Comments on: Why Take Home Improvement Loan?

By: 220891nb

220891nb — Sat, 10 Oct 2009 20:07:50 +0000

aah! wheres the end outtake, its hilarious

By: Rawk4Life

Rawk4Life — Sat, 10 Oct 2009 18:09:30 +0000

It’s the laws of nature dude. My older brother always picked on me when I was younger, but once he became an adult he grew out of that stage.

By: Kurt8765

Kurt8765 — Sat, 10 Oct 2009 11:29:39 +0000

suckers, suckers, suckers.

By: elmo

elmo — Sat, 10 Oct 2009 11:17:23 +0000

Why don't you qualify for homeowner's insurance?

While a lender would usually require insurance, having insurance doesn't imply that you can get a home improvement loan.

By: Lola

Lola — Sat, 10 Oct 2009 10:21:02 +0000

A refinance with cash out would save you money in the long run. The interest rate would be lower for a 1st mortgage.

If you refinanced for a lower interest rate, you would be required to pay for the refinance and other closing cost.

Now if you turned around immediately and got a second mortgage or a Home Equity Line of Credit (HELOC) you would once again be required to pay for the loan as well as any related closing cost. On this 2nd mortgage the interest rate would be 2%-3% higher.

For any legal or tax matters you should consult with your attorney or tax consultant.

I hope this has been of some use to you, good luck.

"FIGHT ON"

By: Pooch Lover

Pooch Lover — Sat, 10 Oct 2009 09:20:04 +0000

Anyone can make payments on anybody's loan that they choose to. I've made many an installment payment for my children at various times. All the bank or finance company cares about is that you put the correct account number on the check so they know where to credit the payment.

By: to_the_hurricave

to_the_hurricave — Sat, 10 Oct 2009 06:01:10 +0000

I always get consumer loans assistance from NHBS, Inc
might as well check with them and goodluck to you
I know everything will be ok soon

http://www.newhorizon.org

By: DAN5675able

DAN5675able — Sat, 10 Oct 2009 01:17:29 +0000

what kind of people pick on their younger brothers

By: FirstBlood1337

FirstBlood1337 — Sat, 10 Oct 2009 00:59:46 +0000

Jill = Milf

By: juju b

juju b — Fri, 09 Oct 2009 08:16:20 +0000

Yes. The mortgage company will want to get the home appraised to make sure it is worth how much you are trying to take from it. But as long as you have enough it should not be a problem. You can either keep your current mortgage and also get a second mortgage for however much you are looking to get. You also have the option of refinancing and paying off the original lien and receiving the rest of the money from the loan payed out to you so that you can use it for home improvements.