The rise in housing prices across the nation has ushered a growth in the number of jumbo mortgage refinance applicants. Whether purchasing a mansion in Palm Beach or a country cottage in Tennessee, many Americans are choosing to finance with a jumbo mortgage; an option no longer reserved to upper-end luxury residences. What is a […]

By: Americans who have built equity in their homes can put it to good use through the mechanism of a cash-out refinancing. Basically, with every mortgage payment that is made, a greater investment in the home’s equity takes place. Some of that equity can be traded for cash by way of a cash-out refinancing. Cash-out […]

Among the list of assets a person can own, a home is one of the best.  Generally, the property value of a home will increase as the years pass. And during the course of home ownership, the homeowner is investing their hard-earned money into their own financial holdings, rather than in a landlord’s financial holdings. […]

When monthly expenditures get out of hand, many people turn to refinancing their mortgage as a way to free up more of their monthly income.  When considering this option, it is important that homeowners are aware of the various ways they can refinance.  It is also a good idea to bear in mind the long-term […]

Ever wondered if mortgage refinancing would be a beneficial step for you to take? Well, here’s an attempt to simplify the process of mortgage refinancing to help you understand whether or not it is the right choice for you. So exactly what is Mortgage Refinancing?Mortgage refinancing in its simplest form occurs when someone takes out […]

It is a common practice for people, who want to make home improvements or to borrow additional funds for other reasons, to explore the options of unsecured bank loans or methods to increase their credit card limits.  However, these types of loans can charge some pretty steep interest rates.  Consequently, one of the best ways […]

Americans are making more and more purchases with credit cards.  The convenience and simplicity of credit cards make their use faster and easier than writing checks or keeping up with cash.  However, sometimes credit card debt can become a problem for some consumers.  When credit card debt becomes a problem, a home equity loan may […]

Homeowners searching for a way to finance large expenses can take advantage of their home ownership to get a hold of some extra cash.  Home equity loans allow current homeowners to make use of the equity in their home to obtain and secure a cash loan.  The present value of equity in one’s home can […]

Home improvement is a common desire for those who own their own homes.  Some people choose to modernize different rooms in their homes, while others wish to add additional rooms.  Almost any well-planned home improvement project can increase the value of the property.  That said, many people simply do not have the funds needed to […]