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I’m 62, living in Chicago, Illinois. I own my home outright. It’s worth $120,000-150,000 in it’s present shape. I’m looking for a $50,000, ten year loan to make city ordered repairs to my roof and.
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Home Equity Loan | FinanceSource.com – The home equity loan itself is based on how much equity, or value you have in your home. For example, if you own your home outright and it has a value of $135,000, that’s how much equity you have. Key tips for when you want to get a home equity loan: Make sure that you shop around and get at least 2-3 quotes so that you can compare your options.
7 Easy Ways to Pay Off Your Mortgage Early | DaveRamsey.com – According to the Urban Institute, more than 26.9 million Americans own their home outright. Some bought their homes with cash, while others whittled away at their mortgages year after year until they were goneMaybe you worked with a great real estate agent and got a deal on your home, but-like two-thirds of American homeowners-you had to take out a mortgage to finance the purchase.
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