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Only one trick at this time. Whenever you go out in the market for shopping a home loan always have a copy of your credit history with you. Of course you have to spend at least $10.00 to $20.00 dollars to have your credit score. It would do a few wonders such as:
1- It would make you look a smart loan shopper.
2- You would be able to bargain better loan terms.
3- You would be able to work with more than one broker at the same time to buy
a better loan deal as we know when brokers compete for your business you win.
4- It you allow more than one broker to print out your credit report it would decrease
your fico score. It also increases the number of times your credit report has been
ordered and would stay on your report for years to come.
5- And last but not the least always work with more than two brokers for a loan, any
kind of loan. Let the brokers race against each other to win your business. Let their
numbers do the talk. At the end of day whoever gives your better deal just take!
and yes, you can count your own money much better than any body else.
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∙ 13y ago
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Can a home equity loan be used for a downpayment on another home?
A home equity loan is a type of loan in which the borrower uses the equity in their home as collateral. There is no restriction on how we can use the money from Home Equity Loan.
What are home equity loans for?
A home equity loan is a loan to be used to make repairs on a home. It is a loan that can be taken against a mortgage to fix a problem or make upgrades to a home.
Is a home improvement loan a recourse loan?
no. why would it be a recourse loan
What is the index value of my home loan?
What is the index value of my home loan? How is it calculated? Also, the marging of the loan, where is calculated or comes from?
i have a modular home inapark which is paid off. to apply for a loan on this home is it refinancing or a home loan?
It is refinancing not a home loan. For more information on refinancing go to web site www.ditech.com
Can a home equity loan be used for a downpayment on another home?
A home equity loan is a type of loan in which the borrower uses the equity in their home as collateral. There is no restriction on how we can use the money from Home Equity Loan.
A home equity loan is a lump-sum second mortgage loan made on the available equity in a home?
True, home equity loan.
Can you have a car loan and a home loan?
Absolutely!
Can I get a new home loan even though I have an existing home loan?
Yes, you can get a new home loan even if you have an existing one, but your eligibility and terms may be influenced by your current home loan obligations and financial situation.
What are home equity loans for?
A home equity loan is a loan to be used to make repairs on a home. It is a loan that can be taken against a mortgage to fix a problem or make upgrades to a home.
Is a home improvement loan a recourse loan?
no. why would it be a recourse loan
What is the index value of my home loan?
What is the index value of my home loan? How is it calculated? Also, the marging of the loan, where is calculated or comes from?
What is home loan remortgaging?
A home loan remortgage is the resale of the resale of your piece of property. Examples of home loan remortgages can be found in the board game of Monopoly.
Where do i get a Home Loan in VA?
There are several options for obtaining a Home Loan. You can get a loan through a bank and many private investors also offer home loans.
How do you prevent a home mortgage loan company from securitizing your loan?
You can not prevent home mortgage loan company from securitizing you loan. The only way out is do not default your repayment.
i have a modular home inapark which is paid off. to apply for a loan on this home is it refinancing or a home loan?
It is refinancing not a home loan. For more information on refinancing go to web site www.ditech.com
What is the difference between home equity and a home loan?
There are many differences between a refinance loan and a home equity loan. These include differences in costs, loan structure, interest rates and accessing your money.
