Archive for the 'Cash Refinancing' Category

Home Equity Loan Report

Wednesday, August 18th, 2010

Home equity loan programs have certainly had more stable years with fewer defaults.  Just a few years ago millions of homeowners were using equity loans to refinance their credit card debt in what seemed to be a responsible financial move.  Once property values plummeted, so did the ability for homeowners to consolidate debt into a [...]

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Equity Loans Versus Cash Out Refinancing

Wednesday, July 21st, 2010

One of the best benefits of being a homeowner is getting the opportunity to get cash out.  Borrowers can choose from a home equity loan or a cash out refinance loan.  The home equity loan is a second mortgage and cash out refinancing is the process of reworking your first mortgage.  If a homeowner already has a [...]

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Is a Debt Consolidation Loan Right For You?

Monday, May 10th, 2010

Thousands of homeowners have benefitted from consolidating debt with our home equity loans.  As the government cracks down on subprime mortgage lending it is inevitable that home equity loan guidelines will tighten for cash out and debt consolidation loans.  Consider these three steps below before taking out an equity loan to consolidate debt. 1. Determine [...]

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