All Questions
2
questions
1
vote
1
answer
345
views
Buying a house with credit line and getting a mortgage later
We are considering buying a house for about $150-160 thousand.
We recently moved, and my wife has been on maternity leave benefits for a year now. So, proof of income is basically non-existent.
We ...
- 147
8
votes
2
answers
496
views
Cash out retirement account or sell and downsize the house to pay off line of credit?
I am in my mid 40's and I have an outstanding secured line of credit with a large balance that I want to clear.
I can only come up with 2 scenarios to clear this amount based on my home equity and ...
- 81