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Are LCEF home equity loans available in all states?
A:
No, not at this time. We are able to make loans in 15 states however. See a list of states from which LCEF can accept applications.
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Why is it that many loan companies wont provide home equity loans on property that are used for agriculture?
A:
One that comes to mind is quicken loans. Any information would be appriciated, thanks. The thing is, my home is included in my land that I use for cattle grazing. A: This is an easy one, I've run into this too. Federal foreclosure laws are WAY differ
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Public Records Reading- Mortgages, Do home equity loans show or just reverse and second mortgages?
A:
I read public records when doing RE research so I'm wondering. I guess that only second and reverse mortgages show. And why would someone choose a second mortgage vs home equity loan? Are we saying that a home equity loan automatically shows as a lie
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Is a home equity line of credit a good idea?
A:
Personally, I love home equity credit because I use it to reinvest in other Real Estate. If you can take it and make 12, 14 or, in some cases I have made 40 to 50%+ return on investment, then it is a great thing to do. However, if you plan to spend i
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Why are home equity loans so attractive?
A:
A. The practice of borrowing against the value of a home has skyrocketed in popularity and has become an efficient way to borrow. The two key reasons for this surge: low interest rates and tax deductibility. Although many of our members have been usi
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what do I need to know about home equity loans when appling to makd good choice or should I get just a loan?
A:
cant decide if I want private loan home equity or 2 moragage dont know which way is best A: It's not easy, and without more information I cannot give you direct advice. But visit the mortgage Professor - you'll find a link to his website on mine. See
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Are home equity loans a good way to consolidate debt? If not what is better?
A:
Instead of paying on 2 credit cards that are fairly high balances, should I pay them off with a equity loan and have one payment and keep my credit card balances zeroed out each month..... A: That depends on where you live. In some states a home equi
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Are architect or permit fees considered part of "construction costs" for home equity loans?
A:
We plan to use a home equity loan to rebuild our studio, putting the loan money in a separate bank account and using that account solely for "construction costs" to ensure the interest remains tax-deductible. Question 1: We're paying an architect to
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Is it smart to use a home equity loan to pay off car loans, and a line of credit?
A:
My husband and I need to lower our monthly payments. We have no debt except a line of credit for $60,000 with the payment of $410 and two car loans both adding up to about $25,000 and the combined payment of $1050/mo. So, we are spending about $1400/
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What's the real deal with home equity loans?
A:
Lately I haven't been working as many hours because of cutbacks so I've fallen behind in a few payments. So I've tried to obtain a small loan from a few banks with no luck. I've been paying my morgage on time for more than 15 years and never consider
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