Friday, January 1, 2010

Home Mortgage Can You Pay Off A Home Mortgage With A Home Equity Line Of Credit?

Can you pay off a home mortgage with a home equity line of credit? - home mortgage

My sister asked me for money for your mortgage. Asked about their mortgage payments, she said, pays its online equity housing. Is it possible to borrow money at your home to pay for your house?

1 comments:

zbikenut said...

If your house was higher than the mortgage credit line, which makes sense. I have a mortgage, but I have a credit line in my house.

Normally, you can make interest payments on a range of equity, if desired. My HELOC is for 5 years the minimum payment is blocked, the monthly interest.

People usually make home loans to pay when you refinance your home.

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