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A major perk of using a Home Equity Line of Credit to consolidate your debt is that you’re likely to reduce the amount of interest you’re paying. Home equity interest rates can be lower than credit card or other loan rates. Find out if using your home’s equity is the right option for you and how to apply.

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Home Equity Line of Credit Second Mortgage Rates HELOC Loans Mortgages Rate…

Mortgage Refinance Rates San Diego CA https://www.youtube.com/watch?v=LgoGkuQdqVM

Another way to fund your project is to take out a Home Equity Loan. These mortgages offer the tax benefits of conventional mortgages without the closing costs. You get the entire loan up front and pay it off over 15 to 30 years. And because the interest usually is fixed, monthly payments are easy to budget. The drawback: Rates tend to be slightly higher than those for conventional mortgages.

from The Balance

What You Need to Know Before Getting a Home Equity Loan

Home equity loans let you borrow against your home's value. They come with relatively low interest rates. Learn more about how home equity loans work.

SouthPoint Financial offers 1st and 2nd mortgages, First Time HomeBuyer Loans, along with Home Equity Lines of Credit all at competitive rates and with low closing costs.

from About.com Money

What You Need to Know Before Getting a Home Equity Loan

Home equity loans let you borrow against your home's value. They can be used for any purpose, they come with relatively low interest rates, and they may offer tax benefits. Learn more about how home equity loans work.

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We have buyers looking to purchase homes in Rocklin, Roseville, Loomis, GraniteBay, Folsom, Lincoln, Auburn and Sacramento before rates go up, if you or someone you know is ready to sell and cash in on all your equity call me today for free home value! Ask about our Heroes Rebate to save up to 1% on the sell of your home! Tami Saner 916-417-6162

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from Realtor Magazine

A Lesson for Sellers on Disclosures

A Lesson for Sellers on Disclosures “Most sellers think it is in their best interest to disclose as little as possible,” a real estate attorney says. But that could land... http://snip.ly/cfnx4

from Engadget

Airbnb rentals can play havoc with your mortgage

Airbnb rentals can play havoc with your mortgage Renting out your home on a service like Airbnb is supposed to be good for your bottom line but its now clear that it can create some headaches if youre a homeowner. The Wall Street Journal is warning that banks may turn down your attempt to refinance your mortgage if they learn that youve rented your home on Airbnb. Simply speaking banks tend to see homes as either personal residences or investments and dont like the risk associated with the latter. While some banks may allow a gray area between the two others wont be so kind Bank of America for example wont give you a home equity line of credit if theres a material amount of commerce in your home. Airbnb tells the newspaper that rejections are incredibly rare although it doesnt have statistics. Its believable though. Only some hosts rent their homes frequently enough that it could make up a large chunk of their income and a mere fraction of those people would both want to refinance their mortgages and run into trouble doing it. Still this is a useful heads-up: you may have to either live with your existing mortgage terms or deal with the higher interest rates that come with treating your home as an investment. Via: Consumerist Source: Wall Street Journal - Repost from: engadget Post - you can download ImmedTech app for android from link : http://bit.ly/ITapp-v1512