Written by admin on 26 December 2008
What Is A Home Equity Loan & How Is It Calculated? A home equity loan is a type of loan which uses your home as collateral, to get a loan. It is just like co-signing when getting a credit from any institution. The actual part that you own is the home equity, and this is [Continue]
Written by admin on 21 December 2008
In the early 1970\’s, there was only three types of loan programs available to home buyers. There was only a fixed-rate conventional mortgage, an FHA loan or a VA loan. Now, times have definetly changed, there is an overwhelming number of mortgage loan types. These are listed below, with a brief description. Most Popular Mortgage Loans [Continue]