We are not in foreclosure but this bank has had trouble. I’m trying to understand our position should they demand full payment of the equity line.
Posts Tagged ‘home equity loans’
Can my home equity line lender force me to sell (or into foreclosure) if I own almost 70% of my home?
Friday, March 12th, 2010Can i get a home equity loan? And what is the process?
Wednesday, March 10th, 2010I heard that there are closing costs on home equity loans. Is this the case? Also i just bought my house in September and was told i dont have any equity in my house. Though houses of same model and square feet are selling for more.
Using 1 Home Equity to Pay for Another Home Equity?
Sunday, March 7th, 2010I currently own 2 properties; 1 is being rented and another one I live in. Both properties have equity of line of credit loans. I almost paid off the loan on the first one that is being rented; the APR on this one is fixed at 7.75%. The second property that I live in, I also have equity of line of credit at fixed rate 9.95% and the balance is 45K. My question is:
1) I almost paid off the first home equity, so should i pull out more equity from the frist one to pay for the second equity, since the APR on the first one is lower? I really want to refinance my mortgage on the second property that I live in, but cannot as the principle balance is more than the house is worth. I thought getting more money from first equity will help me pay down the second equity and save on money since the APR on the first equity is 7.75%.
2) Should I just close off the frist equity account as I pay if all off, and just try to pay the second equity as much as I can at 9.95% APR?
Whats my home equity default payoff effect on credit?
Sunday, February 28th, 2010Lost job (and american dream), home equity went into default, GMAC decided they would rather take 80% drop to close it out rather than readjust. What’s the credit impact?
Can they come after my house if my boyfriend forecloses on his?
Saturday, February 27th, 2010I bought my house by myself I paid cash for it so theirs no money owing on it & like a dummy I got back together with my boyfriend & put his name on my property. He bought a house from a friend & took out a home equity loan for 50,000. & the city has been sending him fines to fix up the house which we have been the fines have gotten up to 69,000 because we dont have the money to pay. My question is can they put a lien on my house if he forcloses on his.
If I have a loan that is partially secured and I am filing for bankruptcy do I file it on schedule D.?
Sunday, February 21st, 2010I had a personal loan that was refinanced and turned into a home equity loan. Our home was foreclosed and we current on the loan payments. We are filing for bankruptcy and I need to find out whether to list this under schedule D since it is partially secured or under schedule F since they don’t have any property to take from us.
What are my options for financing my house remodeling project?
Sunday, February 14th, 2010I guessing I need 10K – 15K to fix my house the way I would like to. How do I finance something like that? I’ve heard that rates are high on home equity loans, but maybe that’s the best way to go? Or just a simple loan from a bank? I really don’t know what options are out there and how they work. For example, if I do get a loan from a bank do they just put that money in my checking account and I write checks? If not, how do I access the money? What kind of information do I have to give them for a loan like that? Any advice you can give me is greatly appreciated.
Business Financing Question?
Friday, February 12th, 2010This is sort of a repost, but I had to clarify my last question. I plan on borrowing money and using personal savings for a new business loan, and when I do so I will have basicilly no personal asset asside from credit cards. How will I pay my personal expensese while starting the business, do I just create my own salary for myself every month? Also, I have incorporated my business so I do not expose myself to any personal risk, if this business folds will I be responsible for that debt personally? (Aside from personal loans I take out like Home Equity loans)
Related ‘home equity loans’ sites :
| CHASE Home Equity Loans and Lines of Credit: Home Equity Loan ... Chase loans let you take advantage of the equity in your home so you can build more. Make your biggest investment work for you. ... chase.com/ccp/index.jsp?... | |
| Home equity loan - Wikipedia, the free encyclopedia A home equity loan creates a lien against the borrower's house, and reduces actual home equity. ... Home equity loans come in two types, closed end and open end. ... en.wikipedia.org/wiki/ | |
| Home Equity Loan: Home Equity Line of Credit - Home Equity ... Whether you want to consolidate your debt or upgrade your home, a home equity loan or home equity line of credit can help you achieve your goals. Determine the best ... chase.com/ccp/index.jsp?... | |
| Home Equity Loan Rates, News and Advice from Bankrate.com Searching for home equity rates or advice? Bankrate.com offers timely news, opinion and advice on home equity loans and 2nd mortgages. www.bankrate.com/ | |
| Wells Fargo - Home Equity Loans & Lines of Credit Wells Fargo is one of the leading providers of home equity financing in the United States. www.wellsfargo.com/equity | |
| Citibank Home Equity Loan and Home Equity Line of Credit Looking for a home equity loan or a home equity line of credit? Get information about home loan products from Citibank at myhomequity.com www.myhomeequity.com/MHE/ | |
| Home Equity Resources This is a preview of Home Equity Loan after Bankruptcy - Should You Use a Prime or Subprime Lender?. Read the full post (541 words, estimated 2:10 mins reading time) ... homeequity-resources.com | |
| Home Mortgage Loans by ditech | Home Equity & Mortgage Lenders ditech offers home & mortgage loans. Estimate your mortgage payment with our home mortgage calculator. Apply for a home or mortgage loan at ditech. www.ditech.com/equity/ | |
| Home Equity Loans - Home Equity Loan Rates, Bad Credit Home ... Find Valuable Information for Home Equity Loans, Home Equity Loan Rates and Bad Credit Home Equity Loan. Compare Prices, Read Reviews and Ratings ... homeequity-loans.us | |
| A Home Equity Loan with a great interest rate - Quicken Loans Consolidate debt with a home equity cash-out refinance with Quicken Loans today. ... See how much cash you may be able to get with our Home Equity Mortgage Calculator. ... www.quickenloans.com/ | |