
Home Equity Archives
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Jul24
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May29
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One of the problems with stated income mortgage loans -- whether they are first mortgages or HELOCs -- is that the lender relies on the borrower to correctly represent income.
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May19
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Calculated Risk points out that Bill Fleckenstein is predicting that HELOCs are the next crash. And it makes sense.
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May12
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William Jordan points out that even now, with home values falling, it might be a good time to use your home equity.
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May 5
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When you use a home equity loan to get out of debt, you are exchanging your unsecured debt for secured debt. This means that your home is now collateral for your credit cards.
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May 1
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You thought it was hard to for someone to buy a home? It's even hard to get the financing for a second mortgage.
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Home Equity Archives
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