Easy Home Equity Loan

I’m interested in the companies that reported the most losses due to defaults specifically to home equity loans and not necessarily losses due to mortgage delinquencies. I want to know which companies have the most exposure in the home equity loan market.

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I’m an American citizen and I live and own a home in France. Home equity loans don’t exist here and my question is – am I able to get a home equity loan in the U.S. for the property I own here?

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Someone explain to me what exaclty is a home equity loan. I’ve researched on the web. I found you can actually get into trouble with home equity loans. Your actually using your house as colateral???

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My wife and I are planning a major remodel which will start in around 2 1/2 months…we are having trouble finding info on the differences between cash-out refi vs. HELOC vs. Home equity loans vs. "typical refi" as far as what the differences are as far as how tax deductible they all are (interest paid, etc)…any info or links with info to help us out?

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I have ,000 in credit card debt that is making me desperate.
I have approximately ,000 in my home equity.
I have about ,000 in an IRA.
All of my credit card interest rates are below 8%, but would I be better off consolidating the credit card debt and getting an Equity loan of some type over 10 years?
I’ve never missed any minimum payments or any payments on bills.

I’m worried about continuing to be able to pay the high credit card payments.

My mortgage rate is 5.25% and although I could sell my home and pay it off, I think the mortgage rate I’m paying would be less than even rent if I sell the house.

What are the positives/negatives of Home Equity Loans?
Thanks in advance.

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my aunt and uncle are getting a bit older and are looking to get a home equity loan. our house is worth around 300,000 and my aunt and uncle have a perfect credit rating. Just looking for some info on home equity loans work. How much money can we get? and what are average rates for their credit rating?

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As it is, the proposed 0,000,000 bailout will cost every one of the 138,000,000 US taxpayers approximately .

But a bailout rewards the incompetence of government (who made the corruption possible), the bankers (who were happy to play along while they were making billions in the real estate market), foolish investors (who likewise figured they could buy a house for 0,000 and then sell it for 0,000 a year later), unqualified borrowers (who knew they were overcommitting themselves), and crooked CEO’s in the affected companies (who were happy to give themselves huge multi-million dollar bonuses for allowing this to happen).

The US government CONSTANTLY sells bonds to raise money, and so does every single municipality, from states to cities to small towns.

So why isn’t a US Government Guaranteed Bond being considered as the simplest solution to this problem, at a high interest rate (say 10%)vs. standard financial documents, and limited to US taxpayers only with a cap of say ,000?

THIS WAY, honest, hard-working americans WHO PLAYED BY THE RULES, saved their money, waited on extravagent purchases, didn’t get those home equity loans overreaching their ability to pay, didn’t buy the "flip this house" investments, and have GOOD CREDIT and SAVINGS (which is what the gov always claims it wants to see more of) end up reaping the rewards for this fiasco?

If you have good credit, you qualify, and you can buy up to ,000 of these special bonds. And it is guaranteed to pay 10% APR. And it is backed 100% by the US Treasury.

Guaranteed, WITHIN DAYS they would raise the 0,000,000 from TAXPAYERS who are willing and able to participate.

The economy would be stimulated, the problem would be solved, and the people who PLAYED BY THE RULES will FINALLY be REWARDED for their hard work and honesty.

It’s been decades since Americans can get a sound and solid financial investment that yields double-digits.

Isn’t this a golden opportunity vs. a problem?

If you have good credit, would you like to get 10% on your money (for lets say 3 or 5 years minimum), GUARANTEED INTEREST from the government?

Remember, this would be like a Certificate of Deposit… locked in for 3 to 5 years, guaranteed not to lose value by the gov, and earning 10% APR if you lock it for 3 years, 12% APR if you lock it for 5.

Supposedly, the gov stands to make billions of profit on this bailout, when real property value is realized. So this way, instead, WE THE PEOPLE make the billions, and the gov doesn’t suddenly find a huge chunk of money that it can squander as usual.

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We have over 50.000$ Credit Card Debt.
1. Card I owe 26 K and my Interest rate is 7.9%
2. Card I owe 19K and interest rate 11.9%
3. Card I owe 5 K and interest rate 26.4%

I also have Car payments, house payment.

I don’t want to file Bankruptcy because I have Top Secret Clearance and I am not sure about Credit solution companies. I don’t know which one is better but they all seem like pretty much scam.

I own a house I am thinking about refinancing my home and add my debt in it. I am also searching for home equity loans and consolidation…

I will really appreciate any suggestions.

TIA

* 17 hours ago
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17 hours ago
I really appreciate all the answers coming!

I quit using credit cards last year, and I possibly cut everything I can.. But my my debt to income ratio is so high!!

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