Comments on: Taking advantage of convertible home equity lines of credit

By: movers boston

movers boston — Thu, 14 May 2009 10:04:43 +0000

a lot of people are taking chances with HELOC simply because it has lower interest rates and longer terms of payment..

By: Lee Matthews - Financial Concepts West

Lee Matthews - Financial Concepts West — Wed, 12 Dec 2007 23:20:33 +0000

“On a million-dollar loan this change represents a 23% increase to the monthly payment. This has effectively locked high-end property owners out of the refinance or purchase markets.”

Property owners in this predicament will be very interested in using their HELOCs to rapidly accelerate their home equity — they can do this without refinancing and with little or no change to their lifestyle. There is nothing better than paying off a 30 year million-dollar loan in 1/3 the time. The savings in interest payments are HUGE!

By: 2007 September 22

2007 September 22 — Sat, 22 Sep 2007 21:20:47 +0000

[...] a brief primer on HELOCs please visit my first post about using Convertible Home Equity Lines of Credit to lower your overall interest rate expense when financing loan amounts over $417,000 (also known [...]

By: The Odysseus Medal: “Government was never intended to bail out corporations” | BloodhoundBlog: Real estate marketing and technology blog | Realtors and real estate, mortgages, lending, investments

Mon, 03 Sep 2007 19:59:09 +0000

[...] Black Pearl Award this week goes to Morgan Brown’s Taking advantage of convertible home equity lines of credit, which teaches us how to encumber a Jumbo-priced property without a Jumbo loan: Instead of taking [...]

By: The People’s Choice Award voting is open: Vote for your choice of the best RE.net posts this week | BloodhoundBlog: Real estate marketing and technology blog | Realtors and real estate, mortgages, lending, investments

Sun, 02 Sep 2007 19:02:43 +0000

[...] Morgan Brown, Taking advantage of convertible home equity lines of credit [...]

By: Morgan Brown

Morgan Brown — Tue, 28 Aug 2007 04:55:39 +0000

Thanks Hezekiah, I appreciate the kind words – I will try to get it out to as many people as I can.

Morgan

By: Hezekiah King

Hezekiah King — Tue, 28 Aug 2007 03:15:02 +0000

Thanks Morgan:

It’s ashamed that more people who are about to face devastating ARM resets can’t see this post.