Everything that you must know about home equity loans and lines of credit in one place. Written by an experienced loan consultant, jam packed with over 100 insider tips to save money and get a great rate.
Foreword by Joe Kennedy, former president of E-LOAN.
Suggestions for finding the best lender, explanation of your "ratios", valuation models and the pricing matrix. What "doc types" are, explanation of Stated Income and No Document deals.
Uses for home equity borrowing, risks, and pitfalls to look out for. Includes a chapter on credit and credit reports. How to get the best valuation for your property.
Every homeowner should know and understand the critical information contained in this book.
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