Home Equity Loans

Guide to Getting a Second Mortgage in 2017

Home owners who meet the lending criteria may be able to get a second mortgage loan if they qualify. You may have heard radio advertisements recently bragging about how low second mortgage rates are today for home equity lines of credit and fixed cash out 2nd mortgages. Getting a second mortgage can help you to access… Read More »

5 Ways to Secure the Best Home Equity Loan Rates Online

As you may have heard on the radio recently, home equity loan rates remain at some of the lowest levels in decades. One of the best aspects of home ownership is that you grow equity in the property over time. If you choose, you can pull out some of that cash with a fixed or… Read More »

Guide to Swimming Pool Financing

Many people don’t realize that they can finance a swimming pool with a home equity loan. While it will always be cheaper to pay cash for your new pool, there are a number of swimming pool financing options to consider. One way to save money on taking vacations is to have a vacation right in… Read More »

How to Find the Best Second Mortgage Lenders Online

Not all banks and loan shops offer 2nd mortgages, so we suggest finding second mortgage lenders that specialize in this unique niche market of subordinate financing. So unless you have a lot of equity and an amazingly high credit score, the chances are pretty slim that you can walk into your local bank and take out… Read More »

Top 4 Home Improvement Loans for Remodeling, Rehab and More

Many Americans want to remodel their homes but lack the cash in the bank to pay for the remodeling projects so home improvement loans have become popular solutions. So what to do? Well, the credit markets are loosening up quite a bit in the last few years, so you may have more options to finance… Read More »

HELOC vs. Home Equity Loan

Do you need cash and own your home? Do you have equity? If so, you may have the solution to your problems right in front of you! Homeowners needing cash may be able to leverage their property with a home equity or HELOC loan and use it for how they see fit. Equity is defined as… Read More »

Best Uses for a Home Equity Mortgage and Credit Line in 2017

When you sell your home, if you have made money on the property, you can enjoy a large financial windfall. But until you sell your home, your equity is locked up in the property. That is, unless you decide to get a home equity loan or home equity credit line (HELOC) and tap that equity.… Read More »

6 Tips to Solar Loans and Energy Efficient FHA Mortgages

In the old days, you usually had to buy the panels with cash, or lease the solar panels. The lease let you rent the panels and to send any unused energy from the panels back to the utility company. Then you could get a credit on your energy bill which would lower your energy costs.… Read More »

Construction Loans versus Home Equity Lines of Credit

Homeowners often want to make many improvements to their home. It is after all where they live and spend most of their time. Homeowners also want to renovate their home to add value to it before they put it on the market and a construction loan and a home equity credit line are two popular… Read More »

3 Ways a Second Mortgage Creates Opportunities for Homeowners

Taking out a second mortgage can be a very useful tool to increase your wealth if it is managed properly. There are many reasons that homeowners take out second mortgages, and many of them can be good ideas in the right circumstances. Like any loan that uses your home as collateral, there are risks involved,… Read More »

4 Reasons Why Home Equity Loan Programs Heat Up with Trump

Donald Trump was elected the next president of the United States, and some financial experts believe that the President-elect could be good for the housing and mortgage industry. One of the areas of real estate that could see more activity is in home equity loans. A home equity loan is a form of second mortgage… Read More »

5 Things to Like About HELOCs

If you have owned a home for a few or a lot of years, you probably have a considerable amount of equity in your property. Equity is the difference between the value of your home and the amount that you owe your lender. One of the popular things that many homeowners like to do is… Read More »

7 Ways a Home Equity Loan Works for People Seeking Extra Money

If you are like many American homeowners, you may have a need for extra money in your life – to pay for a college education, healthcare bills, home renovations or something else. One of the benefits of being a homeowner is that at some point, you probably will have substantial equity in your home that… Read More »