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Home Equity Line (introductory

Home Equity Loans at NetBank -- PERSONAL FINANCE > LOANS > HOME EQUITY You've worked hard to build equity in your home - now may be the time to use it. Featured HELOC Rate APR* Home Equity Line (introductory rate fixed for 6 months as low as 7.25% APR thereafter) 6.25% (Intro Rate) Home Equity Loan 6.75% How muchwill my payments be? More home equity calculators and guides Cash in on your home's equity and... Pay off high interest credit card debt Renovate your house, build a pool or buy a boat Pay for education expenses or go back to school Have some fun and go on the vacation of your dreams Plus, save at tax time; the interest you pay may be tax deductible* With potential tax advantages, and interest rates lower thanmost other kinds of consumer credit, equity products are smart,powerful tools that can help manage one of your most important assets- your home. Determine the best solution for you: Home Equity Line of Credit Home Equity Loan Interest-only payments for the first 10 years Open end line of credit with flexible, convenient access to your funds No application fee or lender closing costs Credit lines up to $250,000 Fixed payment and rate 5-, 10- and 15-year fully amortizing loan terms available Minimum loan amount as low as $10,000 Borrow up to 100% of the value of your home Loan amounts up to $200,000 Apply how you want, when you want: Apply online Available anytime, any day of the week Call 866-461-5028 Monday - Friday, 8:30 AM - 6:00 PM (ET) Already started the loan process? Click here to complete your application Learn More Important Notices *APR varies according to your credit history and other factors. Homeowners insurance is required. Document stamp costs as well as recording fees and taxes for your county/state may apply. Maximum APR for a Home Equity Line of Credit is 18%. Following are examples of the APR and monthly payments for a 5-, 10-, and 15-year home equity loan (assuming a $50,000 loan amount with 10% equity): For a 5-year term, the APR is 6.352%** with 60 monthly payments of $19.50 per $1,000 borrowed; For a 10-year term, the APR is 6.187%** with 120 monthly payments of $11.20 per $1,000 borrowed; For a 15-year term, the APR is 6.132%** with 180 monthly payments of $8.50 per $1,000 borrowed. * Consult your tax advisor. ** As of 2/7/05 View Application Status About Us | Privacy | Security | Careers | Contact Us | Locator | Site Map 2005 NetBank, Inc. All Rights Reserved.

Real Estate Loan

Mortgage Rates, Home Loans, Home Equity Loans, Debt Consolidation and Bad Credit Loans - HomeLoanCenter.com Mortgage Refinance Home Equity Loans Home Purchase Credit Concerns Debt Consolidation Check Loan Status Loan Calculators Rate Quote Rate Watch FAQs Find the Right Loan 5 Reasons to Refinance Home Buying Tips Mortgage Terms Glossary Get Loan Approval in Minutes. Qualifying is Quick & Easy. -- Choose Your Loan Type -- Refinance Purchase Home Equity Loan -- Choose Your State -- AK AL AR AZ CA CO CT DC DE FL GA HI IA ID IL IN KS KY LA MA MD ME MI MN MO MS MT NC ND NE NH NJ NM NV NY OH OK OR PA RI SC SD TN TX UT VA VT WA WI WV WY Our Mortgage Calculators will help you find the right loan. How Much Can You Afford? How Much Equity is in Your Home? How Much Could You Save? What Will Your Monthly Payment Be? Hsieh Joins Expert Panel on CNBC Anthony Hsieh appears on a special edition of CNBC Primetime with a panel of residential real estate industry experts. Anthony Hsieh, on CNN's Open House Hsieh appeared as a guest speaker on CNN's Open House to discuss good housing debt versus bad housing debt. Click below for a Personalized Payment and Rate. Option ARM 1.000% 1.106% 1 Month ARM 2.000% 2.116% 3/1 Libor ARM 5.000% 5.149% 15 Year Fixed 5.125% 5.384% 30 Year Fixed 5.625% 5.782% 30 Yr Fixed Jumbo 6.125% 6.289% Assumptions Site Map | About Us | Contact Us | Business Hours | Careers | Privacy Policy | Our Guarantees | Licensing | Legal Information Loan Payment Calculator | Mortgage Refinance | Home Equity Loan | Home Purchase | Adjustable Rate Mortgages | Second Mortgage Tools & Resources | Mortgage Interest Rates | Home Loan | Equity Loan | Debt Consolidation © 2005 Home Loan Center, Inc. All rights reserved. Loan programs are offered by Home Loan Center, Inc.

