Q&A
Asked by melvin-taylor
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Answered by melvin-taylor
What happens to the equity that is in the ones home if not utilized: ex: I took out approximately 100K in 2005, and left another 100K in equity. My question is what h...
Q&A
Asked by an anonymous user
Answered by Justin Clark
Mortgage Professional in Moreno Valley, CA
A line of credit is interest only. You DO have to make payments though. If you borrow the max amount that you are allowed on your Line of Credit,, then the only way yo...
Q&A
Asked by an anonymous user
Answered by Ted Rood PRO+
Mortgage Professional in Maryland Heights, MO
I presume you own your townhome free and clear, and, if so, that's your strongest factor. Your income, while not exceptional, may be sufficient to qualify if you have...
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