Real estate blog entries tagged with heloc by Blown Mortgage

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Home : Blogs : Morgan Brown : Morgan's Blog : Tag "heloc"

heloc: Taking advantage of convertible home equity lines of credit - 08/27/07 12:36 PM

Home equity lines of credit (HELOCs) have lately been maligned with unsustainable mortgage equity withdrawal (MEW) financing such essentials as two-week long vacations, German-imported vehicles, requisite granite counter tops and travertine flooring; however, HELOCs are a useful and important financial vehicle available to home owners. Their importance escalates in times of tightening credit and stable/declining home values. In this three part series we examine some of the important features that home equity lines of credit offer to homeowners as part of a strategic home financing plan. We’ll examine the following three features in this series:
Convertible HELOCsTrue no-cost HELOCsEquity protection & … (1 comments)

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