Buy House

Amazon.com: House of Sand and Fog [SOUNDTRACK]: Music Your Store Music See All 32 Product Categories   Your Account | Cart | Wish List | Help | advanced search | browse styles | classical | top sellers | new & future releases | music you should hear | blowout music | used music | free downloads Search Amazon.com Popular Music - Artist Name - Album Title - Song Title Used Music Classical Music Music Downloads Web Search Join Amazon Prime and ship Two-Day for free and Overnight for $3.99. Already a member? Sign in . MUSIC INFORMATION Explore this album buying info see track listings editorial reviews customer reviews RATE THIS ALBUM I dislike it I love it! 1 2 3 4 5 Edit your ratings Sign in to turn on 1-Click ordering. A9.com users save 1.57% on Amazon. Learn how . 62 used & new from $10.89 Have one to sell? House of Sand and Fog [SOUNDTRACK] James Horner List Price: $17.98 Price: $17.98 & eligible for FREE Super Saver Shipping on orders over $25. See details . Availability: Usually ships within 24 hours 62 used & new from $10.89 See more product details Better Together Buy this album with Angels in America [Soundtrack] ~ Thomas Newman (Performer)today! Buy Together Today: $36.96 Customers who bought this title also bought: The Village (Score) [Soundtrack] ~ James Newton Howard (Composer), et al Road to Perdition [Soundtrack] ~ Thomas Newman (Performer), et al Iris (2001 film) [Soundtrack] ~ James Horner, Joshua Bell (Performer) The Horse Whisperer: Original Score [Soundtrack] ~ Thomas Newman Message In A Bottle: Original Motion Picture Score (1999 Film) [Soundtrack] ~ Gabriel Yared (Composer), et al Finding Neverland [Soundtrack] ~ Jan A.P. Kaczmarek (Composer), et al Far from Heaven (Score) [Soundtrack] ~ Elmer Bernstein (Composer) A Beautiful Mind: Original Motion Picture Score [Enhanced] [Soundtrack] ~ James Horner Explore Similar Items : 20 in Music What similar items do customers ultimately buy after viewing this item? 20% buy Searching For Bobby Fischer (1993 Film) ~ James Horner (Composer), James Horner (Conductor) 19% buy The Missing (Score) ~ James Horner (Composer), James Horner (Conductor) 17% buy Beyond Borders ~ James Horner (Composer), et al 12% buy this item(House of Sand and Fog~ James Horner (Composer) 6% buy The Last Castle ~ Jerry Goldsmith (Composer), et al 5% buy The Cell (2000 Film) ~ Howard Shore 3% buy The Game ~ Howard Shore Explore Similar Items : 9 in Music Product Details Essential recordings: James Horner Audio CD (December 9, 2003) Number of Discs: 1 Label: Varese Records Format: Soundtrack ASIN: B0000YEF20 Average Customer Review: Based on 5 reviews. Write a review . Amazon.com Sales Rank: Today: #15,390 in Music Yesterday: #103,294 in Music Customers interested in James Horner (Composer) may also be interested in Sponsored Links ( What's this? ) Feedback James Horner Sheet Music Titanic, Legends of the Fall and more. 387,000 titles. Fast. Go now! www.SheetMusicPlus.com Track Listings 1. An Older Life 2. The Waves of the Caspian Sea 3. Old Photos, New Memories 4. This Is No Longer Your House 5. Two People 6. Kathy's Night 7. Parallel Lives, Parallel Loves 8. Behrani's Thoughts - Long Ago 9. Break-In 10. The Dreams of Kings 11. The Shooting, A Payment for Our Sins 12. We Have Travelled So Far, It Is Time to Return to Our Path 13. A Return to the Caspian, And to the Iran of Old Editorial Reviews Amazon.com A California real estate dispute may hardly seem the foundation for riveting drama, but in director Vadim Perelman's adaptation of Andre Dubus II's novel it becomes an unflinching, yet crucially non-judgmental study of disparate characters caught up in a spiraling conflict where home is considerably more than a place to live. Composer James Horner takes the medium-budget project as an opportunity to break with much of the melodic expectations of his Hollywood fare, coloring the film's more personally-scaled drama with an introspective score that turns on masterful musical evocations of mood and emotion. Horner begins with a deft electronic/orchestral synthesis ("An Older Life") that both recalls some of T-Dream's more evocative cinematic moments and subtly sets up the score's melancholy emotional tone. From there he relies heavily on autumnal, string writing (reminiscent of Copland and Barber) and spare piano flourishes, seasoned with inventive rhythmic touches, to carry its moody tone forward. While it may draw on some of the same minimalist and post-modern influences as A Beautiful Mind , it has a wholly different emotional cast; a dark, but deeply rewarding musical journey. --Jerry McCulley Spotlight Reviews (What's this?) Write an online review and share your thoughts with other customers. 