When Are You Able to Take Out a Loan on Your House?

Answer Home equity loans and lines of credit may allow you to further invest in your property, through home improvements; in yourself, through education or training; or in a new business venture. Whatever... Read More »

Top Q&A For: When Are You Able to Take Out a Loan on Your House

If You Have a Home Equity Loan, Do You Have to Pay Off the Loan Before You Sell Your House?

A home equity loan utilizes the equity you have built in your home as collateral for a new debt. Typically, this debt goes toward improvements to the property, but it may also be used to purchase c... Read More »

Can I Get a Mortgage Loan Plus a Loan to Fix the House?

When you purchase a fixer-upper, you will need to have money to buy the home and cover costs of improvements. Many lenders will ask you to take two separate loans, a mortgage and a home equity loan... Read More »

What is apr on a house loan?

The APR is the annual percentage rate of a loan. The APR is how much the loan will cost per year, taking into consideration the interest rate and all fees. Mortgage companies are required to advert... Read More »

How to Get a Loan on the Equity of the House?

Taking out a home equity loan can provide cash to renovate your home, for you to go on vacation or pay down credit card debt. A home equity loan borrows cash from your equity, but owning a home doe... Read More »