How You Refinance Matters » Home Equity Loan

Cash Out Mortgage Refinancing Pros and Cons

Robert Regehr — Wed, 30 Apr 2008 22:48:39 +0000

Are you a homeowner in need of cash and are considering taking out equity in your home? Borrowing against your home’s equity is a way to consolidate bills, pay medical or educational expenses, or make home repairs. Understanding the different types of home equity loans will help you avoid paying too much for the financing; [...]

Cash Out Mortgage Refinancing Pros and Cons is a post from Robert Regehr's Mortgage Refinancing Blog.

How to Save on Home Appraisal Fees

Robert Regehr — Fri, 16 Feb 2007 22:52:31 +0000

When refinancing your mortgage or borrowing against the equity in your home, the lender may require a recent home appraisal before approving your loan. Full blown appraisals typically run in the neighborhood of $300; however, there are ways to save money on your appraisal. There are four varieties of appraisals you should be aware of. [...]

How to Save on Home Appraisal Fees is a post from Robert Regehr's Mortgage Refinancing Blog.

What Is Cash Out Mortgage Refinancing

Robert Regehr — Mon, 12 Feb 2007 18:00:24 +0000

Cash out mortgages are no different than conventional loans except that you walk way from closing with a check in hand. The money you borrow comes from your home equity and is added to the outstanding balance of your loan. Suppose for example you refinance your 8.5% mortgage on a $175,000 balance to a new [...]

What Is Cash Out Mortgage Refinancing is a post from Robert Regehr's Mortgage Refinancing Blog.

Bad Credit Home Equity Loans

Robert Regehr — Fri, 13 Oct 2006 00:54:54 +0000

Qualifying for a home equity loan with bad credit is not as difficult as you think. Many homeowners with poor credit think their credit will prevent them from qualifying for a loan. This is simply not true, especially when it comes to home equity loans. Home equity loans are secured by your home just like [...]

Bad Credit Home Equity Loans is a post from Robert Regehr's Mortgage Refinancing Blog.

Second Mortgage Loan: The Basics of Home Equity Loans

Robert Regehr — Thu, 31 Aug 2006 01:04:33 +0000

If you are considering tapping your home equity for any reason, there are several loan options available to you. These options include home equity lines of credit, second mortgage loans, and cash out refinancing. Each type of home equity loan has advantages and disadvantages; the home equity loan option you should choose depends on your [...]

Second Mortgage Loan: The Basics of Home Equity Loans is a post from Robert Regehr's Mortgage Refinancing Blog.

Second Mortgage Loan Advantages

Robert Regehr — Wed, 19 Jul 2006 00:34:52 +0000

Refinancing with cash back can be an excellent way to borrow against your home’s equity. In today’s economy a second mortgage could be a better choice. Here are some of the advantages of taking out a second mortgage on your home. Borrow against Your Equity If your current mortgage already has a low interest rate [...]

Second Mortgage Loan Advantages is a post from Robert Regehr's Mortgage Refinancing Blog.

Home Equity Loan Debt Consolidation

Robert Regehr — Tue, 23 May 2006 00:40:07 +0000

If you are looking for a practical method to eliminate your high interest debts such as credit cards and student loans, a home equity line could be the solution you are looking for. Debt consolidation using the equity in your home is a fast and easy way of eliminating high interest debt and saving money. [...]

Home Equity Loan Debt Consolidation is a post from Robert Regehr's Mortgage Refinancing Blog.

Home Values Drop 20 Percent

Robert Regehr — Sat, 29 Oct 2005 04:54:21 +0000

This could be the headline if President Bush gets his way regarding home mortgage interest next week. Housing prices stand to lose 15 to 20 percent of value if the President’s tax reform panel’s recommendations are passed into law. One industry expert estimated the average homeowner would lose from $25,000 to $30,000 in equity because [...]

Home Values Drop 20 Percent is a post from Robert Regehr's Mortgage Refinancing Blog.

Crash Course in Home Equity Lines of Credit

Robert Regehr — Sat, 22 Oct 2005 04:50:53 +0000

If you need to take out a loan, home equity lines are an easy source for credit. In the beginning a home equity line can provide lots of cash at fairly low rates and even give you tax deductions you can’t get with other loans. On the other hand, a home equity line of credit [...]

Crash Course in Home Equity Lines of Credit is a post from Robert Regehr's Mortgage Refinancing Blog.

Need Cash? Consider Using Home Equity

Robert Regehr — Mon, 03 Oct 2005 08:20:22 +0000

One option to consider when refinancing your mortgage is to refinance for more than the remaining balance of your original mortgage; this is tapping into your home equity, or cashing out equity, so to speak. With low interest rates, you can do so without increasing your monthly mortgage payment. For example, at 6.4 percent, the [...]

Need Cash? Consider Using Home Equity is a post from Robert Regehr's Mortgage Refinancing Blog.

Home Value Appreciation Slows

Robert Regehr — Thu, 01 Sep 2005 20:56:33 +0000

House prices have slowed to their lowest levels of appreciation in nine years. A national builder’s society said that the average cost of a home went up just 2.3 percent since this time last summer; the lowest levels seen since May of 1996. During the month of August, house prices dropped .2 percent, wiping out [...]

Home Value Appreciation Slows is a post from Robert Regehr's Mortgage Refinancing Blog.

Home Values Drop 20 Percent

Is Your Home in Need of Repair?

Robert Regehr — Thu, 25 Aug 2005 23:32:07 +0000

Home improvement projects come in all varieties: from simple fixers that breathe life into a home to major remodeling that involves gutting a home and changing the floor plan. The reasons for remodeling are as different as the projects that you can undertake: add a room, update a kitchen, or improve the energy efficiency of [...]

Is Your Home in Need of Repair? is a post from Robert Regehr's Mortgage Refinancing Blog.

No related posts.