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What Is Predatory Lending?
November 8, 1999 "What is 'predatory lending'"? Predatory lendinghas been much in the news lately, and legislation has been introduced in a number of states to regulate it away. Most of this proposed legislation is ill-advised -- a knee-jerk response to horror stories. ... more... Second Mortgage Versus 401K Loan July 10, 2000 "I need $10,000 for a home improvement. I can either take out a home equity loan or I can borrow from my 401K retirement fund. Would the tax benefits on the home equity loan outweigh the advantage of ... more... |
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commerce bank home equity rates related definitions |
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Home Equity Loan
Home Equity Loan A home equity loan is borrowing against the equity you have acquired in your home. Lets suppose your original mortgage was $175,000.00, but your house is worth $225,000.00. The difference is $50,000.00. ... more... Second Mortgage, Home Equity Loan Second Mortgage, Home Equity Loan A secured loan (mortgage) that is subordinate to another loan against the same property. More specifically, the second loan in sequence. Generally, second mortgage hass a higher interest rate and with shorter terms than a ... more... |
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More about commerce bank home equity rates Secured Home Equity Loans How Do They Work? Lesser Known Facts About Home Equity Loans Home Equity Line of Credit or Second Mortgage Loan Online - Things To Do With Your Homes Equity Why Every Homeowner Needs A Home Equity Line Of Credit Home Equity Loans: Abusive Lending and How to Avoid It Reducing Debt Through Lower Interest Loans Mortgage Terms Explained 5 Tips for Savvy Use of Your Home Equity Line of Credit Giving Finances a Breather Through Loans for Unemployed Home Improvement Loans in UK Manufacturing Home of Your Choice
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