Blog Detail

HELOC Basics

http://www.helocbasics.com/

Everything you've ever wanted to know about home equity line of credit (HELOC) loans. HELOC tips, news, lender profiles, and more.

• Added on: Mar 3rd, 2008
• Country: United States
• Language: English

• Author: Robert
• Listed in: Real Estate Finance
• Tags: real estate loans heloc home equity line of credit home equity loan lenders

Recent Posts

• Using a HELOC to Pay Off a Car Loan

  Posted on Tuesday May 19th, 2009 at 01:08 in heloc, home equity line of credit, heloc tips

  Now that HELOC rates are so low, many borrowers are looking for smart ways to use their lines. In a recent Scripps News column, a reader asked if he should use a HELOC to pay off his car loan. Columnist Steve Bucci pointed out both the pros and cons ...

• HELOC Closures Continue

  Posted on Friday May 15th, 2009 at 21:47 in heloc, home equity line of credit, heloc news, heloc freeze

  It’s been months since banks first began closing HELOC lines due to the worsening real estate market. But, customers continue to receive HELOC freeze and closure notices in the mail. Monitor Bank Rates gives this concerning antedote: “A c...

• Paying Off Your Mortgage with a Lower-Interest HELOC

  Posted on Thursday May 14th, 2009 at 03:33 in refinancing, heloc, home equity line of credit, heloc tips

  Now that HELOC rates are so low, many homeowners are tempted to pay off their original home loans with home equity. While this strategy may seem like a smart move at first glance, there are some serious risks. Banking My Way explains: “…T...

• Extremely Low Rates on PenFed HELOCs

  Posted on Monday May 11th, 2009 at 18:57 in heloc, home equity line of credit, heloc rates, penfed

  If you’ve been waiting to take advantage of low HELOC rates, now may be the time. PenFed is offering HELOCs at just 3.25%. Monitor Bank Rates explains: “Pentagon Federal Credit Union is offering a home equity line of credit (HELOC) with a...

• HELOC Subordination

  Posted on Wednesday April 15th, 2009 at 00:41 in refinancing, heloc, home equity line of credit, heloc news, heloc subordination

  Many HELOC borrowers are surprised when they’re turned down for mortgage refinancing programs. Why are banks sending them away? Because a growing number of HELOC / second mortgage lenders are refusing to subordinate their loans (agree to be pai...

• Taking Out a HELOC Before Job Loss

  Posted on Wednesday April 8th, 2009 at 21:05 in heloc, home equity line of credit, mortgage crisis, heloc tips

  Some financial experts advise clients to take out a HELOC as a security against potential job loss. But, this strategy only works if the homeowner is currently employed when the equity loan closes. WalletPop reports: “That’s a possible st...

Comments & Reviews

There is no rating for this blog because there are no comments yet.

Post A Comment/Review

* Your IP is being logged.
* Your e-mail address is used only for verification purposes only and will not be sold, or shown publicly.
* No HTML tags allowed
* DO NOT use the Comments/Reviews to promote your own site.