Mortgage Financing – What Is a Home Equity Loan

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Simply put, a home equity credit loan (HEL) is a loan (mortgage) that borrows against the equity of your home. The equity in your home is the actual amount (value) that you, the homeowner have invested in the property as is related to the actual market value of the home. How It Works Let’s say, [...]

Real Estate Financing – Get The Facts First Before You Commit To A Home Mortgage

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Be sure to take all of your monthly obligations into account such as car payments, credit card payments, personal loan payments or student loan payments, etc. when you’re figuring out just what you can afford to pay each month for a house payment. As the real estate market continues to expand and new technology gains [...]