Obtaining a Home Equity Loan Online

Private lenders, banks, and mortgage companies are all setting up shop on internet, and all make it possible to obtain a home equity loan online. Competition between lenders is stiff, so be sure to check a few companies that offer applications about their rates, products, and customer service.

A mortgage site that provides a home equity loans will also give more detailed information for typical uses of a home equity loan. Many people choose to get a home equity loan in order to consolidate existing debts- such as credit cards, loans, educational expenses, and car payments. Home equity loans are also used in order to finance home improvements that you'd like to make but don't have cash on hand to pay for them, since loans tend to be more economical than some of other options for obtaining financing.

Brain Snappers and Other Wall Street Nonsense

Brain Snappers and Other Wall Street Nonsense by Al Thomas The last time you spoke with your broker did he use any of following words? Diversification, Price-to-earnings ratios, discretionary trading, lifting a leg (he’s talking to you not your dog), leverage, divergence, fee-based compensation, escalator clause, tactical asset allocation and other mesmerizing words to place you in stupefying shock. Brokers do that to let you know that you don’t know anything about market and you must allow them to make decisions for you. You don’t know language. You are just too dumb. Another mushroom. Wadda ya’ mean mushroom? Didn’t you know? Most customers are considered mushrooms. A mushroom is grown in dark and fed horse manure. Now you understand why they treat you that way. Then try to get him to explain commission structures of mutual funds. Oh, you’re not allowed to ask that. You might want to read page 35 in January 31, 2005 issue of Newsweek magazine for an excellent breakdown of this Wall Street scam. Maybe you better not. You will get mad at your broker. Another one of those big words they don’t want to discuss is redemption fees. This is an extra charge of as much as 2% of amount that is deducted from your check if you sell within a certain period of time. Brokerage companies tell