Articles to Help You On Your Financial Journey

Unlock the potential of your home's equity with a Home Equity Line of Credit. Discover how a HELOC works and find out if it is the right solution for you.

5 insider tips from mortgage officers. Find out what advice they would give you about buying a house. And find out why it’s normal to feel overwhelmed.

What can you do with the equity in your home? Find out how to use it, which is better, and how to qualify for either.
 
 

Before you even start hunting for your dream house, there are important questions you need to get the answers to. What are the tax implications of buying a home? What if I don’t have a down payment? Can I actually afford to own a home?

One of the biggest advantages to owning your home is the ability to tap into the equity you build, or the amount of your house that you’ve paid off. When you need to access that equity as cash, though, you’re faced with a couple of options.

If you own your own home, you’ve likely heard about the concept of building equity, and with it a herd of questions: what is equity? How does equity work? How does it benefit me? Our article will sort through some of the information around home equity loans and home equity lines of credit to help you understand them and whether they are a good solution for you.

One of the first steps in applying for a Home Equity Loan or Line of Credit (HELOC) is determining which is better for you. It requires a little research, but choosing the home equity product that is best is simply a matter of determining which has the options that suit your individual needs. Our article will compare Home Equity Loans and Home Equity Lines of Credit for you, helping you identify the advantages and disadvantages of each. Then you can assess the pros and cons of each, and measure them against your plans, budget and requirements