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

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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

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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

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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

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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

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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

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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

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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

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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

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Q&A: I need help securing refinancing for my mortgage. I have around $ 150,000.00 equity, and good credit rating.?

by USDAgov Question by rookiewriter: I need help securing refinancing for my mortgage. I have around $ 150,000.00 equity, and good credit rating.? My home burned. It was a total loss, but I rebuilt another one. I’ve been told by … Continue reading

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