make payments monthly, I am trying to get a modification on my home Mortgage, so at the same time do home equity loans get modification as … Continue reading →

Posted in Personal Finance | Tagged Bank America, Bank Loan, Bank Of America, Equity Loan, Home Equity Line, Home Equity Loans, Home Mortgage, Loan Provider | 5 Comments

Can I get a home equity loan?

Posted on March 22, 2010 by admin

Castello asked: Can I get a home equity loan if I have bad credit. Please help. I need to know what trusted companies I can contact for this type of loan. Thanks.KAREEM

Posted in Personal Finance | Tagged Bad Credit, Contact, Credit Help, Home Equity Loan | 5 Comments

i have a credit score of 540, is there somewhere i can go to get approved for a home equity loan?

Posted on February 3, 2010 by admin

jmpoct03 asked: i have owned my home with no mortgage for around two years now but have bad credit. is there anyplace that you would think approve me for a $20,000 home equity loan?ALFONSO

Posted in Personal Finance | Tagged Bad Credit, Credit Score, Home Equity Loan, Mortgage | 15 Comments

if you have a home equity loan and want to re-finance with a line of credit?

Posted on December 25, 2009 by admin

Pooks asked: wouldn’t the home equity loan momthly payment still have to be made?TOM

Posted in Personal Finance | Tagged Finance, Home Equity Loan, Loan Payment | 3 Comments

Is home equity mortgage interest deductible for home office expenses?

Posted on December 3, 2009 by admin

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 … Continue reading →

Posted in Personal Finance | Tagged Credit Cards, Deductible Expense, Home Equity Loan, Home Equity Mortgage, Home Office Deduction, Home Office Expenses, Loan Interest, Money, Mortgage Interest | 2 Comments

Home Equity Loan with Life Estate on the Deed?

Posted on November 16, 2009 by admin

Sunshine8803 asked: My parents recently signed the deed of their house over to me with a Life Estate clause added to it so that they will still have a place to live. The intentions were for me to get a … Continue reading →

Posted in Personal Finance | Tagged Beneficiaries, Home Equity Loan, Life Estate, Options, Parents | 1 Comment

a little info needed on home equity loans?

Posted on October 26, 2009 by admin

Chi Bears #1 asked: I am looking to get a home equity loan to help pay for my wedding in a few months, probably around $8,000. Is it a easy process? I have been in the same home for 2 … Continue reading →

Posted in Personal Finance | Tagged Home Equity Loan, Home Equity Loans, Personal Loan, T Pay | 2 Comments

Have you ever taken out a home equity loan, was it worth it?

Posted on September 29, 2009 by admin

AMBER M asked: We have around $30k equity in our home and we got ourselves in over our heads with credit cards, so we are making around $800 payments a month on credit cards, we inquired about a loan and … Continue reading →