Three Day Cancellation Rule of Home Equity Loans

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What is the Three Day Cancellation Rule? This federal rule gives you three business days, including Saturdays, but NOT Sundays, to reconsider a signed credit agreement that is secured by your primary residence and allows you to cancel the agreement without penalty or penalty. The Three-Day Cancellation Rule applies to manyContinue Reading

What is a Home equity?

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Home equity is the market value of the property you own minus the loan balance on the property. If you want a higher equity value on your property, you need to reduce the loan balance on the property on the one hand and increase the market value of the propertyContinue Reading