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Your AirBnB Income Can Help You Refinance Your Mortgage
Did you know that your AirBnB rental income can help you qualify for a refinance loan? In the past using any rental revenue from your “primary residence” was not acceptable on mortgage applications. H Apr 19, 2022
One Extra Mortgage Payment a Year Can Add Up to Big Savings
When you bought your home, you (hopefully) qualified for a mortgage that you could afford and if you stay on top of it monthly, you’ll own your home free and clear in 30 years (or less, depending on y Feb 16, 2022
Should I Do a Cash-out Refinance on My Rental Property?
Mortgage interest rates have been near record lows for the past several years. At the same time property values have jumped dramatically, giving homeowners plenty of equity. Those two factors combine Jan 12, 2022
Should I Ever Consider a Balloon Mortgage?
The typical mortgage loan lasts 30 years and is amortized equally over that entire period, so that the borrower makes consistent payments, including both interest and principal. The last payment pays Nov 17, 2021
Americans Home Equity is at a Record High
With the housing market on fire, home prices have steadily risen for the past several years. The result has been an enormous amount of home equity for American homeowners. In fact, according to mortga Oct 20, 2021