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2. What is an interest-only mortgage and how does it work? - AOL

   www.aol.com/finance/interest-only-mortgage-does...

   The initial monthly payments on interest-only loans tend to be significantly lower than payments on conventional loans, and the interest rate may be fixed during the first part of the loan.

3. Personal loan vs. home equity loan: Which should you use for ...

   www.aol.com/finance/personal-loan-vs-home-equity...

   Typical features. Personal loan. Home equity loan. Rates. 8% to 36%. Varies based on the prime rate. Loan amounts. $2,000 to $50,000. Up to 85% of your home’s value

4. Loan modification in the United States - Wikipedia

   en.wikipedia.org/wiki/Loan_modification_in_the...

   The lender may choose to provide homeowners with an affordable monthly mortgage payment through a loan modification rather than accepting the losses associated with declining property values. [ 19 ] Borrower eligibility: Lenders that determine the H4H program is a feasible and effective option for mitigating losses will assess the homeowner's ...

5. What are non-conforming loans? - AOL

   www.aol.com/finance/non-conforming-loans...

   Fewer lenders: While most mortgage lenders offer conforming loans, not every lender offers non-conforming mortgages. Higher risk: Much of the conforming loan criteria protect you from borrowing ...

6. Peer-to-peer lending - Wikipedia

   en.wikipedia.org/wiki/Peer-to-peer_lending

   Also known as crowdlending, many peer-to-peer loans are unsecured personal loans, though some of the largest amounts are lent to businesses. Secured loans are sometimes offered by using luxury assets such as jewelry, watches, vintage cars, fine art, buildings, aircraft, and other business assets as collateral. They are made to an individual ...

7. Subprime crisis background information - Wikipedia

   en.wikipedia.org/wiki/Subprime_crisis_background...

   Such loans have a higher risk of default than loans to prime borrowers." [1] If a borrower is delinquent in making timely mortgage payments to the loan servicer (a bank or other financial firm), the lender may take possession of the property, in a process called foreclosure.

8. What is a personal loan? How it works — and what to know ...

   www.aol.com/finance/what-is-a-personal-loan...

   A personal loan is money that you borrow to cover a one-time expense. The most common reason people use personal loans is to pay down high-interest debt, thanks to their relatively low interest ...

9. Should you use your home equity to pay off high-interest debt?

   www.aol.com/finance/home-equity-loan-pay-off...

   Facing down high-interest debt can seem like an impossible hill to climb. If your debt feels insurmountable, you’re not alone. Overall debt in the U.S. rose 2.4% between 2023 and 2024, according ...