Question

 Can I get a home equity loan even though I don't own my home?

Answer If you do not own your home, you may not borrow against that home and obtain a home equity loan. If your name is not on the property deed, you do not own that home's equity (the difference between... Read More »
http://www.answerbag.com/q_view/1966333

Top Q&A For: Can I get a home equity loan even though I don'...

What is the difference between a home equity loan&a home equity line of credit?

Home equity loans and home equity lines of credit are two ways to borrow against the value of your home. Though they both use your home as collateral, they differ in a number of ways.Accessing Fund... Read More »
http://www.answerbag.com/q_view/1883290

Can You Get a Home Equity Loan If You Have a USDA Home Loan?

The United States Department of Agriculture (USDA) has a Rural Development arm offering direct and guaranteed home loans. In each scenario, the USDA offers to assist homeowners with the expense of ... Read More »
http://www.ehow.com/about_7373592_can-loan-usda-home-loan_.html

Is a home equity loan considered a second home loan?

A home equity loan is a secondary mortgage against the equity in your home. The terms of the loan, such as the interest rate and the length of the loan, are normally different from your primary hom... Read More »
http://www.answerbag.com/q_view/1970989

How soon after buying a home can you obtain a home equity loan?

In some cases, you can apply immediately. Home equity loans are based on the value of the home versus the amount owed. Those who bought below market value or who had large down payments will have m... Read More »
http://www.answerbag.com/q_view/2232682


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