How Long is the Home Equity Process For many people, their home is their biggest asset. So it only makes sense that they would want to tap into that equity in order to get a loan for a large purchase or renovation. Home equity loans are a great way to borrow money against the value […]
Most people think of their home as their biggest and most important investment. And it’s true that a home is often the single largest purchase a person will make in their lifetime. But what many people don’t realize is that, even after they’ve paid off their mortgage, they still have another valuable asset: their home […]
Did you know that there is a loan available through the Federal Housing Administration that can be used to finance the purchase and renovation of a property? This loan, known as a 203k loan, can be used to purchase a home or to refinance an existing mortgage. 203k loans are perfect for homebuyers who want […]
It’s no secret that the housing market has taken a beating in recent years. But what may come as a surprise is that even if you’re not underwater on your mortgage, you may still be able to benefit from a cash out refinance. Cash out refinancing can be a great way to get some extra […]
If you’re like most people, the word “mortgage” probably conjures up all sorts of complicated images and concepts. So, what is a mortgage? If you’re thinking about buying a home or taking out a mortgage, it’s important to understand all of the ins and outs of your loan and we’re here to break it down […]