Weimer Elizabeth Realtor
Surprise, AZ:
Should bond equity be used for debt?
Using the equity in a home loan to cover debt is a big decision for homeowners to make and should not be undertaken lightly.
What is a Second Mortgage? Home Equity Loans
Are you interested in getting a second mortgage, home equity loan or home equity line of credit? Read on to learn about the pros and cons of this line of credit.
3 Things to Know About Paying Off Student Loan Debt
I'm having trouble paying my student loans. Do I have any options?
If you or someone you know is having difficulty paying back student loans, take a look at the government's three income-driven repayment plans. These plans--available only for federal student loans, not private loans--are designed to make your student loan debt more manageable by reducing your monthly payment.
5 Common Student Loan Mistakes
This post has been updated. Please view the latest version: 8 Common Student Loan Mistakes 1) Not figuring out how much you’ll need to pay each month As you’re trying to plan your life after graduation, it’s important that you know how much you’ll need to pay each month toward your student loans soContinue Reading
Is an FHA Home Loan Right for You?
With an FHA loan you don't need great credit — nor a lot of cash — to get into a home. What's the catch?
Advice IQ: Why paying extra on mortgage pays off
Conventional wisdom says that making extra payments toward your mortgage saves interest. True, but that's not all. Increasing your payment also means larger equity value and more money when you're older.
Should you take a 7-year car loan?
A growing number of car loans will take nearly two presidential terms to pay off. Should you take a 7-year car loan? Here are the pros and cons.
Remodeling? Refinancing With a 203(k) Loan Can Help
When your house is in need of some serious TLC, it can be tough finding room in your budget for renovations and repairs. One way to pay for those projects is by refinancing your home with a Federal Housing Administration-backed 203(k) loan. The FHA provides mortgage insurance on loans originated by lenders, backing them financially...Read More
Can’t Get a Bank Loan? The Alternatives Are Expanding
New alternative lenders are offering a path between banks, which lend primarily to the most creditworthy small businesses, and cash advance lenders, which thrive on subprime candidates.
Where To Find Help With Your Federal Student Loans
You received a federal student loan and now it’s time to repay it. If you’re like most student loan borrowers, you may find the repayment process a little overwhelming. But you have an important resource—your student loan servicer—to help you navigate the repayment process. What is a loan servicer? A loan servicer handles the billing and otherContinue Reading
When your Social Security check disappears because of an old student loan
How older Americans are suffering under the weight of student loan debt
Consolidating vs. refinancing student loans: 5 things to know
Taking out student loans is easy. Deciding whether to refinance or consolidate them isn’t.
Student Loan Debt Doesn’t Have to Stop Retirement Savings
Paying down student loan debt is hard enough without worrying about saving for retirement.
Finding Home Loans for Bad Credit (Yes, You Can)
Finding home loans for bad credit isn't for the faint of heart, but there's good news if you're wondering how to buy a house with bad credit. You can!
Want to succeed in the future? Establish high-value loan relationships
Shopping behaviors differ among loan categories, Filene research reveals. But on average, less than half of members compare loans from different institutions. Credit unions will rely on member relationships to steer the ship into the next decade, but the tide is turning—and fast. Today’s low-rate environment could persist for years. That’s why more consumers shopping …
Is student loan debt really stopping people from buying homes?
Does student debt derail young people from the American dream of owning a home? That depends on which headline you click.
Equity loan or line of credit?
If you own a home, you can borrow against the equity of the home with either a loan or a line of credit. The equity in your home is the difference between what your home could sell for and what you owe on the mortgage. With a home equity loan, the lender advances you the... Read more »
The Pros and Cons of a Home Equity Loan
Understand the pros and cons of home equity loans before you decide to pursue one.
Are Home Equity Loans a Good Idea?
You want to take out a home equity loan to pay for some things that you don’t have cash for. Expert, Gary Herman, let’s you know if it’s a smart idea.
Should I use a home equity loan to pay for college?
The pros and cons of using a HELOC to pay for college.
