As for why they'd consider a HELOC, it seems most
homeowners like the ability to borrow as needed — rather than a set, large amount.
Not exact matches
Like an electrical switch designed to automatically prevent a power overload, a circuit breaker tax credit is supposed to kick in when
homeowners» property tax burdens overload their
ability to pay.
That fund gives you the
ability to cover unexpected home costs
like a broken air conditioner — or the mortgage payments if you lose your job,
like many
homeowners did during the recession.
Homeowners have access to many financial benefits
like quick and easy equity loans that provide the
ability to borrow a lump sum of cash or to set up a liquid cash line.
The Obama administration has extended several mortgage bail - out programs for distressed
homeowners like the Home Affordable Refinance Program, but very few borrowers were able to qualify for this relief measure that enabled
homeowners that had mortgages owned by Fannie Mae or Freddie Mac the
ability to refinance their under - water loans up to 125 % loan to value.
Homes in markets across the nation have regained value since the recession, affording
homeowners the
ability, once again, to accumulate wealth through equity — or become, as I
like to call it, «equity stacked.»