10 of 10 people found the following review helpful: Great return to form for Horner , January 8, 2004 Reviewer: James Luckard (Los Angeles, CA)- See all my reviews I agree with the previous reviewer. I used to be a huge Horner fan and picked up most of his new albums until about five years ago, when I felt he lost his magic. Most of his recent scores have sounded like they were on autopilot, and I still remember my horror at seeing Enemy at the Gates and hearing his main theme, also known as the main theme from Schindler's List. Now, I know, there are a thousand arguments about why film music is not always meant to sound totally original, and that Williams may have even borrowed some of his Schindler's melodies from elsewhere. It's all a matter of personal taste and I just haven't been moved by a Horner score for a while. When I saw this beautifully crafted film, however, I was struck by the simplicity and emotional depth of Horner's work. It reminds me a great deal of his beautiful score for Deep Impact. I was also glad to not hear tunes he'd used previously elsewhere. Although this doesn't have any of the driving, epic, thematic music Horner became a star for, like Titanic, it's a hauntingly beautiful work and is certainly worth picking up, especially for the wrenching final half-hour of the film, which is almost entirely scored. Was this review helpful to you? ( Report this ) 16 of 16 people found the following review helpful: James Horner's best work in a long time. , February 15, 2004 Reviewer: Richard Stoehr "Differed From" (Bremerton, WA USA)- See all my reviews Even a diehard James Horner fan (like me) has to admit that, for the past few years, Horner has been skating by. With the scores for "Enemy at the Gates", "Radio", and "A Beautiful Mind", among others, Horner borrows heavily from himself and regurgitates old themes and progressions. Even the score for which he's perhaps best-known -- the Oscar-winning "Titanic" -- is heavily derivative of his own previous work. Finally, with "House of Sand and Fog," Horner has given us something to treasure again: an original, moving score for a great film. Listening to this music, I am reminded why I started following Horner's work so long ago. His subtle touch and avoidance of a "catchy" theme is evident in every track. Among my favorite pieces are "Two People," "The Dreams of Kings," and "Old Photos, New Memories"... but really, every song is a good one, and the album as a whole can be numbered as one of Horner's true masterpieces. What I admired most about it was that Horner was able to abandon the style he has adopted for most of his recent work and just let the spirit of the film take over. Good film music is all about making music which evokes the right emotion for the film it accompanies, and the music for "House of Sand and Fog" does that perfectly, not only going along with but enhancing the feeling of each scene. The fact that the music is a joy to listen to on its own just makes it that much better. Listening to James Horner's score for "House of Sand and Fog" reminds me of when I first listened to "Glory" and "Field of Dreams" and "Sneakers"... not because these scores are similar, but because they are all unique. They all bear the mark of James Horner, but it is Horner at his original and emotional best, and James Horner at the top of his game makes for some wonderful music. Was this review helpful to you? ( Report this ) All Customer Reviews Average Customer Review: Write an online review and share your thoughts with other customers. 5 of 5 people found the following review helpful: Serves the Movie Well , July 16, 2004 Reviewer: Robert Stribley (The Deep South, United States)- See all my reviews I agree with many here who say that much of James Horner's music has sounded the same of late, but that this soundtrack is exceptional. Quiet, elegant, melancholy, moving: not words you'd use to describe a movie soundtrack, especially a wide-release flick like this, these days. I even agree that some of the pieces remind me of Gorecki. "The Waves of the Caspian Sea," for example, sounds remarkably like the Polish composer (one of my favorites, too), to the point that I almost expect to see his name in the credits. Overall, truly haunting and beautiful. Was this review helpful