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Where could a person get home equity mortgage loans in Florida?
Wiki User
∙ 10y ago
There are many companies that offer home equity mortgage loans in Florida. Bank of America and Wells Fargo both offer this type of loans across the country, including Florida.
Wiki User
∙ 10y ago
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Where can one find an equity loan second mortgage?
One could find an equity loan second mortgage from many websites, such as BankRate and Realtor. One could also check out their local area banks and see what they may have to offer.
Where could one find information online about a home equity conversion mortgage?
There are many ways in which one can find information online about a home equity conversion mortgage. One can browse brokerage sites as well as ask in forums.
How do you apply for an equity loan?
To apply for an equity loan you have to contact a mortgage or home equity lender and see what kind of equity your home has. If your property value has declined it is possible that you could have negative equity.
Where could one go for equity line of credit loan?
There are many places to apply for equity lines of credit or home equity loans. Most banks and mortgage companies provide one or both of these products.
Where could a person find the facts about a home equity loan?
A person could find facts on a home equity loan online. Many banks offer free quotes online and give a person facts and information about home equity loans.
Where can one find an equity loan second mortgage?
One could find an equity loan second mortgage from many websites, such as BankRate and Realtor. One could also check out their local area banks and see what they may have to offer.
Where could one find information online about a home equity conversion mortgage?
There are many ways in which one can find information online about a home equity conversion mortgage. One can browse brokerage sites as well as ask in forums.
How do you apply for an equity loan?
To apply for an equity loan you have to contact a mortgage or home equity lender and see what kind of equity your home has. If your property value has declined it is possible that you could have negative equity.
What if your name is on the title and two names are on the mortgage then what can the other person do to stop you from receiving money from sale?
If the property is in your name alone and yet someone signed as a co-signer on your mortgage, they have no ownership interest in your property and are not entitled to any of the proceeds from the sale.However, if they made a substantial contribution to the equity you now have in the property they could bring an action in a court of equity for a portion of the proceeds. That would be expensive for both of you. Perhaps a fair compromise could be negotiated if you could not have afforded the house without the other person's help.
Where could one go for equity line of credit loan?
There are many places to apply for equity lines of credit or home equity loans. Most banks and mortgage companies provide one or both of these products.
Where could a person find the facts about a home equity loan?
A person could find facts on a home equity loan online. Many banks offer free quotes online and give a person facts and information about home equity loans.
Where can one find more information on home equity releases?
There are several places one may look to find out more on home equity releases. Speaking to a mortgage advisor would help as they could offer different options, for example, a lifetime mortgage.
What are some reliable home equity lenders in the Boston area?
There are a number of reliable home equity lenders one could use in the Boston area. Wells Fargo have a good reputation and offer home equity loans. Mortgage Equity Partners and Citizens Bank also offer home equity loans.
Where could a person find the best mortgate refinancing rates?
A person could find the best mortgage refinancing rates online on websites, such as Bankrate, Zillow and Mortgage Calculator. There are many useful tools for mortgage rate calculation.
Is the interest deductible when you use a home equity loan to pay off a second mortgage?
The interest on the second mortgage is deductible but not the home equity loan. If you could deduct the interest on the equity loan also, then you would be double dipping and the IRS doesn't like that. In every situation, one party can and the other party can deduct the interest. Someone has to pay tax on the money transfer.
Why might one refinance a home loan or mortgage loan?
Someone might refinance a home or mortgage loan to take money off of the equity they have in the house in order to make improvements that will increase the value of the home. Another reason could be another investment that would make taking money out on the equity in the home worth it.
Can you pay off an existing home equity loan with refinanced cash from the same property?
Yes you may, in a refinance your HELOC could be paid off the same way as any other type of debt such as a credit card. The same goes for a second mortgage, as long as you have built enough equity in your property you can refinance and pay off the 2nd mortgage and leave yourself with just one mortgage payment.
