-
Recent Posts
- If I’m buying another home in a different state can I refinance or use my homes equity to buy the other home?
- Q&A: Are interests from a loan to update a roof tax deductible?
- Q&A: “Can I have my mom, add my name to her deed, so I can get an equity loan to move her to Florida?
- What are our home loan options?
- Can they foreclose if I only default on my home equity loan, not my first or second mortgage?
-
Recent Comments
- usmaleinfl on If I’m buying another home in a different state can I refinance or use my homes equity to buy the other home?
- bizatch2000 on If I’m buying another home in a different state can I refinance or use my homes equity to buy the other home?
- 9 daughters on If I’m buying another home in a different state can I refinance or use my homes equity to buy the other home?
- STEVEN F on Q&A: Are interests from a loan to update a roof tax deductible?
- momzadork on Q&A: Are interests from a loan to update a roof tax deductible?
Archives
Blogroll
Contact
Tag Archives: home
Can they foreclose if I only default on my home equity loan, not my first or second mortgage?
Question by keithgle: Can they foreclose if I only default on my home equity loan, not my first or second mortgage?
I’m being forced to relocate for my job, and I’m trying to avoid foreclosure or a short sale- I’d like to try to keep current on as much of my debt as possible. My home is currently worth less than half of what I owe (in florida). I do not qualify for refinancing because ratio of the value of the house to loan value. The notes are held by Freddie Mac. I am hoping that they will write a portion off, with the understanding that I’m still paying on a value far higher than I could sell for. (Mortgages worth $ 17K, HELOC of $ 45K, current home resale value ~$ 110K. I just want to be able to rent it and keep my head above water. Help.
Q&A: i live in Florida, and am looking for a company who will give an equity loan on my mobile home and land.?
Question by cusmilinfla: i live in Florida, and am looking for a company who will give an equity loan on my mobile home and land.?
it has not been easy, but anyone who can help me plase do.. they are both paid off and worth $ 100,000..
Best answer:
Answer by Cathy V
Try this website. They’ll match you with several lenders in Florida each one with different pricing and options. You can then compare and choose the best: the one that saves you more money while offering a lower rate, lower fees and lower monthly payments.
what happens in a home equity default when the 1st mortgage is current?
Question by crisislooming: what happens in a home equity default when the 1st mortgage is current?
If I can not pay a home equity line of credit with one bank but I continue to pay the 1st mortgage what action does the home equity line of credit holder take? Both loans are up to date, but I will be unable to pay the HELOC much longer. I do not live in the property in question. It is vacant and with a realtor but it is in Florida and the value is dropping almost daily due to the crisis in the real estate market in florida. Should I let the banks forclose?
Instant Equity for Home Loan Remodeling
FOXBORO, MA (PRWEB) October 26, 2006
Easy Apps Mortgage, a mortgage broker based in Foxboro, MA, with offices in Florida, is working with selected wholesale lenders who are now offering homeowners instant equity in their home for remodeling projects. The announcement was made by company president Robert David.
When a home owner decides to remodel or add on to their existing home, many home owners look to acquire additional financing for their project. Most lenders will lend funds based on the current equity in the home. With properties values flatting, or in some cases, declining, it is difficult for many home owners to get the needed financing.
can we get a home equity loan?
Question by Asdlkfhjskldja Sdkfjhasdkjl: can we get a home equity loan?
ok so like we want a home equity loan and we want one off my grand fathers house he has been there for 17 years and has been paying 1100$ a month he owes like 230000$ or something but hes payed half of his house off we believe he lives in Massachusetts and we want the loan for about 3000$ will they give it to him?
also a while back there was anther mortgage taken out for a condo in florida for 1000$ a month so all together he is paying 2100$ a month for his house and the condo can he get a home equity loan on his home? \
Public Records Reading- Mortgages, Do home equity loans show or just reverse and second mortgages?
Question by itsjunglepat: Public Records Reading- Mortgages, Do home equity loans show or just reverse and second mortgages?
I read public records when doing RE research so I’m wondering. I guess that only second and reverse mortgages show. And why would someone choose a second mortgage vs home equity loan?
Are we saying that a home equity loan automatically shows as a lien?
Best answer:
Answer by viola f
all mortgages and liens against a property are available if you go to the court house and research the property. and usually people take second mortgages when they already have a first mortgage and a home equity loan is really a second mortgage .
TexasLending.com to Discuss Rising Home Loan Rates on KLIF AM Radio
Dallas, TX (PRWEB) July 08, 2011
Kevin Miller of TexasLending.com, a Texas home loan and mortgage company specializing in Texas refinance loans and Texas reverse mortgages, will be discussing the rising home loan rate environment on his weekend radio show. In Dallas/Fort Worth the show can be heard Saturday on AM 570 KLIF from 1:00 p.m. to 2:00 p.m.
?This week we will focus on the how to make sure you get your loan in before the current home loan rates rise as they are showing signs of being on the rise once again.? stated Kevin Miller.
Posted in Uncategorized
Tagged Discuss, home, KLIF, loan, Radio, rates+, Rising, TexasLending.com
Leave a comment
Q&A: is there a place that offers home equity loans to people that have bad credit?
Question by jmpoct03: is there a place that offers home equity loans to people that have bad credit?
my boyfriend and i own our home with no mortgage. we have around $ 76,000 of equity in our home but have bad credit. is there somewhere we can go for a loan that works with the better business bureau. i want to make sure its legit.
Best answer:
Answer by golferwhoworks
there are what are called hard money lenders all across the U.S. and the rates are high. but you may also depending on scores qualify FHA try that first
I am a mortgage banker in TN & KY