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Interest-only Equity Loans Create Amazing Power and are Quite Easy to Get


The power of home equity and interest-only payments, provided from most home equity loans is amazing. You can get a home equity loan, with no closing costs and pay as little as $30.00 to $40.00 per month for up to $10,000 in equity cash. These loans are surprisingly easy to get for both residential and investment real estate.

The terms on these amazing loans vary, but are quite nice. You can get them for up to 30 years, but they are usually completed in terms of 10 to 15 years. You can always pay just the interest on the loan - a very low payment, or you can pay on the principal loan, if you desire. You have all the power. Another fantastic part of home equity loans is that in many cases you can take out 100 percent of the equity. So, if you owe $130,000 and your house is valued at $140,000, you can get $10,000. Now you'll need good credit to do this. Not to worry, though, if your credit has some flaws. You can still get at your equity.

You'll just get a little less, and you'll probably pay a little more. And if you are told you don't qualify, don't despair; there is another way -- a cash out refinance loan. A cash out refinance home loan gets at the equity you desire, but it puts a new first mortgage on your house for the entire amount, and you get the money that is left over. It may sound convoluted, but it really is not. Get the wealth building system Winning the Mortgage Game to learn exactly how it's done.

Mark Barnes is an investment real estate and real estate finance expert. Get his free mortgage finance course at http://www.winningthemortgagegame.com and also learn how to gain financial independence through proper real estate investment strategies. Mark is also the author of the new novel, The League, a shocking, sports-related conspiracy. Learn more about his suspense thriller at http://www.sportsnovels.com


TODAYS NEWS BY OFFICEJAX FREE ADVERTISING AND AD EXCHANGE SOLUTIONSMORE RESOURCES updated Mon. December / 18 / 2017

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CNBC

Mortgage refinance applications surge 9 percent as rates fall back
CNBC
Houses stand near the former Bethlehem Steel plant, now occupied by Gautier Steel Ltd., in downtown Johnstown, Pennsylvania. Interest rates on home loans are now significantly lower than a year ago, and that may be bringing more homeowners back to ...

and more »


The MReport

An Update on Mortgage Refinance Volumes
The MReport
According to the report, average interest rate on a 30-year fixed rate mortgage rose from 3.81 percent in September to 3.90 percent in October. It noted that borrowers completed 2,184 refinances through the Home Affordable Refinance Program (HARP) in ...



Newsmax

CNBC: Mortgage Refinance Applications Surge 9 Percent as Rates Slide
Newsmax
The increase in the Mortgage Bankers Association's seasonally adjusted report was largely due to a 9 percent weekly jump in applications to refinance. Lenders suddenly have a strong sales pitch, now that rates are significantly lower than they were a ...

and more »


Siuslaw News

VA issues warning to veterans about refinancing scams
Siuslaw News
Certain lenders may try to push a VA mortgage refinance. For example, a consumer may be called by a lender multiple times, or receive VA mortgage refinance offers in the mail that look like a check or bill. Veterans may be pressured to refinance their ...



Way forward for mortgage
DAWN.com
A lax enforcement on foreclosure laws, an absence of a clear title, prohibitive stamp duties on property registration and transfer and penal mortgage costs driven by the above-mentioned risks have prevented financial institutions from aggressively ...



Bankrate.com

4 ways to get the best mortgage refinance rate
Bankrate.com
If you can shave at least one-half of 1 percentage point off your current mortgage rate, it can be worth your while to trade in your existing home loan for a new one. Here are some tips for getting the very best refinance rate. 1. Polish up your credit ...

and more »


AHCN plans data collection on mortgage, real estate off-takers
The Punch
The association said it would take advantage of the $300bn World Bank fund for the Nigeria Housing Finance Programme of which only $120m was drawn by the Nigerian Mortgage Refinance Company to date, and called on all state governments to support their ...



11 Ways to Get the Lowest Mortgage Refinance Rate - NerdWallet
NerdWallet (blog)
In the hunt for the lowest mortgage refinance rate, there are some things you can control and some you can't. Here are 11 things you can do.

and more »


Canton Citizen Newspaper

What Can Your Mortgage Do for You?
Canton Citizen Newspaper
Some are less concerned about ever paying off their mortgage. It's a myth that bankers don't want borrowers to pay off their mortgage loans. We're delighted when people own their homes outright, if that's at all possible. The reality is that homeowners ...



NMRC refinances N10bn mortgages for PMIs
New Telegraph Newspaper
In its drive to increase homeownership among the citizens, the Nigeria Mortgage Refinance Company (NMRC) has spent N10 billion raised from the capital market to refinance mortgages for primary mortgage institutions (PMIs), New Telegraph has learnt. It ...


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