Consumers seeking home equity loans are quickly finding that it is nearly impossible to get an approval. For those with negative equity loans, this problem is acute. However, the situation with home equity loans is also affecting new home buyers. They are finding it impossible to get this type of loan unless they are able […]
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Home Equity Loans Hard to Come By
Posted on August 22nd, 2008 by Bright Light
Recent data indicates that homeowners are having a difficult time securing home equity loans and may need to apply at many different banks before getting an approval. There are few banks willing to offer home equity loans and the ones that do often charge premium rates for the privilege. Until this changes, home equity loans […]
More Consumers Seeking Home Equity Loans
Posted on August 15th, 2008 by Bright Light
Banks are reporting a sharp increase in the amount of consumers that are seeking home equity loans. It appears as though most are doing so in order to get home improvements done, but at this time, experts are concerned that it may not be a good idea to get a home equity loan, particularly if […]
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