Affordaly finance home repairs and new projects with Max Equity

The perfect way to affordably finance home improvements, renovations, repairs and appliance purchases. You can also use it to consolidate high-interest debt. The MaxEquity program includes two flexible loan options: a revolving line of credit, and a fixed loan. Call us at (616)301-8899

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From: Lake Michigan Credit Union

Related topics : line of credit home equity loan / debt loan consolidation programs / line of credit loans near me

What is the Difference Between an Equity Line of Credit and a Reverse Mortgage? Gennaro Faiola of Genworth Financial answers the question "What is the difference between an equity line of credit and a reverse mortgage?" A reverse mortgage requires the borrower to be 62 years old. The reverse mortgage borrower does not have to qualify for the loan with credit score or employment. Genworth financial looks at the borrowers age and the equity of the home.

A Reverse Mortgage may help seniors stay in their home.

Interview with Pam McCoy,...

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From: Pam McCoy

Related topics : home equity loan mortgage difference

How to get a home equity loan

HELOCs aren't the bargains they once were but lenders are still extending lines of credit.

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From: CNNMoney

Related topics : line of credit home equity loan

Wells Fargo Short Sales Expected to Rise

Wells Fargo expects it's short sales to rise in 2014. In fact, they are fully prepared for what they think will be an increase in that market. Wells Fargo is pinpointing two loan programs specifically, the HELOC or Home Equity Line of Credit and the FHA program. Wells says the HELOCs taken out in 2003 and 2004 will now be drawn out over the life of the loan. Borrowers have been just paying on interest and now principal will be due. Wells suspects people may be shocked with their new...

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From: Chris Spade

Related topics : line of credit loan wells fargo / line of credit home equity loan

Investing in Real Estate with Home Equity? [#AskBP 007] - In this episode of the #AskBP Podcast, Brandon Turner explains how to tap into your home equity to purchase investment properties. You'll learn the difference between a loan and a line of credit, as well as when (and if) to use each on specific real estate deals. Additionally, Brandon covers the negative aspects of using your home equity, and ends with a story of how his in-laws used their equity to buy an incredible duplex.

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From: BiggerPockets

Related topics : line of credit home equity loan

Personal Loans : How to Get a Loan to Pay Off Bills

When someone is getting a loan to pay off their bills, the process is referred to as debt consolidation. Find out how to consolidate bills by taking a second mortgage, or a home equity line of credit, with help from a financial specialist in this free video on personal loans and money management.

Expert: Matt McKillen


Bio: Matthew McKillen has over 21 years of industry experience in arranging loans for his clients.

Filmmaker: Christopher Rokosz

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From: ehowfinance

Related topics : bill consolidation mortgage loan / line of credit home equity loan / debt consolidation loans second mortgage / debt consolidation home mortgage loan / get a loan