Posts Tagged ‘credit’
Home Equity Loan and Credit Insight, by Home Equity Loans Editor Borrowing against your house may be a good thing if you are looking to get some money to pay off a debt or pay for college BUT borrowing against your house in the form of a home equity loan mortgage means that you will […]
Home Equity Lines of Credit: The Good and the Bad ; By Home Equity Loans Editor When you get a home equity loan, there are two types that you can avail of: a home equity line of credit or a bulk home equity loan. The difference between the two is that the home equity loan […]
A Closed-End home equity loan is very much the same as a traditional mortgage in that monies are loaned to the borrower, who is in turn obligated to pay a monthly payment each month … very much like a 2nd mortgage.