Vectors and 3D Models
Local Search - Finance
Weather Information
Get the App for Smartphones and Tablets

Go Back


WhmSoft Free Articles Directory
Free Articles for Reprint
Free Articles to Publish
Free Articles for Newsletters
Videos to Watch


Page Generation Date and Time:
11/24/2017 04:58:01

 
Free the Animation VR / AR
Play to reveal 3D images and 3D models!
 
Android app on Google Play
 
vlrPhone / vlrFilter
Project of very low consumption, radiation and bitrate softphones, with the support of the spatial audio, of the frequency shifts and of the ultrasonic communications / Multifunction Audio Filter with Remote Control!



 
 
Alexa Data
 

Go To Articles Directory Home Page

To get the current article, - See Below (at the bottom of the page) -.
For top news titles, see below.
Web sites and videos listed in this page are frequently updated.
If you find that this page is useful (quality of web sites, images and videos, ...), you can add it to your favorites.
Bookmark Page !

Tell a Friend:



With your mobile phone (WAP / I-Mode / iPhone / PDA), for free:
The Top News - http://www.whmsoft.net/services/wap/news.php
The Daily Files - http://www.whmsoft.net/services/wap/get.php
All the Directory Files - http://www.whmsoft.net/services/wap/choose.php

Web version of feeds:
Podcast Music - http://www.whmsoft.net/services/web/wpodcast.php
Daily Files - http://www.whmsoft.net/services/web/wget.php

You can play the Guitar Drum Revolution game (flash game) by following the link below:
Play Guitar Drum Revolution Game


You can play free online games (flash games) by following the link below:
Free Online Games

Play the samples below:
01186 Galactic Warrior01236 Yeti Bubbles0931 Yeti SportStariusSnowy Treasure Hunter

You can view the people (celebrities) news and the front page news (with videos, images and constant updates) by following the link below:
View Recent News
or by visiting the WhmSoft Service blog:
News Photos Slideshows


Article Keyword Videos to Watch
Finance
Click on the image to start the video.



Related Topics
Images - Links - Articles

Los Angeles


Related Images



Article Category Videos to Watch
Finance
Go to the Videos Pages


About Home Equity Loans

Home equity loans are available for homeowners or property owners. This is the kind of loan where the homeowner uses his property as collateral or a guarantee that the loan will be repaid. As such, it is a form of secured debt. If the borrower defaults on the loan, he loses his house and may be forced to move. The home equity loan is based on the amount of equity the owner has in the property. Equity refers to the amount of the principal that has been repaid on the mortgage, if there was a small down payment. It is the amount of value that is not mortgaged (appraised value of the home less the principal remaining of the mortgage). The greater the amount of equity the home owner has, the larger the amount of money he can borrow using the home as collateral.

There are advantages and disadvantages of home equity loans. First of all, it is usually a way of borrowing at a low interest and is available to any home owner with a good credit history. The lender looks at the debt-to-income ratio in determining eligibility. The big advantage for the borrower is that he can use the borrowed funds in any way he wants. He does not have to give a reason for borrowing or an account of how the borrowed funds are used. This is why home equity loans are so popular. In many instances, homeowners use home equity loans as a form of debt consolidation. Instead of having bills coming in at different times of the month with different due dates and different interest rates, they have one monthly payment at one interest rate. (The problem here is that they are turning short-term unsecured debt, like credit cards, into long-term secured debt.) Finally, depending on the borrower’s situation, the interest on the home equity loan may be tax deductible.

The disadvantages of the home equity loan are that the size of the loan is limited by the amount of equity the homeowner has. For someone who is just beginning to repay their mortgage and has made the first few payments, they have very little, or no equity and cannot get a loan, unless they made a sizeable down payment on the house. The other drawback is the house is being used for collateral for the loan. If there is a default, the homeowner loses his house.

Home equity loans are attractive to the public because they are relatively easy for the homeowner to obtain. Since the home is used as collateral, the approval time for the loan is rather short, usually a few days and they don’t have give a reason for wanting the loan. Home owners can obtain these loans in a variety of places. They can check with their own bank and other banks and lending companies. There are also many online lending companies and banks that provide home equity loans.


About the Author: For more helpful information on home equity loans and mortgage loans visit http://www.1st-low-rate-loans.com/




Recommended Web Site(s):

Easy Articles Home Page - Articles Directory

Recommended WhmSoft Web Sites, Feeds and WAP Address:

WhmSoft Software Home Page - Software
WhmSoft Services Login Page - Music and Images
WhmSoft Moblog Home Page - Blog - Photo Gallery
WhmSoft Free Online Games Home Page - Flash Games
WhmSoft Services RSS Feed - Daily Music, Image and 3D Flash Animation
Classical Music with Drum RSS Feed - MIDI and MP3 Files
Classical Music with Drum Podcast Feed - MP3 and MP3 Files
WAP / I-Mode / PDAs - Daily Music, Image and Flash Animation

Home Pages:

WhmSoft Free Articles for Reprint Home Page
WhmSoft Services Home Page - Music and Images
Copyright (C) 2006-2017 WhmSoft - All Rights Reserved.