Home Equity Loans - second mortgage

Home equity lines of credit have lowered in recent years because banks have loaned out more than some houses are worth. Understand why banks are lowering home equity lines of creditthrough tips and advice from an an experienced financial adviser in this free video. Expert: Patrick Munro Contact: www.northstarnavigator.com Bio: Patrick Munro is a registered financial consultant (RFC) with outstanding sales volume of progressive financial products and solutions to the senior and boomer marketplace. Filmmaker: Reel Media LLC

Joseph

The average rate for a home equity line of credit will vary according to the financial institution, the property location, whether the property is an investment, and the homeowner’s FICO score. Check the Web sites of different lending institutions to determine what rate will be best for a home equity loan withtips from a registered financial consultant in this free video on home equity lines of credit. Expert: Patrick Munro Contact: www.northstarnavigator.com Bio: Patrick Munro is a registered financial consultant (RFC) with outstanding sales volume of progressive financial products and solutions to the senior and boomer marketplace. Filmmaker: Reel Media LLC

Frank

The most notable hidden cost associated with home equity loans is the origination fee, which is a point that the mortgage company will charge upfront against the value of the overall loan. Work with a company that has no origination fees withhelp from a registered financial consultant in this free video on money management and personal finance. Expert: Patrick Munro Contact: www.northstarnavigator.com Bio: Patrick Munro is a registered financial consultant (RFC) with outstanding sales volume of progressive financial products and solutions to the senior and boomer marketplace. Filmmaker: Reel Media LLC

Eddie

Home equity loans are secondary loans made to the principle mortgage on a house. Understand how home equity loans work on both ends withtips and advice from an experienced financial adviser in this free video. Expert: Patrick Munro Contact: www.northstarnavigator.com Bio: Patrick Munro is a registered financial consultant (RFC) with outstanding sales volume of progressive financial products and solutions to the senior and boomer marketplace. Filmmaker: Reel Media LLC

Laura

The home equity loan process generally begins with an appraisal of the house, followed by the underwriting process, the application and an assessment of assets. Receive a new mortgage coupon and any checks at the closing table of a home equity loan meeting withinformation from a registered financial consultant in this free video on home equity loans. Expert: Patrick Munro Contact: www.northstarnavigator.com Bio: Patrick Munro is a registered financial consultant (RFC) with outstanding sales volume of progressive financial products and solutions to the senior and boomer marketplace. Filmmaker: Reel Media LLC

Samuel

Home equity rates may vary from bank-to-bank, so doing research to find the lowest rate can mean saving thousands of dollars. Understand how to compare and determine the best home equity rates withtips and advice from an experienced financial adviser in this free video. Expert: Patrick Munro Contact: www.northstarnavigator.com Bio: Patrick Munro is a registered financial consultant (RFC) with outstanding sales volume of progressive financial products and solutions to the senior and boomer marketplace. Filmmaker: Reel Media LLC

Paul