Leah asked:


I’m looking into selling my house. A couple of years ago, I took out a home equity loan to cover unexpected expenses. Can I pay off the mortgage loan, but still make payments on the home equity loan for the remainder of it’s term? I don’t think I will be able to sell the house for the combined payoff of both loans.

Joan

gtmds asked:


I live in Florida-US and am updating the old roof of my home with a completely new one before the next hurricane season. I assume that this won’t be a tax deductible expense if I pay for it directly, but would I be able to deduct interests of a home equity loan used towards this renovation?

Douglas

grc asked:


I need a loan of 6000.00 and I am willing to pay 25% interest on it and I just need it for 18 months. I have paystubs, same job for 8 years, direct direct deposits, make 80 thousand a year, can show tax records. My wife had a stroke a few years ago and was unable to work and we got behind on a lot. she is now better and we are back on our feet, but have bills we really need to pay off in order to build back up our credit. I get a bonus in March 07, used this years to pay off an old tax lien from 1998. Can show proof of this also. I just need someone to give me a shot. I would be willing to sign a peronal guarantee and allow a lien to be put on my house by the person who lends the money for collateral.
Do you know anyone who might be interested?
I can’t do a traditional home equity loan because in Texas you can only refinance 80 percent of your homes value. I owe 98,000 and it appraises now 130,000. You will get your money.

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amny asked:


I am thinking of refinancing and Chase Bank is ready to give a 10 yr 170k home equity loan. Is this a better than my existing home mortgage loan. Is there anyone who has suggestions for this.

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Fordie_ounces asked:


Im looking to buy a house that needs a good amount of work. I dont have extra money to pay for the remodeling. But I have read that i can possibly get some sort of home improvement mortgage that will give me extra money to fix up the house. Rather than buying the house and then having to get a reappraisal and then a home equity loan.

Alfred

dbpmprl asked:


My husband died recently. I know for sure that I’m on the home mortgage and the home equity loan. I can’t find the deed to the house though. Is it possible to be a grantor on a home’s mortgage is you’re not also on the deed?

Anthony