First-time home-buyers may find their heads spinning when they hear about all the fees associated with buying a home. From loan origination fees and
Mortgages, Refinancing and HELOCs
Mortgages
Mortgages are the gateway for many on the path to home ownership. As the largest asset (and loan) a lot of people will have, its important to understand the basics of how mortgages work. Below you will find an extensive list of articles with guides, recommendations, pitfalls, and more about what to know when obtaining a mortgage.
If you're new on the path to home ownership, its important that you have your financial house in order. Before buying a home, make sure you have a solid financial plan with a properly structured budget.
If you don't have a financial plan, we got you covered. Check out our 6 Steps to Financial Freedom.
Mortgage Refinancing
We didn't stop at the boring old mortgage either. Those looking to tap into their equity, lower their monthly payment or extend/shorten their loan term will find a ton of information about mortgage refinancing.
Refinancing a mortgage can be a very beneficial decision when done correctly. Lowering payments or consolidating debt can be a great way to get ahead for the long-term. Just make sure you don't run those credit cards up again if you consolidate them into your mortgage.
To check local Refinancing offers with just your zip code, use this tool:
FREE Refinance Quotes Comparison
Compare Multiple Offers Instantly
Home Equity Line of Credit (HELOC)
Not to be forgotten is the powerful home equity line of credit, or HELOC for short. They can provide quick access to cash for just about any reason you can imagine. Whether it's a home remodel, a cash payment on a second home or even a backup emergency fund, a HELOC is a great way to access your home equity in a pinch.
Latest Articles About Mortgages, Refinancing and HELOCs
When to Invest in Home Renovations
Deciding to pursue a home renovation is a big choice. And whether you’re remodeling a kitchen or bathroom, adding a deck, or replacing siding, the
Should I Pay Off My Mortgage Early?
The question of whether or not to pay off your mortgage early is a complicated one. On the one hand, a mortgage is considered “good debt,” which often
How to Get Rid of Private Mortgage Insurance (PMI)
For home buyers putting less than 20% down, Private Mortgage Insurance (PMI) is the cost of doing business. PMI protects lenders if you fail to make
Complete Guide to Mortgage Refinancing
People go to crazy extremes to save money. There are the coupon clippers, penny hoarders, and the guy who would rather freeze to his armchair
How Much Does it Cost to Refinance a Mortgage?
When you think about refinancing a mortgage, you probably see green. Saving money on interest is one of the most common reasons why homeowners want to
How to Get Pre-Approved for a Mortgage
From beginning to end, the home buying experience can be unsettling, intimidating and confusing. There are various ‘tests’ along the way that you must
What is a Home Equity Line of Credit (HELOC)?
If you have accumulated equity on your home, you might be able to convert it to cash. One way to accomplish that is with a home equity line of credit,
How to Pay Lower Real Estate Fees
Selling your home can be expensive, with costs adding up quickly. But one of the most significant costs, real estate agent fees, isn’t set in stone.