3 Ways to Qualify for a Home Line of Credit Mortgage loans and home equity lines of credit are two ways to borrow against your home. But, which is better? Loans have a higher interest rate than lines of credit, but the money you get is usually...
Financing Options for Purchasing a Second Property: Use Your Home Equity to Land Your Dream House. Did you know that many homeowners are paying off their mortgage early in order to use their home equity for purchasing a second property? It’s true. Depending on the property,...
Did you know you can easily finance purchases related to home ownership (i.e., renovations or home repairs) by using your home as a borrowing tool? A Home Equity Line of Credit (HELOC) is a loan secured against the equity of your home. Because you’re using...