to you? ( Report this ) 6 of 6 people found the following review helpful: One of the best of 2003 , March 26, 2004 Reviewer: A music fan James Horner has never been my favorite composer. I think he borrows heavily from himself without ever stating anything new. This isn't always a problem if the composer takes his "internal themes" and transfers in an invigorating way to new material. But for me, Horner doesn't do that. With this score for THOSF, Horner really hits one home. I actually had to look at the cd just to make sure it really said "music composed by James Horner", this is so beautiful and different for him. As others have said, all of the tracks really are beautiful. This isn't the type of score you put on as background music nor something you listen to to Not think. This score is emotive and heavily melancholic. It reminds me of Gorecki's Symphony No.2, and if you know that piece of music, you know there's no a higher compliment I can pay this score. (BTW, if you're interested in a composer doing new and exciting things check out Danny Elfman's score for The Hulk, his score that should've been nominated over his mediocre one for Big Fish.) Was this review helpful to you? ( Report this ) 11 of 11 people found the following review helpful: OSCAR CONSTENDER!!!! , December 10, 2003 Reviewer: A music fan (somewheres) This soundtrack is deep in emotion, but extremely subtle and "underplayed"- a beautiful and very relaxing work. Listen to it in the dark! It is come of the most calming music! And for all you Horner fans out there - he does not borrow any real theme or even transitions (until the 15 minute track - "the Shooting, and Payment for our sins" where there is actually one statement from the missing score). Other than that his style is pretty much the same even though a lot less melodic and more like Lisa Gerrard's WHALERIDER, or DRAGONFLY by Debney. The instruments used are piano (there is wonderful piano solo in "TWO PEOPLE", string orchestra with synths and a tiny bit of oboe and flute. Also a neat touch for the tension motif is the plucking of strings along w/ timpani! If you like darker, ambient and personal scores get this today!!!! Was this review helpful to you? ( Report this ) See all 5 customer reviews... Customers who bought titles by James Horner also bought titles by these artists: Hans Zimmer John Williams Jerry Goldsmith Alan Silvestri Thomas Newman Explore similar artists So You'd Like To... See the 47th Grammy winners (Soundtracks, Children & Misc.) :by Peter Hilgendorf , Amazon.com Sr. Music Editor See the 2004 Oscar Winners and Nominees on DVD :by Doug Thomas , DVD Managing Editor, Amazon.com See the 2004 Academy Award Winners & Nominees :by Joe , Movie Lover Listmania! 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land loan products are

Viewpoint Paid Discussion: Mortgages and Investments Wednesday, August 17, 2005 at 1 p.m. ET I'm interested in hosting a Viewpoint paid discussion Viewpoint discussion archive Welcome to Viewpoint, a live discussion forum on washingtonpost.com. This forum offers washingtonpost.com sponsors a platform to discuss issues, new products, company information and other topics. Mortgage Loans and Investment Properties Interested in a mortgage, home equity or refinance loan? Want to learn more about investment properties? Lonnie Cooper, top producer at Absolute Mortgage Co., was online Wednesday, August 17 at 1 p.m. ET to discuss mortgages, the recent interest-only craze or the ins and outs of investment properties. Lonnie Cooper is a senior loan officer at Absolute Mortgage Incorporated in West Chester, Pennsylvania. Lonnie closes approximately $7 million per month in mortgage volume over the past four years. Before coming to Absolute Mortgage, he worked as a loan officer at Independence Mortgage Group and was made partner. Lonnie also owns several rental properties and can provide suggestions and solutions for being a landlord. Lonnie is a graduate of Penn State University. The transcript follows. _______________________ washingtonpost.com: Welcome to Viewpoint. Our guest today is Lonnie Cooper with Absolute Mortgage Co. to answer your questions about loans, mortgages and investment properties. Let's get started! Lonnie Cooper: Lets do it. _______________________ Oaks, Pa.: How do you close so many loans each month? Lonnie Cooper: Hello Oaks, I close approximately 35-40 mortgages each month. _______________________ Washington, D.C.: Hi Lonnie, Thanks for taking my