My credit score is 680. I was told my debt to income ratio is high. Will my credit score increase and will it be better for me if I pay off these debts showing on my account by using my equity line?
1. credit card balance
2. a student loan I co-signed with my son [...]
I am currently in Chapter 13. I filed 10/04. I have a home with approx 100K in equity. I would like to pay my way out of BK at the 36 month mark (approx 16K) , pay off the second mortgage (which was down payment assistance, $7450) and pay off some of [...]
I took at 80%/20% loan to get into my first house. 5 year fixed ARM (4.5%) and equity line for the 20% @ 10% (adjustable). I have never missed a payment on either of these loans over the 3+ years. I would like to turn this loan into a loan to eliminate [...]
I have some debts from helping my kids go to college and another opening a restaurant, and don’t have the good credit anymore to get an additional equity credit loan.
I do my own taxes every year, but this year I have a question. I refinanced my mortgage in the spring. Had a significant amount of equity and decided to “cash out” some of my equity to help pay off some outstanding debts (car, student loan, credit card balance) and kept some to keep in [...]
I am refinancing my home this month from a 30 year 7.25 to 15 year 4.34 saving $86,000 in interest. Problem is that any equity I had in the 3 years I’ve been paying, I’ll lose when I tie closing costs back in. My wife and I have excellent credit and no credit [...]
I am at the age that I can use Senior Equity Reverse Mortgage. I would like to hear from some of you who have taken advantage of this and how it is working for you….
My grandma is near 80 and my granfather is mentally gone.She doesnt want to be in the house when people are viewing her home.So, I think the best way is for her to see the home she wants to buy, get a mortgage for it, move and THEN sell her home. It is just my [...]
trying to buy a home to be moved to small lot in Galveston county, wondering if we could get a home equity loan at that point to fix it up? or what options would be available, will take all our funds to buy and move it to the lot.
it is not a mobile [...]
Home is paid off except for reverse mortgage. Home’s market value is more than enough to pay off reverse mortgage and have more than adequate income for life expectancy.