What Is A Home Equity Loan

To pay for your kid's college, HELOC or refi?

Dear Dr. Don,Is it better to finance my two children's college through a home refinance or by taking out an equity line of credit? What are the tax advantages/disadvantages of the two options? If I take ...

THE DEBT ADVISER: Is my fiance responsible for his ex-wife’s home equity loan?

Q: Several years ago, I bought my first home. Within that time, I met someone to whom I am now engaged. My fiance is divorced. Through the process of his divorce, he took his name off the mortgage loan he had with his ex-wife, but his name is currently on the home equity loan as a co-signer. Per their divorce decree, they agreed she is responsible for payments of the equity loan. My question is ...

Debt Adviser: Is fiance responsible for ex's equity loan?

Dear Debt Adviser: Several years ago, I bought my first home. Within that time, I met someone to whom I am now engaged. My fiance is divorced. Through the process of his divorce, he took his name off the mortgage loan he had with his ex-wife, but his name is currently on the home equity loan as a co-signer. Per their divorce decree, they agreed she is responsible for payments of the equity loan ...

Santander cracks down on interest-only mortgages

Interest-only mortgages are set to disappear as a major high street bank restricts access to home owners.

To pay kid's college, HELOC or refinance?

Dear Dr. Don, Is it better to finance my two children's college through a home refinance or by taking out an equity line of credit? What are the tax advantages/disadvantages of the two options?

Is a reverse mortgage the right choice?

Thursday, February 2 nd , 2012 Issue 05, Volume 16. A reverse mortgage is a loan for senior homeowners over 62 years old that uses some of their home equity as collateral.

Banks Paying Homeowners a Bonus to Avoid Foreclosures: Mortgages

Banks, accelerating efforts to move troubled mortgages off their books, are offering as much as $35,000 or more in cash to delinquent homeowners to sell their properties for less than they owe.