Best Time to Use a Home Equity Loan

By | November 22nd, 2016|Home Buying Tips|

If you have owned your home or several years, you have likely built up some equity. Simply put, the amount of equity you have is the difference between what your home is currently worth and how much you still owe your mortgage lender. When you have equity in your home, you can opt to take [...]

Choosing a HELOC: Is it Right for You?

By | October 25th, 2016|Home Buying Tips|

If you find you or your family to be in a situation that requires a rather large amount of money such as a home addition, new roof, paying off some credit cards, or financing a child’s college education there is one option that may sound appealing to you. HELOC, better known as home equity line [...]

Single Family Housing Guaranteed Loan Program Explained

By | October 6th, 2016|Home Buying Tips|

The United States Department of Agriculture (USDA) has a special loan program put in place to allow single families to own their own home. Families in low- and moderate-income brackets are allowed to build, rehabilitate, improve or relocate their home in eligible rural areas throughout the country. This program gives families the opportunity to own [...]