San Diego is finally catching up to other high-priced housing markets in California, giving homeowners a chance to use home equity loans in San Diego to renovate or pay off debt.
Homeowners in Berkeley, Calif., may soon have access to low-cost financing for energy efficient home upgrades. A proposed city program would allow Berkeley homeowners to pay for the installation of solar panels and solar hot water heaters through their property tax bill.
What are some of the main reasons people are turned down for loan modifications? Aside from the obvious - like not enough income to maintain even a modified payment schedule - there are any number of less apparent reasons that can trip up someone who otherwise might be able to qualify and save their home from foreclosure.
HELOCs offer low initial rates and financial flexibility, but are more unpredictable than a standard home equity loan. So are they the right choice for you?
Fixed-rate mortgages come in two main types: 30-year and 15-year loans. Though there are other variations, such as 10-, 20- and even 40-year home loans, the 30- and 15-year terms make up the bulk of fixed-rate mortgages that are written.