If you are unable to put 20% down on the home you purchase, you have two options – pay PMI or take out a piggyback loan. Either way, you help lessen the risk the lender takes by providing you a loan without a large down payment. Both choices have the same end result – you secure more than 80% of the Read more
How Do I Borrow From My Home Equity?
So home prices have gone up and now you have significant equity on your home. The question is, can you use this equity to say, increase your cash flow or fund an important household expense?The answer is yes. There are various ways through which you can benefit from home value appreciation and Read more
How to Know If Refinancing Will Save You Money?
Months after the controversial Brexit vote that caused mortgage interest rates to plummet to record lows, rates remain attractive. As a result, many homeowners are still considering a refinance as a means to either tap into their home’s equity or save on monthly payments.But for very specific Read more
