http://www.hughesmews.com Mon, 13 Feb 2012 06:00:14 +0000 en hourly 1 http://wordpress.org/?v=3.3-beta4 http://www.hughesmews.com/loan-2/what-is-a-home-equity-loan-and-what-is-the-process-to-applyingbeing-accepted-for-one/ http://www.hughesmews.com/loan-2/what-is-a-home-equity-loan-and-what-is-the-process-to-applyingbeing-accepted-for-one/#comments Thu, 01 Dec 2011 01:02:22 +0000 admin http://www.hughesmews.com/loan-2/what-is-a-home-equity-loan-and-what-is-the-process-to-applyingbeing-accepted-for-one/ [...]]]> I paid roughly $ 90,000 for my home. It was a TLC home and I’ve fixed it up in the past 9 years dramatically. New roof, new walls, siding, porch, heating system, well etc. My home and property was valued at $ 275,000 last year. Does equity play a part in this. Am I eligable for an equity loan? I don’t want to go into it without fully understanding what it is–I also don’t want to go to my banker with stupid questions….Another thing. Im looking to build my own home–hence the loan inquisition.

]]> http://www.hughesmews.com/loan-2/what-is-a-home-equity-loan-and-what-is-the-process-to-applyingbeing-accepted-for-one/feed/ 2