Tag Archive for: home equity

Texas Home Equity Loans: Your Questions Answered

In the Lone Star State, you have two primary options for tapping into your home equity: a home equity loan and a home equity line of credit (HELOC). Home Equity Loan: This is a lump-sum loan that you repay over time. It's ideal for one-time expenses like home improvements or debt consolidation. Home Equity Line of Credit (HELOC): This is more like a credit card, where you can borrow money up to a certain limit and only pay interest on the amount borrowed.Read More

Understanding Home Equity in Mortgages

When it comes to real estate, equity is a term that holds significant importance. But what exactly is equity? Simply put, equity is the difference between the market value of your property and the amount you owe on your mortgage. It represents the portion of your home that you truly own. Read More

How to Qualify for an FHA Cash-Out Refinance

Are you looking to leverage your home’s equity for a variety of financial needs? A cash-out refinance can be a powerful tool, and if you meet certain criteria, an FHA cash-out refinance might be the perfect solution. We will explain how FHA cash-out refinancing works, the eligibility requirements you need to meet, and the step-by-step process to qualify. Whether you’re considering debt consolidation, home improvements, or funding other financial goals, we’ll equip you with the knowledge and insights necessary to make informed decisions.Read More

Leveraging Your Home Equity: Paying Off Debt and Seizing Investment Opportunities

Harness the power of your home's equity to pay off consumer debt and make smart investments, while avoiding risky borrowing practices.Read More

What Is An Assumable Mortgage and How Does It Work?

An assumable mortgage is a home loan that can be entirely assumed by a person other than the original borrower. This type of loan is more attractive when interest rates are high because you can assume a loan that was taken out in years past when rates were much lower.Read More

Foreclosures Up 440% Year Over Year! (Total Bullshit)

Black Knight is reporting that foreclosure starts were up 440% in June – year over year! They were up almost 27% month-over-month too! So – should we panic???? Is a […]Read More

5 Reasons To Get a Home Equity Line Of Credit ASAP

When I was in law school, I clerked for a firm that specialized in commercial litigation. And – the first thing the attorneys did when considering litigation was to ensure […]Read More

Record Equity + Certain Inflation + Uncertain Economy = Cash-Out Now (4 Reasons Why)

TOTAL HOME EQUITY SURGES TO INSANE RECORD Prior to the 2008 meltdown, total home equity (the value of all homes minus all mortgage debt) in the U.S. peaked in 2005 […]Read More

What Is A Cash-Out Refinance In Texas?

Homeowners in Texas continue to see an increase in home value and are now finding themselves with more equity in their homes. Many Texas homeowners are eligible to utilize a cash-out refinance to convert some of their equity into cash, but what exactly is s cash-out refinance?Read More

Are Cash Out Refinances A Good Idea?

When homeowners purchase a new home, they instantly start to accumulate equity in their new home. For some homeowners, taking cash out from their home equity can be a great way to pay off credit card bills, purchase a new home, pay for college, or invest in home improvement projects.Read More

Bridge Loans; Buying Before Selling – Best Financing Option

BUYING BEFORE SELLING Sellers often want to buy a new home before selling their current residence for a variety of reasons. They might want more time to move, more time […]Read More