Can my wife take a home equity loan for personal use on a jointly owned home without my consent?
My wife earns more money than me. The home loan is in her name but the home title is in our joint names. Can she take a home equity loan without my consent?
Can you get a home equity loan while in a debt management program?
I just entered a debt management program to get control over my credit card debt. I have done this seperate from my husband. Only my credit is affected. Just after I entered into the program, my husband started showing interest in a home equity loan to consolidate our debt (his credit card and vehicles) and do home improvements. In our marriage I am responsible for my own debts, but I am wondering if being in the DMP will affect the chances of us obtaining the Home eq. Loan. Serious educated replies will be very much appreciated.
What is a home equity loan and what is the process to applying/being accepted for one?
I paid roughly $90,000 for my home. It was a TLC home and I’ve fixed it up in the past 9 years dramatically. New roof, new walls, siding, porch, heating system, well etc. My home and property was valued at $275,000 last year. Does equity play a part in this. Am I eligable for an equity loan? I don’t want to go into it without fully understanding what it is–I also don’t want to go to my banker with stupid questions….Another thing. Im looking to build my own home–hence the loan inquisition.
How does home equity loan qualification works if you’re self employed?
I am self employed and want to get qualified for home equity loan. What are the qualifications lenders look at. What do I need to show them and have?
Been trying to find out on the net, but can find any good resources. If you know any and dont mind sharing would be awesome.
Thanks!!!
Can a fixed home equity loan drop my credit score?
I requested $10,000 dollar home equity loan to roof my house.
My FICO score was 780 until approx March when I applied for a home equity loan at a fixed rate. Now my FICO score is 740. What happened? I am never late on any payments. I pay over the minimum amount do on my card every time.
What is the difference between a mortgage and a home equity loan?
I own a home that is paid off but would like to take out a loan to fund some home improvements as well as help my parents pay off their home equity loan. Given this scenario can I take out a mortgage since mortgage rates are lower or am I limited to a home equity loan. I’m not interested in HELOC’s.
can i get a home equity loan on a home i just bought that i was gifted equity in it?
we are buying a home from my mother. she is gifting us the equity in the home. can we get an equity loan at the same time as we get our home loan or do we have to wait and how long?
Is it better to get a home loan thru home equity line loan?
I am thinking of refinancing and Chase Bank is ready to give a 10 yr 170k home equity loan. Is this a better than my existing home mortgage loan. Is there anyone who has suggestions for this.
Can I transfer an existing home equity loan, attached to my current residence to a new residence?
I took a home equity loan out a while ago and in this market, my equity has dropped considerably.
If I were to sell my home, I could pay off my 1st mortgage, but I’d still have a balance of about $30,000-$50,000 on the 2nd mortgage.
Do lenders transfer 2nd mortgages to a new home?
Does a 4.9% credit card loan beat a 9.2% home equity loan in terms of money savings and tax benefits?
I want to take out a $10,000 loan and I want to see if the credit card deal is better for overall savings. It’s a lower rate than the home equity loan, but will the higher APR of the Home Equity loan paired with the tax breaks be better than a lower credit card(i.e. non-deductible interest) loan?
The rate is for the life time of the balance until paid off. It is primarily for balance transfers but the money can be used in any way I’d like.