question. My husband and I have been in our house for about a year. We recently received a notice from our mortgage company that basically said our escrow amounts hadn't actually covered everything that the escrow pays for (taxes and insurance). So, we had a shortfall, and we should send in a large chunk of money so our mortgage wouldn't increase by $150 a month beginning in October. Okay. So, even if we do send in the large amount, our mortgage is still going to increase by about $70 because of our increased county taxes. Now, I'm a newbie at this, but is this normal? Does this happen to other people, etc.? Does everyone's mortgage increase when their county taxes increase? We have a 30-year fixed mortgage by the way. I'm sure I sound like a complete idiot, but any insight you could share would be great, since in the past we have had ZERO response from our mortgage company when we've had questions. Lonnie Cooper: I'm sorry to hear that you are getting zero response from them. Taxes often go up and unfortunately the lender has to re-structure your escrow account accordingly. You certainly don't sound like an idiot. _______________________ Washington, D.C.: I keep on hearing that interest only loans are a bad choice and that people are using them to afford homes they could not with a traditional 30. What do you think? Lonnie Cooper: Interest only loans are very popular right now. Unfortunately, many people are taking them for the wrong reason. If used properly by the right person, an interest only loan can make sense. In the current housing market, homes are becoming less and less affordable and an interest only loan is the only way that many people can qualify for the loan. My personal opinion is that if you can't make at least the amortizing arm payment (meaning principal and interest) then you probably are looking at too much home. _______________________ Edgewater, Md.: I am in the process of buying a house that I think we will have for a long time, but I am thinking about starting out with an interest only loan with a 7 year arm and refinancing at some point to a 30 year mortgage. Do you think this is the wrong approach? Lonnie Cooper: I do think it is the wrong approach. Rates are at an historical low. 7 years from now you very well may be looking at not only a large rate spike but also a much bigger payment when the principal is also involved. _______________________ Fairfax, Va.: I have a home equity loan and I am maxed out at $100k. I want to extend that to upgrade my house. Do I have to totally apply for a new loan or can I just ask the bank to extend the line of credit? Lonnie Cooper: Hello Fairfax, Often the lender that you have with the existing home equity loan will allow you to extend it. _______________________ Arlington, Va.: What is the best loan product for new construction that will not deliver until mid-spring 2006? We would like to lock in our rate asap but do not know what is the best. Thank you. Lonnie Cooper: Hello Arlington, Many builders have special deals with local banks and their own mortgage companies. They offer long term locks for your situation with a variety of options. Regarding the product, my answer would be the same for you even if you were closing in 30 days- Take an arm if you know that this isn't your 'long-term' home or go with a fixed if it is. _______________________ Camarillo, Calif.: What is your opinion on mortgages for retired people? Your opinion on paying cash for property or financing it? Thank you. Lonnie Cooper: Hello Camarillo, I often get asked by people in the 70's and 80's whether or not they can apply for a 30 yr mortgage. Even though lenders can discriminate for income, credit, employment etc, they can't discriminate for age. So, that being said, if you need the money take it. Mortgage money is the cheapest out there. There are reverse mortgages out there as well for retirees. They often make sense as well. "Cash is king" as they say- but if you have it and it helps you sleep at night paying for your home outright is a wonderful feeling. (Or so I've heard) _______________________ Rockville, Md.: Hi Lonnie, I am a consultant and have a 2-3 year assignment that will keep me in Baltimore during the work week. I currently own a home in Rockville and have a roommate. Recently, I have been thinking about buying a place in Baltimore and also getting a roommate there to help pay for the mortgage. What are the implications of borrowing equity from my current home to buy the new home? What