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Advantages and Disadvantages of Home Equity Loans In life, we are always stuck with having to shoulder a lot of extra major expenses to renovate our homes, pay for college, or take care of medical bills. Where do we get the money? With all the credit card bills, tuition, and utility bills we have to […]

Home Equity Loan April 2010 Lender Spotlights By Home Equity Loans We have put together a list of Three more trustworthy lenders, banks and companies offering home equity loan offers and Home Equity line of Credit (HELOC) to consumers during this recession … or is it a depression our whatever the economy is in? Before […]

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.

Update your property before seeking an equity loan, By Home Equity Loans. Updating your property as much as you can do yourself or for free from freinds and relatives can sometimes puts you in a situation where your property value may increase slightly just from doing it yourself: fixing, painting, upgrades etc.

Using a Home Equity loan to cover college tuition and school expenses It is sometimes the last resort a parent will turn to when seeking the complete funds for the annual cost of going to college in 2010: home equity loans – Surprisingly, it turns out to be one of the better financial choices because

What is Equity? If you are familiar with the phrase home equity loan, but not quite sure what equity is, here is a brief explanation: In finance, equity is the   residual claim or interest of the most junior class of investors in an asset, after all liabilities are paid. Source: Wikipedia