You’ve built some equity in your home. Now you’re thinking about tapping it to get cash that could help you remodel, invest in a small business, or pay off student loans. It’s understandable, and you’re not alone. Rising home values have driven equity to historic highs. This, in turn, has helped drive a sharp rise […]
Different financial situations make for different mortgage and refinancing solutions. Learn how your credit score comes into play when it comes to financing or refinancing, find out how to purchase a home when self-employed, and discover about tax deductions homeowners can take advantage of with our personal finance articles.
If the word “retirement” resonates with you, you’re not alone. Retirees are enjoying long-awaited travel pursuits, moves to places they’ve been dreaming of and finally being able to check things off their bucket lists. Some of them are paying for these endeavors by taking out a reverse mortgage, which allows certain homeowners to tap into […]
Tax season is upon us. Or if not, it soon will be, as one could argue taxes are always upon us. Fortunately, there are numerous tax breaks that American homeowners can qualify for based on their real estate holdings. In some cases, these deductions can result in thousands of dollars in savings. The key is […]
If you’re buying a home when self-employed, you’ll likely have a more challenging path to getting a mortgage than someone with “traditional” employment. Your mortgage lender will require additional documentation, mainly to help prove that your employment and income are stable and reliable. The good news? With a bit of planning and preparation, you can […]
If you consider three to be a lucky number, then you’re in luck. Why? Because there are three key factors that play a role in determining your eligibility for a mortgage. You’re likely familiar with the first two – income and credit history – because these are the two that most often come to people’s […]