are the tax implications of actually residing in both homes? -Sandra Lonnie Cooper: Hello Sandra, I try not to give out too much info on tax advice as it often varies from state to state. I believe that the other home needs to be 50 miles from your primary residence to qualify as a 2nd home. If its not, it would be viewed as a rental property- ie higher rate etc. There are definitely deductions available for rental properties - consult your CPA. _______________________ Fairfax, Va.: My primary loan is for $300,000 and is a 30-year. I am looking at getting a vacation property. What can I do to get the best rate on my second property? Lonnie Cooper: Hello Fairfax, If its a true second home aka vacation property, the rate will be identical. If there is plenty of equity in your current home you can take out a line of credit, but they are variable and prime seems to be going no where but up. Our rates are available at www.absolutemortgageco.com and my extension is 104 if you'd like to talk later. _______________________ Goshen, Ind.: Could you please elaborate on what the pros and cons of interest only loans and what is negative amortization? Thank you. Lonnie Cooper: Hello Goshen, I was cut short on my response previously. I'd like to apologize to the submitter of that question. Some quick pros are: 1- They create a significant amount of cash flow 2- They enable you to qualify for more 'house' Cash flow enables the owner to take that difference and invest it into the stock market or pay down other non deductable debts. Cash flow for a real estate investor allows for immediate positive income. Qualifying for more house enables for example a young Doctor get into a larger home knowing that his income will be going up in the near future. _______________________ Washington, D.C.: Is this a good time to look for investment property, even though the market is about to bust? Lonnie Cooper: Investment properties are always available, but because of the national real estate buying craze the 'deals' are much harder to find. Like anything else in life, its a matter of hard work and who you know- meaning get a great realtor and an even better mortgage guy. (Okay so I'm a little biased on this one) Regarding the market bursting- many top analysts feel its going to slow down but not necessarily bust. If your question is would you be buying at the top of the market right now, I'd have to say probably. _______________________ San Diego, Calif.: What is a free float down? Lonnie Cooper: Hello San Diego, A free float down is a product that Absolute Mortgage (the company that I work for) offers along with a few others. Basically its a s simple as "if the rates go lower while you are locked in, you get the lower rate" Its a product that brings a lot of people to us and when the rates go down, people love benefitting from it. It basically makes locking in a win-win _______________________ Falls Church, Va.: Does Absolute Mortgage offer long-term interest only loans and are these available on investment properties? Thank you. Lonnie Cooper: Yes, we offers long term interest only loans. These come in quite a variety. They can be fixed/adjustables that are fixed for the first 10 years or 30 years fixed that are interest only for the first 20 years. There are some that are interest only for all 30 as well. The rates obviously vary on all of these. Yes, we have I/O loans for invest. properties as well. _______________________ Bethesda, Md.: I was looking to buy a plot of land for a second home sometime down the road. What type of land loan products are available and do you offer such a mortgage? Lonnie Cooper: Hello Bethesda, There are many land loan products out there. The majority of them are not 30 year fixed loans, but realistically if you are building on the land in the future you wouldn't want one anyway. Local banks are often the best for this. We don't offer them. _______________________ Reston, VA: Is there a hard-fast rule about refinancing? I thought there used to be a rule that if rates .5 point below your rate you would refinance. Is that still a good rule? Lonnie Cooper: Hello Reston, Thats a great question. The old 'rule of thumb' was that the rate had to be 2% lower. That is certainly no longer the case. We offer what is called a 'True No Cost" mortgage where you can refinance with no costs at all. The costs are not rolled into your principal balance- we pay them. As an example- if you have a 30 yr fixed today at 6.0% and you owe 200k then at todays