Archive for the 'loans' Category

Loans Tips About Fixed Rate vs. Adjustable Rate Equity

Saturday, September 13th, 2008

Fixed rate loans are often the choice for homeowners, since fixed rate home equity loans do not conform to the standard market Prime Rates. Fixed rate loans give homeowners a peace of mind, since the interest on the loans does not change during the term of the loan. On the other hand, the adjustable rate [...]

Tips About Guarantor and Equity Loans

Saturday, September 13th, 2008

Guarantor on equity loans are for those borrowers who may have a negative credit rating. Since the borrower has damaging credit, the lender may ask the homebuyer to agree to a guarantor. In other words, you are agreeing to find a co-signer to back your claims that you can pay the equity loan as agreed.

How Home Equity Fixed Loans Work

Saturday, September 13th, 2008

Home equity fixed loans are credit extended to homebuyers who dismiss closing costs. Some of the equity loans offered have “Prime Minus 0.500%” rates, and are offered under many loan options.
The loans give homebuyers the option to prepare for financial freedom throughout the loan agreement.