I owe nothing on the house,but I want to buy a another car instead and do some things around the house too. Can I use the money on a home equity loan for anything I want without restrictions? Thanks
Posts Tagged ‘econlog’
I want to borrow $50,000 dollars and I have very good credit. I own a house with 200,000 in equity.?
Friday, November 6th, 2009How can the Service Member's Relief Act reduce or stop my mortgage payments?
Wednesday, September 16th, 2009I’m currently active duty, and had a preexisting mortgage and home equity loan before joining. I recently got pcs orders to my duty station which is four hours away. So I can’t live in my home anymore. In addition I’ve had my home for sale for a year and a half, no luck. We have also had no luck renting the home. These problems are due mostly to Michigan’s failing economy. I won’t be able to afford paying for my home, and a home near my workplace. But my question is how can the Act help me so that I can keep my house, good credit, and bring my family to live near my duty station so we can live together? Any understanding of this Act is appreiciated.
For finance genuises, what is the difference between debt and equity finance, and what exactly is structured?
Friday, July 24th, 2009finance? Is it different. What is the diffrences between contsruction loans, mezzanine loans, mortgage loans and land loans? what are the same, what are different??????
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