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Is PMI Tax Deductible in 2019?

PMI can add hundreds of dollars to your mortgage payment. You probably want to know if you can deduct this expense on your taxes, just as you can deduct your mortgage interest. With the new tax laws covering the taxes for...

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What Does the New Year Hold for HELOCs? Projections, Rates in 2018

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Some news sites and even past reports claim about HELOCs gaining traction this 2018. To be fair, home equity lines of credit are a perennial favorite among homeowners to get cash out of their equity or simply have standby funds for the rainy day.Still, it begs the question of what makes 2018 a  Read more

1.5-Mil. HELOCs Face Reset This Year, Payments to Go Up

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Approximately 1.5 million homeowners have home equity lines of credit or HELOCs whose interest-only draw periods will end this year. The payments on these lines of credit will revert to fully amortizing and could double, according to Black Knight Financial Services.Refinancing or purchasing? Let  Read more

All About Second Mortgages

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Any and all mortgages taken out after or simultaneously with the first mortgage are called second mortgages. They are especially potent in environments where home prices are rising because that would mean more equity to borrow against. Second mortgages serve several purposes and appear in a variety  Read more

Home Equity Matters: Cash-out Refinance or HELOC

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Your home contains an important source of funds that you can tap however you want, your home equity. Both cash-out refinance and home equity line of credit allow you to do that but offer differing ways to accomplish that goal. How would you like to receive your equity: in cash through a refinance or  Read more

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Is PMI Tax Deductible in 2019?

PMI can add hundreds of dollars to your mortgage payment. You probably want to know if you can deduct this expense on your taxes, just as you can

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When inquiring about a mortgage on this site, this is not a mortgage application. Upon the completion of your inquiry, we will work hard to match you with a lender who may assist you with a mortgage application and provide mortgage product eligibility requirements for your individual situation.

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