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There are a number of companies that offer mortgages and home equity loans. One can get them from 'Wells Fargo', 'Bankrate', 'Bank of America' and 'Barclays'.
The types of mortgages that Countrywide offers are primarily home purchase loans, home refinance loans and home equity. They offer fixed rate loans and adjustable rate mortgages.
Chase Bank does both home mortgages and car loans. They also have other financial services such as business loans, credit cards and home equity loans.
The average home equity rate for 2012 was 5.21%, the forecast rate for 2013 is 5.21%. Equity rates on homes are typically higher than those on primary mortgages as equity loans are considered second mortgages.
Home loans are available from banks and credit unions. Such loans can take the form of mortgages, reverse mortgages, or home equity lines of credit, among others.
Reverse mortgages are basically home equity loans. It converts the equity that is in your home into cash. Generally, it is better NOT to do reverse mortgages. There is too much at risk. If you are living beyond your means, cut down on your spending and set a budget so you don't need to take the equity out of your house.
Lending tree offer a great plethora of loans. It provides access to lenders offering mortgages and refinance loans, home equity loans, lines of credit, and more.
Financial assistance that must be repaid typically includes loans, such as student loans, personal loans, and mortgages. Unlike grants or scholarships, which do not require repayment, loans involve borrowing money that must be paid back with interest over a specified period. Failure to repay loans can lead to negative consequences, such as damaged credit scores and potential legal action.
Business equity loans are actually mortgages placed on the company's business given in exchange for a money loan. This may be a good option when starting out, as there may not be much in the way of collateral.
There are a few sites online where one can access discussions on home mortgages vs equity loans. Some websites like eHow and Ezinearticles are good resources too. Many bank and mortgage companies host discussions on this topic, both in store and online.
The different types of secured loans available to borrowers include mortgages, auto loans, and home equity loans. These loans require collateral, such as a house or car, to secure the loan and reduce the lender's risk.
The main types of mortgages available for homebuyers are fixed-rate mortgages, adjustable-rate mortgages, FHA loans, VA loans, and jumbo loans.