rate of 5.5% it probably wouldn't make sense to refinance with a traditional closing cost loan. However with a 'True No Cost' loan at say 5.875% you'll save thousands over the life of the loan for simply signing your name. _______________________ Yardley, Pa.: Hello Lonnie, I recently purchased a new home and would like to refinance the 2nd loan for Home Improvements. How long would I have to wait in order to accomplish this? The home was purchased for $279k, but with the right repairs and can be valued at $350k. Christian Lonnie Cooper: Hello Christian, Most 2nd mortgage lenders have at least a 6 month "seasoning" rule for 2nd mortgages in that they won't let you take out a new 2nd based on your new/higher value. We have some products with no seasoning that would allow you to accomplish what you are looking for. Yardley is fairly close to West Chester, Pa. feel free to stop in. _______________________ Front Royal, Va: I have a rather high fixed rate mortgage currently and I am looking to refinance. I have one negative on my credit report which is probably a few months away from coming off which would greatly increase my credit scores. Would you recommend waiting until my credit is clean or refinancing now to take advantage of these great rates. My average score is 674 but should be in the mid 700's. Thanks. Lonnie Cooper: Hello Front Royal, Great question. You guys are full of the. With a 674, I'd recommend giving the refinance a shot now. With the right amount of equity in the property and assets in reserve you very may still be approved. _______________________ Ponte Vedra Beach, Fla.: Does Absolute Mortgage offer loans in other states and what is involved to apply as far as upfront fees (does this vary state to state or based on the loan amount or credit scores)? Thanks Lonnie. Lonnie Cooper: Hello Ponte Vedra, (That is a beautiful part of Fla if I may say so myself) We are licensed in a number of states that are listed at www.absolutemortgageco.com. The owner doesn't believe in charging up front fees- its a much cleaner way of doing business. _______________________ Wilmington, Del.: I currently have quite a bit of equity in my home (primary residence) and was looking to do quite a bit of renovations to the property - which would increase the value. Would you recommend to refinance my existing mortgage for cash out or get a Home Equity Loan or Line. I currently have a 30-year Fixed at around 6% and plan on living in the home for quite some time. Thank you very much. Lonnie Cooper: Hello Wilmington, See my response above for a "True No Cost" loan. It would work great for you. The home equity lines are very popular, but most are variable and again- prime seems to be consistently going up. _______________________ Cherry Hill, N.J.: What is involved with a No Doc or stated income loan? Lonnie Cooper: Hello Cherry HIll, The question is what is not involved- We have a "True No Doc" loan in which we don't even ask if you are employed. We don't need any bank statements etc. Its just a credit score and a pulse. _______________________ Newark, Del.: Is there any tried and true rule to figure out if a home improvement project is worth doing in order to add value to your home (adding garage or addition, finishing a basement., etc.? Lonnie Cooper: Hello Newark, I don't know if there is such a rule. If you ask a contractor you may get a different answer though. In speaking with property appraisers over the years, a sure fire return is adding square footage. (As long as you don't over-improve for you neighborhood) Kitchens and bathrooms also provide the highest return for improvement projects. _______________________ Clinton, Md: If you sell a home (designated investment prop) less than 2 years after settlement, do you have to put the proceed into another investment property otherwise pay the taxes? Lonnie Cooper: Hello Clinton, This one is probably best answered by a cpa. My unoffical opinion is as follows: A 1031 tax deferred exchange can be done regardless of how long you've owned the home. If you keep the property for at least 12 months then you'll pay long term capital gains vs. short term. _______________________ washingtonpost.com: Our hour is up. Thank you for taking all of our questions, Lonnie. Lonnie Cooper: You are very welcome. Its been a pleasure. I hope to hear from you all again. Lonnie _______________________ RELATED LINKS absolutemortgageco.com Mortgage Rates Mortgage Calculator Affordability Qualification Payment Tables --