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
Comparing Home Equity Lines of Credit: How To Get The Best Deal
You’re in the market for a new Home Equity Line of Credit (HELOC), and you’re having trouble deciding if a HELOC suits you because you’re bombarded with so many different offers And every offer... more
Should I Refinance My Home if I Plan to Sell?
Refinancing your home if you plan on selling it can make sense, but this will depend on your financial situation — it should make financial sense to do so and you should think about what you’ll... more
Your mortgage loan got denied in the underwriting process? We’ve got answers.
If you’re getting a mortgage loan, you’ll need to go through a lender’s mortgage underwriting process It’s the step in which your lender reviews your loan application to determine if your... more
Consolidating Unsecured Debt With Your Home Equity: A Wise Decision
Every year thousands of homeowners consider consolidating unsecured debt using their home equity But is this a wise decision In this article, I will cover when you should consider consolidating... more
Three C’s of Underwriting And How They Impact Your Mortgage Application
Capacity, Credit, and Collateral are the three C’s of underwriting Since they can significantly impact your mortgage application, you should take the time to understand how they are used in the... more
Home Equity Agreements — what are they and why should you care?
Equity sharing agreements — also known as home equity investments (HEI) — are a relatively new and often misunderstood way to get cash from your home equity Below I will explain what they are,... more
5 Ways to Access Your Home Equity
If you’re a homeowner looking to access your home equity for cash, you’ve got a few options to choose from You can pick a HELOC, home equity loan, cash-out refinance, reverse mortgage, or home... more
LTV, DTI, IR, FICO: Four Pillars of Home Financial Wellness
Homeowners often ask, what else is important for my home financial wellness This may come up when accessing home equity, planning for retirement, understanding the right time to refinance, or... more
How to Access Your Home Equity Without a Great Credit Score
Accessing home equity is a hot topic among homeowners we work with — whether for retirement, home improvement, to consolidate debt, make an investment, or pay an unexpected expense Homeowners with... more
