If you have significant equity in your home, you have the option to borrow against that equity if you are in need of extra funds. You can do this using a type of second mortgage known as a home equity loan. Your home equity acts as collateral, and you can […]
Ways a Reverse Mortgage Can Help During Economic Challenges
During times of economic difficulties, inflation can rise, and it can be challenging to get by on a fixed income. If you are a senior homeowner with sufficient equity, however, you can apply for a reverse mortgage. Here is how this special type of lending product can help. Apply for […]
Signs a Reverse Mortgage is Right For You
A reverse mortgage is a loan product for seniors that lets you borrow against the equity in your home. You can receive the funds from a reverse mortgage as a lump sum, in installments, or as a line of credit, and spend them however you want. Like any lending product, […]
How to Buy an Investment Property Based on What It Could Earn
You want to buy an investment property in Ohio. You have your eye on a particular property, and you know that you will be able to afford it based on what it can help you earn. But you do not currently earn enough to pay on the loan. Is there […]
New Columbus Conforming Loan Limits for 2025
Are you shopping for a home in Columbus, or elsewhere in Ohio in 2025? We have good news for you. The 2025 conforming loan limits have been raised. This change will help more people to buy a home with a conforming mortgage in 2025, rather than requiring a jumbo loan. […]
Benefits of a Reverse Mortgage
If you want to increase your income while staying at home during your golden years of retirement, you should consider taking out a reverse mortgage to borrow against your home equity. Here are some good-to-know benefits of a reverse mortgage. What is a Reverse Mortgage? If you’re at least 62 […]
How To Get a Foreign National Mortgage
Many people think non-U.S. citizens cannot get mortgages, but that’s not the case. Foreign National Mortgages exist but come with some requirements to achieve homeownership. In this article, we’ll look at how to get a Foreign National Mortgage and what documents you must provide. What is a Foreign National Mortgage? […]
How to Increase Credit Score For Mortgage (and Why)
When applying for a mortgage for your dream home, you’ll learn quickly that having a high credit score will work in your favor and make acquiring this loan much easier. But what if your credit score is not high enough? The good news is that there are some things you […]
How Long Does It Take To Get a Home Equity Loan?
Whether you are needing to make some needed repairs to your home or carry out some upgrades, taking out a second mortgage, also known as a home equity loan is a flexible and great option. A common question that homeowners often have when considering this type of loan is how […]
Costs To Refinance
Refinancing your mortgage or home loan can be a great way to lower your monthly costs, but the process can be a headache if you don’t know how to do it, leaving you feeling like you’re going around in circles. In this article, we’ll take a look at the costs […]
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