Below you'll find a list of all posts that have been tagged as “HELOC”
Are you interested in learning more about conventional mortgages and how to get a Home Equity Line of Credit (HELOC)? It can seem pretty daunting if you don’t have experience with real estate, or have friends and family who have gone through the process themselves. There are so many things to know, terms to understand and financials to consider. Thankfully, …
You’ve been thinking about adding a second property to your real estate portfolio. You have the idea that with your second property, you’ll move into that one, have it become your owner occupied and then rent out your first home. Kudos to you! This is an exciting opportunity and with the right mortgage broker on your side, this adventure is …
While the world may seem like it’s completely different than it was a month ago, I wanted to shed some light on the mortgage situation. If you’ve been required to go into self-isolation or have been laid off from work, you are probably questioning how you’ll make your next mortgage payment. In this blog post, I will share what the …
Your home is a valuable investment. It offers a place for you and your family to live, grow and prosper. It also offers flexibility in terms of building equity. Here’s how to take advantage of the financial benefits. Taking Advantage of Home Equity Whether you’re looking for extra cash to cover renovations or repairs, or looking to consolidate high-interest unsecured …
I am going to go over an example of buying or refinancing a home with 20% or more in equity. Buying / Refinancing a home with 20% or more down payment allows you to choose several more options than if you did a lesser down payment. Here are the main differences: Amortization Lenders will allow you to choose a longer …
In this column I am going to go over the qualifications and process you would normally go through to get a Home Equity Line Of Credit. The first step is you either need to have 20% equity in your home already or have 20% down payment minimum when you are purchasing. This allows you to enter into a conventional mortgage …
