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A HELOC loan is a home equity line of credit that is a loan based on the equity one has built up in one's home. One can find information regarding these loans from financial institutions or online on sites such as Wikipedia and the "Consumer" website.
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More information on the Citi loans can be found on their official website. You can either call them or email them by using their official contact information.
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What APR do capital auto loans offer?
Capital auto loans offer APR that can be found on their websites and can be found by visiting one of there locations.For more information on this topic visit their online sites
Where can one find more information about how to refinance his or her home with HELOC?
One can find more information about how to refinance his or her home with HELOC by visiting the WSJ website to read about the HELOCs guide to home equity loan. A Home Equity Line Of Credit (HELOC) is a lump sum of loan that the bank can give someone in the form of a credit card. One only pay interest on the actual amount that one spends.
Where can one find more about SBA business loans?
More information on SBA business loans can be found on the SBA government website. Banks like Wells Fargo and Chase also give an explanation of what SBA business loans are.
Where can one find more information on Sallie Mae Loans?
More information can be found about Sallie Mae loans on the official Sallie Mae website. If looking to deal with Sallie Mae private loans you will find more information at Lauren Lyons Cole's blog page. She gives helpful information about dealing with this organization and the types of loans they provide. Most likely if you need specific information, you may need to call Sallie Mae for details about an existing loan.
Where can one find more information about guaranteed car loans?
More information about guaranteed car loans can be found from the companies who are offering them. Each loan company is likely to have slightly different terms and conditions so it is a good idea to read these carefully.
Can an HELOC default cause a home foreclosure?
Yes. A HELOC, or home equity line of credit, is also called a second mortgage (it can be a third or fourth or more though). The HELOC is a line of credit that is backed by your home. If you default on your HELOC payment, you are defaulting on a mortgage and you lose your house when you default on it. The difference between the first mortgage and the HELOC will really only matter to the banker who takes your home. The HELOC gets paid after the first mortgage is paid, so HELOCs are therefore riskier loans and generally come with higher interest rates. Example: your home cost $100 and you put $20 down. You now have $20 worth of equity in your home. You borrow $20 against that $20 in equity, so you now owe the full $100 again ($80 for the first mortgage, $20 for second/HELOC). If you default on either loan, the bank takes your home and will sell it to cover the loans. The first mortgage gets paid from the sale and anything left over goes to the second/HELOC.
