Category: Mortgage Loans

What is a 125 Home Equity Loan?

June 27th, 2009, No Comments

A 125 home equity loan allows you to loan up to 25% more than the value of your home.  That might sound like an amazing deal, especially if you don’t have enough equity built up to take out a regular home equity loan.  Sure, you’ll have plenty of money to play with, but there are [...]

What is a Private Mortgage?

June 25th, 2009, No Comments

If you want to apply for a home loan but you know your credit score is quite low, you have the option to obtain a private mortgage, where you may have better luck being approved.  In other words, you’ll circumvent the bank and take a loan from somewhere else. Homeowners can offer private mortgages when [...]

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