Is There Insurance on Equity Loans If the Homeowner Dies?

Answer Home equity loans are mortgages, and as with conventional mortgages, equity loan borrowers sometimes die with unpaid balances owed on their homes. You can insure your equity loan debt in a couple o... Read More »

Top Q&A For: Is There Insurance on Equity Loans If the Homeo...

Is there a survivor benefit if someone with disability insurance dies?

This information would have to come from the payer of the disability insurance amounts.

How do home equity loans work?

Lenders issue home equity loans to people who want to borrow money against the value of their home. A home equity loan is limited by the value of your home and the amount of money you have already ... Read More »

How are home equity loans calculated?

A home equity loan pledges your home as collateral for loan. There is a certain process involved in calculating a home equity loan. The amount you receive is based on the equity in your home.Signif... Read More »

What are points on home equity loans?

A point on a home equity loan, or any type of mortgage debt, is a set amount of money paid to purchase a lower interest rate. Paying a point is sometimes optional for the borrower, depending upon t... Read More »