Debt consolidation mortgage information - 5 reasons to RefinanceDo you have high interest rate loans or credit cards? Is your mortgage rate higher than 8.5%? If you answered yes to either of those q...
Over the past several years, many fortunate homeowners experienced huge gains in equity as home prices skyrocketed. In less than five years (since the beginning of 2002), the median sales price of a h...
Many people have heard the term second mortgage used in reference to a loan on a home.What does the term "second mortgage" really mean? As far as real estate is concerned, a single piece of property c...
Imagine that you have $40,000 in cash to finally remodel your old kitchen into that beautiful chef style kitchen you have always wanted. One with granite counter tops, and beautiful stainless steel ap...
<p>If used properly, there may not be a more effective financial option a homeowner can exercise than to take a second mortgage on their property. More and more American consumers have become aw...
The fact that these loans are based on equity and that you are planning to improve the property that is guaranteeing them has several implications that need to be taken into account. Both the lender a...
While the principles of a home equity loan and a reverse mortgage are similar, there are differences in terms of eligibility and repayment. Both loans are used to improve a person's living situation b...
Over the years of originating home equity loans, I have formulated some key theories about what consumers want and benefit from with their second mortgages. My theories are based on feed back from my...
A number of companies frequently advertise that they can help you retire your mortgage in a lot less time. These services, which are referred to by several names, including "mortgage accelerator", ad...
Have you only recently purchased your home and just haven't built up any equity in it yet? Are you needing a loan to make some home improvements, but don't know where to turn? A 125% home equity loan ...