My Dog Rowdy asked:


I bought my home in March of 2003, my mother co-signed for me, but does not live with us or pay on the mortgage. I would like to look into either a refinance or home equity loan, with a goal of perhaps borrowing $12-15,000 to pay debts, etc. Is it possible to do this and still maintain the same interest rate and monthly payment? Where would be the best place to inquire about the process, my credit union where I handle the rest of my finances, the company that I have the mortgage with, or an outside company?
No, I did not commit fraud thank you very much. I simply mentioned it in my question in case it made a difference. I’m no expert but I’m sure if it were somehow not legal to have a co-signer that did not reside with you then I would never have gotten the loan in the first place!

Lee

sccuadv asked:

Roll in to Space Coast Credit Union for a fast, easy, low rate home equity loan. Apply online, call, or stop by one of our branches!

Patricia

mobgirl asked:


Here is my situation: We would like to put around $20,000 into our house. Should I refinance at a much lower interest rate for an extra 20 grand? Or should I keep our current mortgage as is and take out a home equity loan for $20,000. Currently we owe 70,000 on our home, have no other significant debt and our current interest rate is 7.150% with 25 years left to pay it. We have the option to refinance at 90,000 at an interest rate of 5.89% for a term of 20 years. Which makes the best sense?

Danny

Lukens1937 asked:

At Citadel we have easier ways to get money when you need it. With a Home Equity Loan or Line of Credit. Go to CitadelFCU.org/SmartLiving today for smarter ways to borrow money.

Heidi

jaytyaes asked:

Information about mortgages, mortgage rates, home refinancing, home equity loans and many other mortgage related topics.

Marvin

dlathanful asked:

Before deciding on home equity loans refinancing you should be clear about the purpose of refinancing. Are you looking from high interest rates or are you looking for a cash-out option?

Vincent

Pam S asked:


My home is 13 yrs old and I need more space. I want to add 2 bedrooms and 2 baths. I’m hearing it is cheaper to go out into the back yard with the addition rather than going up. I am pre-approved for a home equity loan but wondered if the 203K would allow for more money for the renovation.

Tanya

MortgageLoanOptions asked:

Nationwide Mortgage Loans is a premiere Home Equity Lender that specializes in cash out refinancing opportunities for all types of borrowers. Home equity loan options have changed dramatically in the last few years. Gone are the days of no equity 125% loans using statistical appraisals….

Betty

anonymous asked:


One of my house is going to be entering foreclosure. I have another house in my name with an outstanding home equity loan. If i let my house go full into foreclosure will be loan rate be raised?

Nathaniel

markmti asked:

Check out my new blog… mrmortgage.ml-implode.com S&P, BofA and Fitch all concur that the ‘Home Equity Implosion’ is knocking on, or kicking down rather, the front door.

Debra