What happens to Wachington Mutual home equity credit lines? Do they stay open? Can I still draw on it.
I am wanting to buy my first home and the home i found needs work. I want to take a home equity loan out to make the repairs but i dont know what kind of time frame i will be looking at to get one. Any advice would be much appreciated.
Just wondering if anyone had any information about being able to refinance a home equity loan to receive a lower rate and if so, how to go about doing that.
I am filing for bankruptcy and have negative equity in my home.
Nov
23
Filed Under (Home Equity) by Administrator
I need to know all the details and if it is a good choice. I have payed off my vehicle and credit cards and have none, but I have alot of student loan debt. Our dilema are the student loans. And paying them. I have heard about home equity loans and heard about being tax deductible. How do they work? Do they look bad on your credit? How much can you borrow ? Does it add to the years to pay off your house? We only have eleven years left to pay as it is right now. Just wondering what is a good option. I even thought that after I graduate and am working that my pay checks can go all to my student loans. I am just looking for some good ideas without having to stress out about debt and bills and such. We are trying to pay our bills off and so far have done good. But those student loans are looming in the background.
I have presently home equity loan 100k @ 7.49% as at present rates are better I want a fixed rate loan 15 yrs what best rates i can get for non document loan , I have 790 credit score what will be closing cost(if possible my monthly pament for 100k fixed) I live in new york state. Thank you.
I just finished building my house and I have no mortgage or anything as I had enough cash to buy the land and build outright. But, I have no money left to landscape and have some medical bills I would like to pay off. Can I get a home equity loan or line of credit on my house? Which is better?
I own a home that is paid off but would like to take out a loan to fund some home improvements as well as help my parents pay off their home equity loan. Given this scenario can I take out a mortgage since mortgage rates are lower or am I limited to a home equity loan. I’m not interested in HELOC’s.
I know a HELOC is a “Home equity line of credit” but what is the difference between that and a “Home Equity Loan”?
My sister in law just filed bankruptcy and decided to let the bank take her home so she can start over. But now she and her husband found a house for 60k and is asking her brother (my husband) if she can borrow money from our equity that we have on our house which is basically all of the equity that we have, so she can purchase this home. My husband is thinking of lending it to her but I think it is a bad idea. What should we do?