How to Get a Better Deal on a Home Loan?

Answer It is often said that for most people, the purchase of their home will be their single greatest expenditure. In truth, however, the purchase of a mortgage--the points and interest paid over the lif... Read More »

Top Q&A For: How to Get a Better Deal on a Home Loan

Is a VA loan better than a conventional home loan?

On One Hand: VA Loan AdvantagesVA loans are underwritten by the Veterans Administration and were created to give veterans the opportunity of home ownership, with the usual credit score and down pay... Read More »

Is taking out a home equity loan or refinancing a home better?

On One Hand: Cash-Out RefinanceA cash-out refinance is best if interest rates have fallen since you took out your mortgage. The cash-out refinance will lower the interest rate on the entirety of yo... Read More »

Who is better off with a home equity loan?

On One Hand: Good for InvestmentsHome equity loans can be good for people who intend to use them for home improvements or to fund a child's college education. You can often deduct the interest you ... Read More »

Is a home equity loan or a line of credit better?

On One Hand: Home Equity Loan BenefitsHome equity loans are ideal for covering a significant expense such as a new car, or for consolidating credit card debt. The benefits of this type of loan incl... Read More »