How To Get A Homeowners Loan – Wise Tips On How To Choose
You’re building up equity in your home as you pay down your mortgage each month and the real estate market appreciates. At some point, you may want to tap into your home equity. Let’s review how a home equity loan works and what is a home equity loan exactly to see if it’s right for you!
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📒 Show Notes 📒
What you’ll learn:
1. Home equity loan explained!
2. Second mortgage vs home equity loan!
3. Should I get a home equity loan?
NOTE: To adjust video speed for your listening/ viewing pleasure, please use the settings icon on the bottom right of your screen. It looks like a gear. =)
1. 1:30 – How a home equity loan works!
2. 2:01 – Home equity loan vs HELOC!
3. 3:47 – How do you pay back a home equity loan?
4. 5:11 – Pros and cons of a home equity loan!
5. 7:51 – How to get a home equity loan!
6. 8:38 – How to get a home equity loan with bad credit!
7. 10:11 – It comes down to your Loan-to-Value (LTV) ratio!
8. 11:21 – Beware of red flags!
9. 12:56 – Home equity loan alternatives!
Thank you for watching! =)
Enjoy an amazing day!
At the time of production, Andrew Finney, S.0173260, is a real estate salesperson with King Realty Group (KRG) in Las Vegas, NV. Andrew’s videos are his own and do not necessarily represent the views and/ or opinions of KRG. The purpose of Andrew’s videos is to educate you and help you make sense of the real estate process. I am not a CPA, attorney, insurance, contractor, lender, or financial advisor. If you have questions about home loans, real estate, taxes, financial advice, real estate law, insurance, professional trades, or any other services, you are advised to reach out to the appropriate professional for further counsel about your own unique situation. The content in these videos shall not be construed as tax, legal, insurance, construction, engineering, health & safety, electrical, financial advice, or any other and may be outdated or inaccurate; it is your responsibility to verify all information for yourself. We have taken reasonable steps to check that the information in this video is accurate but we cannot represent that is free from error. Linked items may create a financial benefit for Andrew Finney Team. Any use of other media is by fair-use or license only.
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