The Home Equity Loan Zone

Foreclosures are up all over the country. In California, they’ve doubled in the past year. And home equity loans are one of the main causes. As the Federal Trade Commission says about home equity loans, “Borrowers Beware.”
Home equity loans and home equity lines of credit (HELOC) are being aggressively promoted in print, in the media […]

Lenders charge higher interest rates and more points to someone with poor credit. That’s just the way it is. So always clean up your credit card report before you apply for a mortgage.
Present your self in as positive a manner as possible. Just by increasing your credit score by 10 points, you may save […]

The mortgage refinance industry is huge and highly competitive. To compete, deceitful lenders will promise you anything – lower interest rates, lower monthly payments, no income checks, free toasters - to get your business and their hands on your money and your home.
But, no matter what these unscrupulous lenders and mortgage brokers promise, there […]