- Should I take out from my home equity line of credit to pay off my mortgage?
- Should I take out a 2nd mortgage or home equity loan to pay off credit cards?
- Should I refi my home at lower rate(1%) lower and take cash or should I wait and use money from equity LOC?
- Want to consolidate my debt to make one payment .Should I get a Home Equity Line or Loan of credit?
I want to remodel my home, should I take out a home equity from a credit union or mtg. co. (GMAC)?
27
Feb
Julie
February 27, 2010 at 4:15 pm
Hi,
It’s better to go for home equity for home remodeling. Checkout http://homefunding.consumerplanet.info for finding low interest housing equity loans to suit your budget. Good luck
heybulldog
February 27, 2010 at 4:41 pm
Neither! Save up and use cash. If you put the money on your house and something happens, like you lose your job or something, then they will come and take your house.
The goal here is to pay off your house not keep adding to the cost/debt.