A Home Equity Line of Credit (HELOC) is a loan that allows homeowners to borrow against the equity they have built up in their primary residence or second home. These types of loans can be
Accessory dwelling units, or “ADUs,” are seen as a useful way to create a sizable income while easing real estate shortages across the country. But there are a few ADU guidelines you should understand. An
HELOC vs Home Equity Loan? This article will help you decide which is right for your next remodeling project. When it comes time to renovate your home, do you have the cash to make it
It’s no secret: in today’s market, buying a home is tough. With prices on the rise, time on the market extremely short, and massive competition for every property, homebuyers are finding it more challenging to
Mortgage lingo is often expressed in acronyms. You don’t need to know them all, but this article reviews the ones that are more common or important. The real estate and mortgage industries love acronyms. “APR,”
The tax reforms implemented by President Trump and the United States Congress at the end of 2017 had a profound impact on people’s financial obligations to the federal government. While the reforms are still being
When you are searching for a home loan, you have many options. You can choose a fixed-rate loan or an adjustable-rate mortgage. You can go with a conventional loan, or use an FHA loan. One
Want to better understand mortgages? Then you need to understand the essential terms. Using this mortgage glossary, you’ll have a better understanding of real estate and the mortgage industry. This is Part 2 in our
Having multiple debts, including car loans, student loans, credit cards, and personal loans can create significant challenges to your finances, complicating your budgets and making it difficult to stay organized. In most cases, it would
The Federal Housing Administration, or FHA, is one of the largest mortgage insurers in the nation. This organization, which is part of the Department of Housing and Urban Development, does not actually give out loans,
When you remodel a home, you can reasonably expect to increase the value of your property. But by how much? What’s the return-on-investment, or “ROI” on a remodeling project? Will you get all your money
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