Archive for April, 2010

Does anyone know the typical point for a home equity line of credit ? By point, I mean the up-front fee that is proportional to the credit limit. So if the term asks for 5 points (5%) and the line of credit is $100,000, there is a $5,000 fee. Do you think that the numbers I’ve just mentioned are a pretty good deal, assuming that the interest rate is good? Thank you.

He has job that pays 120k. He spent more than he made during last few years and now he is in bad shape. What he can do ?


Credit Card Debt:

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The advantages of a home equity loan include the fact that a person may be able to deduct interest on their loans from income tax. Learn about the dangers of home equity loans with help from a portfolio manager in this free video on money management and financial advice. Expert: Roger Groh Bio: Roger Groh is the founder of Groh Asset Management. Filmmaker: Bing Hu

Hello everyone, I need to move to another location. Can I take a home equity line of credit on my existing house to pay for the down payment of a new home, and then sell the first house that I used for the line of credit? Are there any restrictions to do that? Can I avoid the fee that I will get if I sell the first house early? Thanks.

I would like to know what types of places will help with a consolidation loan of debt?


Home equity loan payments should be included in the monthly budget as a definable debt that needs to be paid on time. Work with a banker to determine the best time in your income cycle to receive home equity loan bills withtips from a registered financial consultant in this free video on home equity loans. Expert: Patrick Munro Contact: www.northstarnavigator.com Bio: Patrick Munro is a registered financial consultant (RFC) with outstanding sales volume of progressive financial products and solutions to the senior and boomer marketplace. Filmmaker: Reel Media LLC


Pitfalls of home equity loans include working with a disreputable banker, paying exorbitant fees and paying high closing costs. Find a home equity loan that has no points and no origination fee withhelp from a registered financial consultant in this free video on home equity loans. Expert: Patrick Munro Contact: www.northstarnavigator.com Bio: Patrick Munro is a registered financial consultant (RFC) with outstanding sales volume of progressive financial products and solutions to the senior and boomer marketplace. Filmmaker: Reel Media LLC

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