Refinancing Archive

USDA home loan

USDA Rehab Loans: What Are They and How to Apply

Believe it or not, the United States Department of Agriculture (UDSA) provides a lot of help to new homeowners. The USDA Rehab Loan program offers low-income buyers the opportunity to purchase and fix...

which bank offers the best home equity loan rates

5 Reasons to Consider Refinancing Your Home Equity Loan

As home prices have risen over the last few years, many Americans have taken advantage of the growing equity in their homes through loans. If you’re one of these homeowners, you may have thought abo...

HELOC interest rates

The Ultimate Guide to Home Equity Line of Credit Interest Rates

People often say that your home is the most valuable asset you'll ever own, and it's true that owning a home can give you a feeling of financial security and wealth like few other investments. But ...

Chase home equity loan

Chase Home Equity Loans: Rates, Reviews, & Alternatives

Chase is among the largest banks in the country and offers a variety of financial products to American consumers. One product that will be of special interest to homeowners is Chase’s home equity li...

HELOC interest rates

How Does a Home Equity Line of Credit Work? A Simplified Guide

When looking to buy another home, you may also be thinking about how to pay for the purchase, especially upfront fees like a down payment or closing costs. The most typical way to finance a home purch...

Lowest Mortgage Payment

Which Combination of Factors Would Result in the Lowest Monthly Mortgage Payment?

No matter how much money you make, no one wants to make a high mortgage payment each month — especially if you’re locked into a 30-year mortgage term. Purchasing a home with the right financial st...

investors pay for houses

10 Best Home Equity Loan Companies in 2019

When you’re thinking about making a major renovation to your home, you’re probably looking into taking out at least a portion of the cost in the form of a loan. A bathroom remodel, kitchen over...

Extra Mortgage Payments

How Fast Can I Pay Off My Mortgage If I Make Extra Payments?

While owning a home may be a dream come true, sometimes mortgage payments can cut into your financial freedom. No matter how great of a deal you received on your new home, mortgage payments can feel o...

home equity loan

US Bank Home Equity Loans: Reviews, Rates, and Options

Also known to those in real estate as a second mortgage, a home equity loan can help you accomplish much the same type of goal as mortgages do. Whereas a mortgage aims to get you ownership of a proper...

home loan for teachers

How to Pay Off Your Mortgage in 5 Years: 5 Tips That Work

As of 2018, the New York Federal Reserve estimates some $9 trillion is held by Americans as mortgage debt and another $432 billion in home equity line of credit. This constitutes the largest debt that...