New 1st Lien HELOC (All-In-One Loan) with Caeli Ridge - Ep. #240

New 1st Lien HELOC (All-In-One Loan) with Caeli Ridge - Ep. #240. HELOC Vs Home Equity Loan: Which is Better?

New 1st Lien HELOC (All-In-One Loan) with Caeli Ridge - Ep. #240 video duration 40 Minute(s) 52 Second(s), published by Get Rich Education on 13 05 2019 - 08:13:29.

More people are renting
The homeownership rate has declined to 64%, from 69% in 2005
Credit score “inflation” has occurred due scoring model changes and Alright, we get it
I shouldn't have called it a scam inand maybe we should of done a bit more research on this whole paying your mortgage off in 7 years thing .

Why Homeowners Need Cash: Many homeowners, at some point in their lives, need extra cash
The reasons people need a quick cash infusion could be one of More people are renting
The homeownership rate has declined to 64%, from 69% in 2005
Credit score “inflation” has occurred due scoring model changes and What is the difference between a HELOC (Home Equity Line of Credit) VS a Home Equity Loan? Are they the same thing? Which is Better? We'll address those .

More people are renting. The homeownership rate has declined to 64%, from 69% in 2005. \r
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Credit score “inflation” has occurred due scoring model changes and a strong economy.\r
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The average FICO score is now 704, a record high.\r
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GDP in Q1 grew 3.2% year-over-year, exceeding expectations.\r
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A new program called the Home Select Loan (All-In-One Loan) operates similar to a 1st Lien HELOC.\r
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Ridge Lending Group President Caeli Ridge & I discuss the details:\r
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Line Of Credit for 30 years 80% LTV on home, 70-75% LTV on investment property No principal payments due for ten years Potential interest savings Better liquidity Interest rate based on LIBOR + a margin Use the simulator to see how much interest you save vs. your current mortgage.\r
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I bring you today’s show from Dallas, TX.\r
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Resources mentioned\r
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Mortgage Loans:\r
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RidgeLendingGroup.com\r
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Cash Flow Banking:\r
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ProducersWealth.com\r
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Turnkey Real Estate:\r
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NoradaRealEstate.com\r
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QRP:\r
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TotalControlFinancial.com\r
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JWB New Construction Turnkey:\r
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NewConstructionTurnkey.com\r
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Best Financial Education:\r
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GetRichEducation.com\r
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Find Properties:\r
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GREturnkey.com\r
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