Tuesday, May 23, 2006

Home Equity Loan

The following resources provide home equity loans. A home equity loan is a loan you can get against the equity that you have paid on your house. The longer you have been paying on your house, the more home equity you have. A home equity loan means you are borrowing money against the money you already have and it's like a guaranteed loan and easy to get. A home equity loan can also be called a second mortgage whereby you have two loans. One against the home equity plus your original mortgage.

home equity loan - a loan that is guaranteed by your home. There are two types of home equity loans: the standard home equity loan and a home equity line of credit. In a standard home equity loan, a specified amount of money is loaned in a lump sum for a specified period of time. A standard home equity loan is also called a term loan, a closed-end loan or a second mortgage installment loan.

home equity  – The difference between what your property is worth and how much you currently owe on your mortgage.

home equity line of credit  – The part of a home's value that the mortgage borrower owns outright; the difference between the fair market value of the home and the principal balances of all mortgage loans. Home equity line of credit. A home equity line of credit is an open-ended loan, paid as revolving debt, that is backed by the portion of the home's value that the borrower owns outright. Interest paid on a home equity line of credit is usually deductible.

Home Equity Loan Resources

Home Equity Loan Rates – Mortgage Loan offers mortgage quotes from mortgage lenders for home loans, including new home mortgage, home equity, refinance and debt consolidation.

Mortgage Refinance Group- My favorite to recommend for any kind of loan. A cool site that offers a number of different programs and unmatched customer care!

Bad credit? No problem. Refinance today and save. Get multiple offers. Get Lower rates. Get started today. 

Arnold Cortez
http://www.AdvancedBusinessCapital.com
Ph: 512-497-6204
Fax: 866-651-7782
acortez@advancedbusinesscapital.com

 useful links:

refinance - http://www.mortgagerefinancinggroup.com/
working capital - http://www.cashflowspecialistsinc.com

prevent foreclosure -

http://www.preforeclosuresa.com/jptufo
http://www.savemyhome.tv/jptufo
http://www.FreedomForeclosure.com/jptufo
http://www.10kPerMonth.com/jptufo
http://www.ar850.com/3168
 

0 Comments:

Post a Comment

<< Home