answersLogoWhite

0


Best Answer

There are many different types of home equity loans available depending upon your needs. Some home equity loans offer a 30 year payback option, while some are ten or 15 years. The amount and interest rate depends largely on your home value and credit score.

User Avatar

Wiki User

11y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What are the different types of home equity loans available?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Where can one find information on home equity improvement loans?

One can find information on home equity improvement loans online on websites, such as Nationwide, Mortgage 101 and TD Bank. There are different types of home equity improvement loans.


What are some of the different types of mortgage loans?

There are many different types of mortgage loans that are available for the average consumer. One can get fixed rate loans, adjustable loans, and governments guaranteed loans.


What are different types of home loans available?

Some types of home loans are FHA loans, VA loans, 30 year loans, 15 year loans, and reverse mortgage loans. Of course, these are not the only types of loans available. You might check with your local real estate agency for more information on what is available.


What services are offered at Chief Financial?

Lots of different types of loans are available from Chief Financial such as auto loans, boat loans, RV loans and motorcycle loans. A variety of different loans are available to suit every personality.


What are the different type of home loans available?

Some types of home loans are FHA loans, VA loans, 30 year loans, 15 year loans, and reverse mortgage loans. Of course, these are not the only types of loans available. You might check with your local real estate agency for more information on what is available.


What types of home refinance loans are available for no equity needed?

The types of home refinance loans available will depend on the lender and on the borrowers credit history. A borrower with a great credit history will be able to qualify for almost any type of loan even with no equity. However, someone with poor credit will probably not qualify for any. The loans could be fixed or variable rates with terms of 10, 15, 20, or 30 years.


How to Get Ideal Home Loans?

There are many different types of home loans available to borrowers. Some loans are better for certain types of borrowers, while others are better for certain neighborhoods.


Should you get a second mortgage or a home equity line of credit?

Mortgage loans and home equity loans are two different types of loans you can take out on your home. A first mortgage is the original loan that you take out to purchase your home. Second mortgage means cover a part of buying of your home or to cash out some of the equity of your home. It is important to understand the differences between a mortgage and a home equity loan before you decide which loan you should use. Both types of loans have the same tax benefit since you can deduct the interest on each.


Where can I learn more about military loans?

Militaryloans.com is the direct source to find out about the different types of loans that are available. These loans are available for the Army, Navy, Air Force, Marine Corps and Coast Guard.


What are the different types of loans available?

There are a lot of different types of loans out there, and banks even make their own types of loans. To sum up the main categories though, there are school loans, housing loans, business loans, and just a regular loan. You can even go to a pawn shop and get a loan for a valuable item, coming back and paying it off monthly.


What are the 4 types of financial aid available in regards to education?

There are different types of student loans available to college students for college: # Federal Subsidized Stafford Loans # Federal Unsubsidized Stafford Loans # Federal Perkins Loans # Federal PLUS Loans # Private/Alternative Student Loans Other sources of financial aid are: * Scholarships * Grants * Work-Study


What types of home loans are there?

There are a couple of types of home loans available. Some of those types include FHA loans, Fixed-Rate Mortgage loans, VA loans, and Interest-Only Mortgage loans.