WANT TO PURCHASE
MINERALS AND OTHER
Send details to:
P.O. Box 13557
Denver, CO 80201
Current Issue of 04/08/2020
Earn CASH from this ad and hundreds of others! $5680
paid out in the first month! FREE info pack:
DME, PO Box 366, Sandpoint, ID 83864
INTERESTED IN MAKING MONEY ONLINE?
Never Talk On The Phone.
For Complete Details, Send A SASE To:
Publishers Market Source
P.O. Box 11272
Merrillville, IN 46411
Bad Credit Personal Loan* Since 1998,
Call Us Now 855-484-0500
Make Up To $5000 Weekly!!,
Get the Latest Hot Programs
For FREE information packet,- HI
Send SASE to:
108 CHESTER PIKE, FL 1
COLLINGDALE, PA 19023
SUCCESS * HEALTH * HAPPINESS
A Compilation of Selected Writings
by Allen Flood
E-BOOK NOW AVAILABLE FOR PURCHASE!
FOR A COPY PLEASE VISIT
LEAD LIGHTNING FREE LEADS
Need Buyers? Brand New Marketing System Delivers Lightning Fast Leads and Commissions Daily. http://www.findleadseasy.biz
Clear over $250,000 per year!
Free details for LSASE. Write to:
P.O. Box 320 * Buffalo, NY 14207
OPPORTUNITY TO CUT MTG PAYMENTS
233-01 MENTONE AVE.
LAURELTON QUEENS, NY 14422
Opportunity Mail Magazine
FULL PAGE ADVERTISERS
._0-WANT_TO_PURCHASE_ MINERALS_&_OTHER_OIL_&_GAS _INTERESTS.pdf
00-DALTON-WANTED POSTCARD MAILERS.pdf
11-Dalton 10 2019.pdf
99-Monique's Mail (2).pdf
Opportunity Mail Magazine COVER Page
YOU Can Advertise
In This Magazine
Home Equity Loans
Most of us understand that when someone talks about equity they are referring to something related to finances. That might be the extent of their knowledge though and having a more than passing interest in the business of equity is a good thing.
Equity is defined as the amount of something less any debt. For instance the equity in your home is the value of your home minus any mortgage you have on the home. If your home is worth $200,000 and you have a mortgage owing of $50,000, than your homeís equity is $150,000.
Often home equity loans will be advertised. This is when a lending company offers you the opportunity to take out a loan based on the equity youíve acquired in your property. Some of the reasons that people consider a home equity loan are for remodeling, vacations or to cover unforeseen debt.
If you decide to inquire about a home equity loan itís best to contact a professional in your area who handles these types of loans. Itís always wise when borrowing money to get a few different opinions, and in the case of a home equity loan itís not any different.
Many home equity loans are offered at a smaller than usual interest rate. The main reason for this is that when you take out a home equity loan, your home is used as collateral. The lender sees this as low risk. They want your business and they know that there are many other competing companies who want the same thing.
They will offer you a reduced interest rate to secure your home equity loan. Youíll be given a check for the amount of the loan and the equity you have built in your home can now be used for other things.
One reason that many people take out a home equity loan is to repay credit card debt. Credit cards generally charge a significantly higher rate of interest than traditional lenders do. For a family with several thousand dollars in credit card debt this translates into high payments each month. A home equity loan offers them the opportunity to combine that debt and repay it using the proceeds of the loan.
The interest charged on the home equity loan is much less and therefore they end up saving a large sum of money. Theyíve done that using the equity that theyíve already worked hard to acquire, itís a win-win situation.
Sometimes unexpected things happen in life such as a job loss or an illness and a home equity loan can be a lifesaver in these cases as well. If one partner loses their job, the other may need some financial assistance to keep the family budget balanced. Using the equity in the home helps tremendously with that and the low monthly payments donít break the budget.
The same holds true when one family member is ill. A home equity loan can afford them the time off of work they need to recover. It also can allow other family members the benefit of taking time away from their jobs to care for an ailing loved one. Using your homeís equity in this way is really to the benefit of everyone involved.
If youíve worked hard to build equity in your home and you find yourself in a financial pinch, consider using that equity to its advantage. Talk to a loan professional about all the benefits of a home equity loan.