Now that we’re into phase two of our state’s reopening, what does that mean for the lending world? In case you’re not aware, many lenders suspended their operations once the COVID-19 outbreak hit. Not only that, but they also added a lot of overlays to protect themselves because they didn’t know how long the lockdown […]
The COVID-19 pandemic is affecting us all in one way or another, and my heart goes out to all those who have been impacted financially, medically, or both. Today I want to cover a topic that’s been all over the news lately: mortgage forbearance. I’ll walk you through what it is, how it works, and […]
In this series, we’ve discussed two ways to tap into your home’s equity: doing traditional FHA, VA, and conventional loans, as well as home equity lines of credit (HELOC). Today, I’ll talk about the third way you can harness some of your home’s financial potential: home equity loans. To learn how you can use this […]
The greatest part about homeownership is the equity you accrue on your asset. How can you tap into that equity to ease the cost of something like a remodel or repair? Today I’m talking all about home equity lines of credit, how you as a homeowner can use one, and how the interest payments work. […]
If you’re in a position where you want to pull out equity from your home to pay off other debts, going through a big bank like Citi or Wells Fargo isn’t always the best option. Their guidelines are pretty vanilla, and it can be tough to qualify. However, there are other ways you can tap […]
