Tag Archives: equity
How can I refinance if I have only 5% equity in my principal residence.?
by marsmet526 Question by dannyb41: How can I refinance if I have only 5% equity in my principal residence.? I want to refinance to relieve myself of the mortgage insurance payment. I have an additional house that is paid off … Continue reading
Can you buy a second house with home equity?
Question by Jason: Can you buy a second house with home equity? Can I refinance the current mortgage taking out as much as the home equity and use that money as a down payment for a second house? Best answer: … Continue reading
Is it smart to use the equity from primary residence to pay cash for a rental?
by J. Stephen Conn Question by athos: Is it smart to use the equity from primary residence to pay cash for a rental? With the mortgage rate in free fall, is this a good idea to use the equity from … Continue reading
I own a house with my brother, I would like to buy him out and cash in the equity. How can this done?
by Mr. T in DC Question by Mr Yankee: I own a house with my brother, I would like to buy him out and cash in the equity. How can this done? Do I refinance? A new mortgage? How do … Continue reading
What is my best option for leveraging the equity in my home to finance my daughters college education?
Question by Jim: What is my best option for leveraging the equity in my home to finance my daughters college education? Is it refinancing my 1st mortgage? Taking out a home equity line of credit? Taking out a home equity … Continue reading
How to refinance home and get ex’s equity?
by kjarrett Question by Prego: How to refinance home and get ex’s equity? Divorced, got a court order to refinance and pay the ex 50 percent of the equity. Bank will only finance 85 percent of the Original loan, and … Continue reading
Q&A: How can you refinance a mortgage with no equity?
by truliavisuals Question by Ramona: How can you refinance a mortgage with no equity? There are programs for people to refinance loans if they are having financial problems, but what about the rest of us? Are there limits placed on … Continue reading
Can I refinance my mortgage and home equity line of credit together?
by woodleywonderworks Question by MH: Can I refinance my mortgage and home equity line of credit together? For example, I take both loans and refinance them together as 1 loan with a 30 year loan? Best answer: Answer by hyabusawifeSure….as … Continue reading
What Mortgage Company has the ad running that offers a refinanced mortgage, plus an equity line, plus …?
by merfam Question by dave_from_auburn: What Mortgage Company has the ad running that offers a refinanced mortgage, plus an equity line, plus …? credit card that earns dollars that go towards paying the note. It sounded like an interesting deal, … Continue reading