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2. The truth about no-appraisal home equity loans: What ... - AOL

   www.aol.com/finance/what-is-a-no-appraisal-home...

   While interest rates are typically higher than home equity loans — currently averaging 12.32% APR for a 24-month loan but ranging from 6.94% to 35.99% — the approval process is usually faster ...

3. 5 Best Same-Day Loans With Instant Approval - AOL

   www.aol.com/finance/5-best-same-day-loans...

   Citi offers loan amounts between $2,000 and $30,000. You can use your Citi personal loan for home improvements, emergency purchases, a vacation, a wedding or to pay off high interest credit card debt.

4. 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

5. Mortgage - Wikipedia

   en.wikipedia.org/wiki/Mortgage

   During the mortgage loan approval process, a mortgage loan underwriter verifies the financial information that the applicant has provided as to income, employment, credit history and the value of the home being purchased via an appraisal. [4] An appraisal may be ordered. The underwriting process may take a few days to a few weeks.

6. Pre-approval - Wikipedia

   en.wikipedia.org/wiki/Pre-approval

   In lending, a pre-approval is the pre-qualification for a loan or mortgage of a certain value range. [1]For a general loan a lender, via public or proprietary information, feels that a potential borrower is completely credit-worthy enough for a certain credit product, and approaches the potential customer with a guarantee that should they want that product, they would be guaranteed to get it.

7. Home equity loan vs. home improvement loan: Which is ... - AOL

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

   While home improvement loans typically cap at $50,000 to $100,000, you’re able to borrow up to 85% of your home's equity (primary mortgage and home equity loan combined).

8. Mortgage underwriting in the United States - Wikipedia

   en.wikipedia.org/wiki/Mortgage_underwriting_in...

   Loan to value is a ratio of the loan amount to the value of the property. In addition, the combined loan to value (CLTV) is the sum of all liens against the property divided by the value. For example, if the home is valued at $200,000 and the first mortgage is $100,000 with second mortgage of $50,000, the LTV is 50% while the CLTV is 75%.

9. 10 alternatives to personal loans and who they’re for - AOL

   www.aol.com/finance/alternatives-personal-loans...

   It may take weeks to get approved and receive home equity loan funds compared to a day or two to get personal loan funds. One major negative: Home equity loans are secured by your home, and the ...