Home equity loan vs Home equity line of credit Typically a home equity loan can be obtained in a lump sum or used as a revolving home equity line of credit. A home equity loan can be: A fixed rate mortgage An adjustable rate mortgage Homeowners who require more money in large amounts usually apply for a home… Read More »

There are many factors that go into the bank’s decision, from how long you’ve been at your job to how many credit cards you carry. The most important thing lenders look at, however, is your ability to meet your obligation to them, which is a function of your income and debt levels. To gauge your ability to pay,… Read More »

Many of these companies are worth the small monthly fee, and they can save you far more than they charge.  Some of these companies are not legitimate (please do your research first) and can take your monthly payments and keep them long before they make your payments to the actual companies they’re for – this can cause you… Read More »