Home Equity Loans – second mortgage

Analogy4155 asked:

I’ve unlocked the door that leads to unlimited funds Yes you read that right, UNLIMITED funds. That might seem like a stretch, but it’s not. Let me explain with a unique analogy. Do you know how computers communicate? This may sound techie and boring, but I promise it will help you understand…

Judy

Anemone2121 asked:

MORTGAGE LOANS Bad Credit Mortgage If you’re a first time home buyer, we offer a variety of loan programs to assist you in making your first time home purchase decision – even with bad credit problems or after bankruptcy. Bad Credit Home Equity Loan Our online application is the fastest and…

Bill

Akia24544 asked:

Rule #1: Banks WANT to Give you Money In fact they’re desperate to give it to you. Every bank in the world makes their money by making loans and charging interest. But bank’s are also faced with a dilemma. If they give loans to everyone, then that money becomes less valuable. In fact, it…

Catherine

zooper asked:


My husband wants to go to an evening mba program, while he continues to work full time. The program lasts 18mo, and costs about $50K for the entire program. We are supposed to pay in 6 installments. We have more than enough equity in our home to take out a line of credit. I’m wondering which is a better choice, doing a federal student loan, or using a line of credit. I’m thinking that the line of credit is a good choice, because we don’t have to borrow all the money at once. Drawing from it every 3 months, for 18 months. We hope to pay the loan off within 5-7 years after graduation.

I don’t have any experience with federal student loans, so would like to know how the two options compare.

thanks.
I understand that the federal loans have a limit. There is no way that a single loan would cover the approx. 25K/year we would need for 2 years.

CONRAD