Equity Loan Information

what do I need to know about home equity loans when appling to makd good choice or should I get just a loan?

cant decide if I want private loan home equity or 2 moragage dont know which way is best

Public Comments

1. It's not easy, and without more information I cannot give you direct advice. But visit the mortgage Professor - you'll find a link to his website on mine. See source pages below. Good luck!
2. Hi, Looks like you need some good advice from your friendly credit union or banker. In the meantime, I thought the following may be helpful. The first link is an article about when it makes sense to refinance. The second link is a calculator that will help you determine the break-even point of refinancing. http://www.fuzeqna.com/wrightpatt/consumer/kbdetail.asp?kbid=2916 http://www.fuzeqna.com/wrightpatt/consumer/kbdetail.asp?kbid=3017 Good luck!