A home equity loan ain't always gonna be your friend, but that doesn't mean you should ignore it. Read up sucka! Learn about your home equity loan and avoid the pain before it begins!
Like your first mortgage, like PITI and fees and that jazz, your home equity loan is gonna carry mountains of charges. Higher rates because of increased lender risk, origination fees, lender fees, points and percentages - keep your head on sucka and know to the dimmity dime what your home equity loans are gonna cost you before you borrow! Chump - get yoself a better home equity loan rate than that!
Think of your home equity loan as a beach - it looks so good! Hot sand, cool water, pretty lady in her mustard socks and her ketchup sash - she's a real hot dog! But while the world is roasting and living it up, the waves kid! The waves keep a crashing! Repayment of your home equity loan will be a continual onslaught pounding your finances into dust unless you take a step back away form those waters and play it safe with your home equity:
Use your home equity loan to your greatest advantage - take the pain to the street and let the world know just how bad you are and how tough you can be! Home equity will make your finances strong.
The first names PITI, middle name the, and the last name's fool - Thats PITI The Fool, chump! I be takin all the mortgage problems of the world and shoving it right in your punk mouthy! Because with over $1 trillion in mortgage debts balancing at the precarious edge of financial responsibility, apparently the message isn't getting through. You can take out a home equity loan with adjustable rates for 100% of your equity, but should you? 99% of the time that answer is no, and so many home buyers today are getting to caught up in the excitement of the times to consider their obligations and make smart financial decisions. Now I've had enough of your poor-house jabba - Im gonna bring the PAIN! You can't hope to pay off a home improvement loan and enjoy those improvements if y'all can't keep up with yoru first mortgage to begin with! Thanks crazy talk, thats the talk of a dead man.
