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Category: Home Equity

May 03, 2024

Take Care of These Money Matters Before You Travel

Preparation is the key to any activity; travel is no exception. Remember to manage these money moves before you leave on your next vacation, and you will be ready to enjoy a relaxing trip. You made your travel budget, saved your money, and made your reservations. You’re ready to set off on your next great adventure. But have you prepared your…

April 25, 2024

Don’t Let Home Improvement Scams Wreck Your Budget

Do you have a long list of home improvement projects? Maybe it’s fixing the roof, painting the exterior, getting new siding – or even adding a room. Your home is your most valuable asset, so finding a qualified professional who can do a good job at a fair price is important. Unfortunately, you may find scammers out there who will promise to do the work but end up damaging your home and your wallet. How can you tell a trustworthy contractor from a con artist?

February 12, 2024

6 Strategies for Reducing Debt and Building Savings

These six strategies can help you meet your financial goals. Can you tackle your debt and pump up your savings at the same time? The answer is yes. We’ll show you six strategies to help you do both.  Balancing Act Paying off your debt while building your savings can be tricky, but it’s all about balance. Do you want to put more money…

September 20, 2023

What is Debt-to-Income Ratio?

If you’re looking to borrow a Home Equity Loan or Line of Credit, the term debt-to-income ratio is likely to come up. This is a major consideration when a lender is evaluating a credit application. You'll want to be sure to know what it means.

August 30, 2023

Home Upgrades That Boost ROI

Before you tackle that home renovation project, understand which deliver the best return on your investment.

July 31, 2023

Should You Apply for Another HELOC?

A home equity line of credit, aka HELOC, makes it possible for many Americans to purchase a second home, complete a delayed home improvement project, pay off high-interest rate credit card debt or achieve any number of financial goals without selling their primary residence. The popularity of HELOCs continue to rise.

July 03, 2023

What is a Second Mortgage?

Borrowers looking to apply for a Home Equity Loan or Line of Credit are likely to hear the term "second mortgage" at some point as they are shopping and applying for a loan. Although a common term, it's one that is often open for misinterpretation. In our latest blog, we review this terminology and bring clarity to it.

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