Home Equity Loans - More Information
Getting advice and counseling.
you need to talk to someone about your home equity loan, the best
place to start is often with a friend or a family member who has
taken out a home equity loan. Ask them about their experience and
tell them about the home equity loan you are considering. You can
benefit from their advice and recommendations and they can evaluate
the loan you are considering.
You can also get counseling for free. The U.S. Department of Housing
and Urban Development, HUD, sponsors housing counseling agencies
that provide free counseling services. Counseling services can help
with any part of your loan process including reviewing your financial
situation, reviewing your loan terms, informing you of your rights
and directing you to legal services. More
on free counseling.
Of course, lawyers, tax experts and financial advisors can also
give you information in their areas of expertise about your home