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Should you borrow from home equity during retirement? What experts say
CBS News· 2 days agoLearn more about the home equity borrowing options available to you here. For example, Kirsten Nelms, CFA, CFP, Principal & Associate Portfolio Manager ...
Types of home improvement loans to fit your project
Bankrate via Yahoo Finance· 7 days agoHome equity loans are ideal for those who have more worth in their homes than what is owed on the mortgage. Funded by the equity in your ...
FHA cash-out refinance: Requirements and guidelines
Yahoo Personal Finance· 2 days agoAn FHA cash-out refinance lets you refinance into a new FHA loan and tap into your home equity to receive cash. Learn if you qualify for an FHA cash-out...
Has your home value risen? Here's why you may no longer need to pay PMI
CBS News· 4 days ago"Its purpose is to safeguard the lender in case the borrower defaults on mortgage payments," says...
What Seniors Need To Know About Reverse Mortgages—From Taxes To Catches
Forbes· 1 day agoThe program was initially designed to "meet the special needs of elderly homeowners by reducing the...
Can a trust take out a home equity loan?
Berkshire Eagle· 7 days agoCan a home equity loan be obtained on real estate held in a trust? Generally, the answer is no. This is not because there is any law ...
Zero-down mortgages are making a comeback
CNN Business via Yahoo Finance· 20 hours agoThere are other options for zero-down mortgages. For instance, Bank of America launched a zero-down...at the Center for Responsible Lending, said it’s...
How do you pay back a reverse mortgage?
Bankrate via Yahoo Finance· 7 days agoThe borrower, or their estate, keeps whatever is left over after paying the debt. Selling the home is still an option even if the home’s value is lower...
How a HELOC can advance your business
Bankrate via AOL· 3 days agoThe main disadvantage of HELOCs is that if you default on payments, your lender could take your home. If a HELOC isn't right for you, other financing...
Common types of installment loans and their best uses
Bankrate via AOL· 7 days agoDepending on the type of mortgage you qualify for, you may have a fixed or variable rate attached to...
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