HELOC Articles

HELOCs: Find The Hidden Fees

By:

Greg Mischio - MortgageLoan.com | June 16, 2008

Life is all about taking the good with the bad. With a home equity line of credit (HELOC), just make sure that your mortgage has more good than bad when you're comparing potential lenders.

HELOC Suspension Shock

By:

Tom Kerr - MortgageLoan.com | June 10, 2008

Several banks, reluctant to lend because of recent losses, now want ironclad reassurance that they'll be repaid. Many are suspending certain kinds of loans, including popular home equity lines of credit (HELOCs). If they do extend lines of credit, they're demanding higher ratios of underlying collateral, steeper fees and interest rates, and much more proof of credit and income.

HELOC: The Open-Ended Solution

By:

Greg Mischio - MortgageLoan.com | March 17, 2008

When planning your financial future, the one thing you can count on is change. Unexpected life events can make the best-laid plans go awry. Flexibility is critical, and it's the main reason people choose an open-ended home equity line of credit (HELOC).

Try a Savings Bank for a HELOC

By:

Catherine Brock - MortgageLoan.com | January 14, 2008

While mortgage brokers are running in circles trying to find lenders for their customers, savings banks are quietly reaching out to provide mortgages and HELOCs to good credit borrowers.

Six Advantages of HELOCs

By:

Greg Mischio - MortgageLoan.com | November 18, 2007

If you were a typical kid, you hated homework. But as an adult, you now understand that doing your homework can pay off financially-especially when you learn about the advantages of a home equity line of credit.