Paying Attention to the Details When Applying for a Home Equity Loan

Whether you are labeled as bad credit or not, the moment you are quoted a low home equity loan rate and a smile starts appearing on your face, embrace the moment and pause for a moment. Ask yourself: “What about the payment terms?” Home equity loans are known to be one of the best [...]

Should you use a different lending company when applying for a home equity loan?

We are going to apply for a home equity loan so we can put a pool in.Should we apply with our current mortgage company or someone new. Does it matter?

The Importance of Credit Ratings When Applying for a Home Equity Loan

When applying for a secured loan credit ratings help the lender get a better picture about the consumer’s ability to manage payments. The higher the credit score is the lower interest rates the lender will quote. Obviously not everyone has perfect credit. Lenders know that but they must quote higher rates because of the extra [...]

Second Thoughts: Think Twice Before Applying For New Home Loan

Second Thoughts: Think Twice Before Applying For New Home Loan Tempted to apply for a second mortgage? Many homeowners view a second mortgage through rose-colored windows, especially if they’ve overspent or accumulated a stack of bills or credit-card debt. Read more on Hartford Courant