I am thinking of getting a home equity loan to pay off our credit card debt. We own our home free and clear. Will there be any taxes on this…I am not a very financial person so any advice would be great!!
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Do You Have To Pay Any Sort Of Tax On A Home Equity Loan?
Saturday, June 27th, 2009Do You *have* To Wait 6 Months Before Taking Out A Home Equity Loan?
Friday, June 26th, 2009My husband and I are in escrow for a house. We would like to remodel the kitchen with a home equity loan (we are buying the house for well under the market value). Is there any way to take out a loan on part of the equity before 6 months?
Do You Need To Have More Than 20% Home Equity To Borrow Against For A Home Equity Loan?
Thursday, June 25th, 2009A friend just asked me to borrow money to pay her mortgage this month- she plans to take out a home equity loan to pay me back. She has only owned her house for two years, and I assume she would have only put 20% down. Will the bank allow her to borrow against that 20% or would it only be any appreciation in excess.
I’m Looking To Refinance My Mortgage, I Have 96 Months Left To Pay On My Existing One And I Have A Home Equity
Wednesday, June 24th, 2009line of credit.Im wondering if I should just refinance the mortgage only? the mortgage and home equity together?I have an 8.25 interest rate on the first mortgage,7.20 on the equity, I was looking into an enhanced refinancing option.Also i took the equity to fix/remodel some of the house,if i add that to the refinancing I havent the money to use to do the much needed repairs,,,any help
Is It Better To Refinance A Mortgage For A Tax Deduction Or Continue With My 15 Year Mortgage?
Wednesday, June 24th, 2009I have 10 1/2 years left on a 15. Single, retired and no dependents.Pension(60,000) Does it make sense to refinance?
Is It Advisable To Use Home Equity Loan As Your Savings?
Monday, June 22nd, 2009So, if i want to get a home equity loan and place it on a high yield savings cd account? Is this feasible?
Costs/negatives To Transfer House Deed From My Business To Personal Ownership To Get Home Equity Loan?
Monday, June 22nd, 2009My business owns a home; and I want to transfer that home to myslef, in my own name. The home is paid-off. This will allow me to take out a home-equity loan. Are there costs/tax rammifications? Is there a negative I cannot currently detect? Thank you so much.
Is It Possible To Refinance A 2nd Mortgage, And Not Touch The 1st?
Sunday, June 21st, 2009I have a great fixed rate on my first mortgage 4 3/4%, however I am paying about 11% on my second. Are there any companies out there that will refinance only the 2nd? And how does equity come into play with this, the CA housing market is not that great! Not looking for cash out, just a lower monthly payment. If anyone knows a company that might work with us, please let me know. Thanks,
Is It Better To Us A Consoladation Company Or To Use A Home Equity Loan To Pay Off Debt?
Friday, June 19th, 2009I am in a little over $45,000 credit card debt. I am trying to figure out if it would be better for me to use a consolidation company or to get a home equity loan.
Is It Easy To Refinance My Mortgage With Bank Of America?
Thursday, June 18th, 2009I currently have a 30 year fixed mortgage that I obtained one year ago at 6.00%. I was looking today’s rate and a 15 year fixed mortgage is 4.875%. Do you know how easy or hard is to refinance through Bank of America? Average closing costs to refinance? Thank you