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Understand home equity lending and how lenders can acquire home equity customers

Clear Capital

Borrowers may use this option to upgrade their home, perform repairs, or pay sudden expenses like medical bills. HELOCs are great for borrowers who want cash over longer periods of time, such as for large-scaled home improvement projects. Determine tappable home equity for your existing customers.

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Does Refinancing Affect Your Taxes?

Assurance Financial

Home improvements: With a cash-out refinance, you can finally tackle those home improvements. No matter whether you want to put a new roof on your home or build an addition, when you refinance, you can free up more cash that can be put toward these renovations. Make a Capital Home Improvement.

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Outdoor Renovations: Think Outside the Box

PennyMac

One way to greatly increase the appeal of your outdoor area is to improve the space available for outdoor cooking and entertaining. Slater, president of Danver Stainless Outdoor Kitchens and Brown Jordan Outdoor Kitchens , is an industry leader in the design and manufacturing of stainless steel outdoor kitchen cabinetry. Mitchell J.

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All You Need to Know About Reverse Mortgage Appraisals

AmeriMac

The reverse mortgage process typically begins with a borrower contacting a loan officer who specializes in reverse mortgages. The loan officer will assess the homeowner’s eligibility and explain the details of the loan, including the potential loan amount and repayment terms.

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Buying a Vacation Home: 4 Critical Factors & Expert Advice

PennyMac

Couple this with the improved job market and an upswing in home values, and you have a tidal wave of homeowners willing to invest in fixer-upper dwellings. In 2018, homeowners reported an average of $7,560 or more on major home improvements , up 17% over the previous year. Plus, it can be a great investment.

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How to Find the Right Mortgage Loan for You

Assurance Financial

When shopping for a home, it’s just as important to make a list of things you’d like from your mortgage — including the length of the loan, the interest rate and the repayment terms. Some home loans are designed for people who meet specific criteria, and others for people who might not qualify for another type of loan.