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Mortgage Professor about equity in your home: 
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...

Is Unused Home Equity a "Missed Fortune"?
18 July 2005 "I don?t understand why a Wharton professor would not recognize that unused home equity is a missed opportunity? Isn?t home equity safer in a conservative side fund than buried in the house earning a 0 percent return?" The New and Old Wisdoms of ... more...

equity in your home related definitions

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...

More about equity in your home

Get Free equity in your home Quotes and Estimates

Get instant on-line mortgage rate quote and closing cost estimate. Only put your loan numbers. No contact info required. Compare offers from top mortgage lenders... more...

Home Equity Loan or Cash Out Mortgage Refinance
If you are a homeowner interested in cashing out equity in your home, how do you know if a home equity loan or refinancing with cash back is a better choice for you? Here is what you need to know in order to make an informed decision.Home equity loans and cash out mortgage refinancing both have ... more...

Home Equity Loan Refinancing
If you have lived in your home for more than two years, it has probably appreciated which means that you have built up equity. What is home equity? Home equity is the difference between the value of your home and the amount of all that you owe on your home. If your home has an appraised value of ... more...

Be Prepared With Your Home Equity Loan Checklist
A home equity loan can be an excellent way to obtain money in order to pay off high interest bills or consolidate your current debt into one monthly payment. A home equity line of credit is a form of revolving credit in which your home serves as collateral. Because the home is likely to be a ... more...

Orange County Home Equity Loans
Orange County in California is one of the most fashionable places to live but finding a home equity loan should not be any harder than in any other part of the country. In fact, you may even find that there are too many companies to choose from you are offering Orange County home equity loans that ... more...

Home or Investment Property Equity: Be Sure the Bank Gives You All that You Deserve
Home equity is your own personal money machine. If you want financial freedom, a home equity loan is probably the best way to achieve it. You can pay down credit cards, pay off cars, both at high interest rates, or you can actually use your home equity to invest and build the money into a fortune ... more...

Reducing Debt Through Lower Interest Loans
It happens to the majority of us, credit card debt accumulates and before we quite realize it, we are carrying a debt load that is far beyond our means. When this happens, we need to take immediate positive steps to knock down the debt as quickly as possible. One of the most efficient ways to do ... more...

Home Equity Loan - With a Reverse Mortgage, Your Home Pays You!
The home equity loan has become quite popular in the last five years, and Americans have tapped into the equity of their homes in record numbers. The reasons vary, although home improvement and debt consolidation are the most common reasons for borrowing against a homes equity.In the last fifteen ... more...

Home Equity Loan With a Reverse Mortgage, Your Home Pays You!
The home equity loan has become quite popular in the last five years, and Americans have tapped into the equity of their homes in record numbers. The reasons vary, although home improvement and debt consolidation are the most common reasons for borrowing against a homes equity.In the last fifteen ... more...

Debt Consolidation Loan For A Home Owner - 3 Things To Consider
If you want to consolidate your debt--and you own your own home--you're in luck! If you're willing to use your house as collateral, you have a lot of low-cost options for debt consolidation. Here are three loans to consider:Second mortgageA second mortgage is, essentially, another mortgage on a ... more...

125% Equity Home Loans
If you are a homeowner in need of a home equity loan but you have not yet built up any equity in your home, don't despair. A 125 percent equity home loan may be the answer.A 125 percent equity home loan is a second mortgage loan that allows you to borrow up to 25% more than the value of your home. ... more...

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