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Do I lose home equity after refinancing?
Bankrate via AOL· 4 days agoTo refinance a conventional mortgage, you typically need at least 20 percent equity in your home. This means your current mortgage balance should be no...
Should retirees use their homes to pay bills?
Bankrate via AOL· 2 days ago“You get some of the same advantages of being able to tap your home equity, in a much more accessible way because our credit score requirements ...
10 alternatives to personal loans and who they’re for
Bankrate via AOL· 2 days agoBetter rates for fair and good credit borrowers. Drawbacks You could lose your home if you can’t...
Montana aims to remind seniors about its ‘reverse annuity mortgage’
HousingWire via Yahoo Finance· 5 hours agoLonger retirements The loan values for the HECM program are generally larger depending on the age of...
Should I get a personal loan? Here are the pros and cons
Bankrate via AOL· 1 day agoA secured loan might come with a lower rate. More eligibility requirements Personal loans can have...
How to refinance when you have a second mortgage
Bankrate via AOL· 3 days agoRefinancing first and second mortgages together requires you to meet certain requirements but it is possible. Refinancing your primary mortgage while...
How much is a down payment on a house?
Bankrate via Yahoo Finance· 2 days agoFor example, first-time homebuyers...t afford that high of a down payment, though, know you won’t pay PMI forever. Once you reach 20 percent equity in...
What is an unsecured loan?
Bankrate via AOL· 1 day agoLenders use this number to measure your ability to repay a loan. The lower the ratio, the better. Every lender will have a different requirement for your...
How does a fixed-rate HELOC work?
Bankrate via AOL· 1 day ago“If you anticipate rates remaining low, you may save more with a traditional HELOC.” Is there a set amount you need to borrow? Are you paying off a...
CFPB Cracks Down on Mortgage Servicers, Alleging Harmful Practices Against Older Homeowners
The National Law Review· 3 hours agoOn June 18, the CFPB settled enforcement actions (found here and here) against two mortgage...
