Bad Credit Loans

 

Home Equity Loans

 

Definition & Recommendations for Home Equity Loans

A home equity loan is must like any other type of loans except that home equity loans are secured by a second mortgage on your home. In essence your home is being used as collateral for your loan.

Home Equity Loans (HEL) should not be confused with Home Equity Line of Credit (HELOC). HEL loans don’t have the facility of a revolving line of credit and are essentially straight up loans where the customer can borrow between 70-90% of their home values.

Generally home equity loans have the most competitive interest rates of any loan type because it is secured by your home. It is because of this that the risk seen by the financial institution is reduced substantially and thus the more competitive rates. As with other sorts of loans, the payment amounts are tax deductible. Additionally, the interest rates can either be specified as fixed or variable. Generally variable would again be cheaper because the financial institution isn’t locked down with interest rate risks.

Again as with other types of loans, home equity loans for people who suffer from bad debt is quite common. The trick is trying to find a lender that doesn’t over-charge for the credit risk. Our lists of partners listed above have great rates which are only marginally above standard. They service most customers, even those with extremely poor credit history.

______________________________________________________________________

______________________________________________________________________

 

Hosting by:
Site 5 Link

Statistics by:

MONEY FROM HOME     GET RICH      GET RICH AGAIN GET RICH SLOWLY     HOW TO MAKE MONEY AT HOME     MAKE MONEY.COM.HTML     MAKE MONEY ONLINE     MAKE MONEY ONLINE FAST MAKE MONEY SLOWLY     MAKE MORE MONEY     MONEY     RICH MAN   DEBT RELIEF     INTERNATIONAL DEBT RELIEF   HOW TO BECOME WEALTHY WEALTHY  MSN SPACE MONEY BUSINESS OPPORTUNITY UK     K BUSINESS OPPORTUNITY     HOME BASED BUSINESS UK   WORK  HOME      WORK FROM HOME  REPAIR BAD CREDIT     AUTO LOAN     CREDIT CARD LOAN     MONEY     NEW CREDIT     HOW TO REPAIR BAD CREDIT     GET GOOD CREDIT     NEW LOAN      BAD CREDIT AUTO LOAN     CREDIT CARD BANKRUPTCY LOAN      FIX BAD CREDIT     THE ONLY WAY TO REPAIR YOUR CREDIT  BAD CREDIT AUTO     STORM   index faq 6-ways-in-which-you-can-avoid-the-history-of-bad-credit Alphabetical_Site_Map alternative-medicine are-bad-credit-re-mortgages-impossible- auto-loans bad-credit-auto-loans bad-credit-canadian-loans bad-credit-credit-cards bad-credit-home-equity-loans bad-credit-home-loans bad-credit-loans bad-credit-mortgage-loans bad-credit-payday-loans bad-credit-personal-loans bad-credit-repair-defining-the-problem bad-credit-repair bad-credit-uk-loans bad-credit-you-can-still-get-a-mortgage-to-buy-a-house bad_credit_help bill-consolidation business-and-economics cash-back-credit-cards-a-good-idea-or-a-sneaky-way-to-get-you-to-sign-up-(2) cash-back-credit-cards-a-good-idea-or-a-sneaky-way-to-get-you-to-sign-up- conditions-&-diseases consolidate_loans contact craft credit-card-debt-settlement credit-cards CREDIT credit_loan_solutions creditdream creditfileorder creditfileorder creditinsider creditlinks creditrelease-index creditrepairorderform creditscores dating debt-consolidation-loans-as-a-solution-to-credit-card-debt debt-consolidation different-types-of-credit-and-other-debt-consolidation directory does-debt-settlement-affect-your-credit-score- donate don’t-be-driven-by-bad-credit-with-bad-credit-car-loan ebooks education-center education employment entertainment Erase_Bad_Credit ezines faq fast-personal-loans-forget-the-past!!....don-t-be-last!!......to-get-the-fast!! fico-scores,-credit-repair-and-home-loans-the-real-truth finance five-credit-mistakes-made-by-rookies food-and-drinks football free-credit-report freecreditrepair freeloansforpeoplewithcreditproblems gambling general-merchandise getcredit getnewcredit gifts golf gotlinks-1 gotlinks-2 gotlinks-3 gotlinks-4 gotlinks-5 gotlinks home-and-garden index index index1 index2 index3 index4 index5 indexme internet-marketing internet law link-exchange LOAN loansforpeoplewithbadcredit main mortgage_refinance music new-alternatives-for-those-who-need-finance-and-have-bad-credit newcredit NEWCREDITFILE newidentityforbadcredit non-credit-based-student-loans nutrition online-credit-repair overdue-library-books-can-hurt-your-credit-score! partners-1 partners-2 partners-3 partners-4 partners-5 Partners pavedtheirway personal-loans-guide pets Privacy_Statement real-estate refinancing_mortgage REPAIR repairbadcredit repairbadcredit Repairmybadcredit search secured-loans-five-top-tips Site_Map soccer software struggling-to-pay-your-bills-credit-card-debt-consolidation-may-be-the-solution-for-you. student-loans-regardless-of-credit-history-make-a-choice student-loans-without-credit-check-life-savers student_loan_consolidation testimonial textcounter Thankyou things-you-want-to-know-about-credit-card-debt-management tips-for-choosing-the-right-credit-card travel understanding-your-credit-rating using-a-credit-card-debt-consolidation-loan-as-debt-relief web-design weight-loss what-are-bad-credit-debt-consolidation-services- what-is-credit-card-debt-consolidation-and-what-do-you-need-to-do- why-second-mortgage-loans-beat-home-equity-lines-of-credit world-wide-web www www