Download Homeowner Loans APK latest version Free for Android
| Version | 2.0 |
| Update | 8 years ago |
| Size | 7.66 MB (8,032,510 bytes) |
| Developer | WebHoldings |
| Category | Apps, Books & Reference |
| Package Name | com.new.newhomeownerloansnew1 |
| OS | 2.2 and up |
Homeowner Loans APPLICATION description
The What and the Why of Homeowner Loans
Homeowner loans are loans that are given to borrowers who own a house. Homeowner loans are secured loans for which the borrower has to offer his house as collateral. If you avail a homeowner loan
against your house which is already mortgaged, then the homeowner loan becomes a second mortgage loan. In such a situation, you can avail a homeowner loan only to the extent of your home equity. Home
equity is the value of your house subtracted by the unpaid mortgage balance. You may avail a homeowner loan amount covering the entire value of the house to repay your existing mortgage. Such a
homeowner loan is called a remortgage loan.
100% free app!
Download Now!
The What and the Why of Homeowner Loans
Homeowner loans are loans That are given to borrowers who own a house. Homeowner loans are secured loans for Which the borrower has to offer his house as collateral. If you avail a homeowner loan
against your house Which is Pre-owned mortgaged, then the homeowner loan becomes a second mortgage loan. In such a situation, you can avail a homeowner loan only to the extent of your home equity.
Home equity is the value of your house subtracted by the unpaid mortgage balance. You may avail a homeowner loan amount covering the entire value of the house to repay your existing ERP mortgage.
Such a homeowner loan is called a remortgage loan.
100% free app!
Download Now!
