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Mortgages

Mortgage is a long-term loan used to finance the purchase of a home or property. The property itself serves as collateral for the loan, ensuring the lender can recoup losses if the borrower defaults on their payments.

Mortgages

Can I Refinance My Second Mortgage?

Thousands of homeowners across the county have used a second mortgage to help purchase a home A second mortgage reduces the amount of cash needed for a down payment and can help a homebuyer avoid... more

Can I Refinance My Second Mortgage?
Homeownership

401k Loan vs Home Equity Loan

While a 401(k) retirement account and a home can both be used as sources to borrow money, we generally recommend considering a home equity loan as it carries fewer personal financial risks 401(k)... more

401k Loan vs Home Equity Loan
Home Savings

Using a HELOC for Your Second Home: Unlocking Opportunities

If you have enough equity in your primary residence, you can use a home equity loan, such as a home equity line of credit (HELOC) as a way to invest in another property and build wealth This is... more

Using a HELOC for Your Second Home: Unlocking Opportunities
Mortgages

Can You Refinance a Home Equity Loan?

If you have a home equity loan, it’s possible to refinance it This is done by getting a new home loan and using it to pay off the old one Refinancing a home equity loan can be beneficial because it... more

Can You Refinance a Home Equity Loan?
Home Equity

What Can Home Equity Loans Be Used For

Millions of homeowners throughout America have certain common goals, and one of those goals is to save money Whether that’s at the grocery store, with monthly utility bills, or lowering debt... more

What Can Home Equity Loans Be Used For
Mortgages

Using Home Equity Loan to Pay Off Debt

Of the hundreds of home equity posts we’ve written so far, this one is one of our favorites because it’s the core of what we do at House Numbers — we help homeowners pay off debt using their... more

Using Home Equity Loan to Pay Off Debt
Home Equity

Why Homeowners With 660 Credit Score Need to Move Quick to Close on Their Home Equity Loan

If you’re a homeowner struggling to manage your debt payments, cashing out on your home equity sooner rather than later could save you money in the long run A common way of doing this is using a... more

Why Homeowners With 660 Credit Score Need to Move Quick to Close on Their Home Equity Loan
Home Equity

House Numbers vs Mortgage Websites: How We Compare

Homeowners have access to a wide range of online resources when learning about their home equity, especially when they are trying to access their equity It gets very confusing because there are so... more

House Numbers vs Mortgage Websites: How We Compare
Homeownership

How Can I Pay Less Interest on My Mortgage Each Month?

Each month, like clockwork, your checking account balance is reduced by another of your mortgage’s monthly payments If you are like most homeowners, you’ve wondered if it is possible to pay less... more

How Can I Pay Less Interest on My Mortgage Each Month?
Mortgages

When is My First Mortgage Payment Due After Closing?

One of the first questions new homeowners ask is when is my first mortgage payment due Let us help with that! Your first mortgage payment is due on the first day of the second month that follows your... more

When is My First Mortgage Payment Due After Closing?