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Home Equity Facts

Tuesday, 29 May 2007

Important Facts About Home Equity Loans and Lines of Credit How much can I borrow? You can borrow up to 125% of the equity in your home! Equity = Home Value - Outstanding Mortgages & Liens Can I apply for a loan if I have filed for bankruptcy? Yes, there are products and programs designed for people who have recently filed for bankruptcy. What can I use Home Equity money for? Home Equity Loans and Lines of Credit can be used for almost anything! Make home improvements Pay college tuition Buy a car Payoff a boat Purchase an investment property Consolidate debt

Last Updated ( Tuesday, 29 May 2007 )