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 [ 1 post ] 
 Getting The Best Home Owner Loan 
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Joined: Mon Sep 13, 2010 1:47 pm
Posts: 45372
Post Getting The Best Home Owner Loan
Paul Rogers



There is not a whole lot to finding the best home owner loan that will help you gain the funds you desire. It basically boils down to some homework prior to actually putting your signature on the agreement.

Equity Is Key

Equity can play a very large role in determining whether or not you can get the best loan available. By taking the portion of the home that is already paid for (the equity),and use it to get the loan. The more equity you have, the better the offer you will get. If you have already paid off your home, you will have 100% equity in your home. This will go along way in giving you the best chance of getting a loan as it is the actual value of the property that will be used as the collateral for the loan itself. The higher th value on the property, the better the interest rates and a larger sum that can be borrowed

Rates Do Fluctuate

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Sat Dec 13, 2008 12:05 pm
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