Clear Capital

APRIL 1, 2024

If a borrower owns a home valued at $500,000 and they owe $250,000 on their mortgage, they can refinance with a $300,000 mortgage and take the $50,000 difference in cash. What can customers do with home equity loans? Cash-out refinances are commonly used to secure lower interest rates or different loan terms.

Lending 36

Lending Valuation Home Value Design 36

Assurance Financial

APRIL 29, 2021

If your equity is $50,000, your home equity loan can be up to $42,500. You can use the funds from the loan for pretty much any purpose. Some people use the loan to cover the cost of a home improvement project, while others use the loan to help pay for their children’s college education.

Mortgage 74

Mortgage Insurance Home Value Loan Officers 74

PennyMac

JULY 21, 2021

Eighty-four percent of real estate agents agreed, noting homes with trees are as much as 20 percent more salable. Next, plant small: Small foliage costs less, establishes more effectively, and appreciates in value. Contact a PennyMac Loan Officer to explore your choices.

Renovations 36

Renovations Real Estate Investing Design 36

AmeriMac

MARCH 29, 2024

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.

Mortgage Appraisal 36

Mortgage Appraisal Appraisal Mortgage Appraisal Process 36

PennyMac

JANUARY 16, 2022

The rise of home renovation television shows has made many homeowners eager to transform rough diamonds into neighborhood jewels. 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. Plus, it can be a great investment.

Investing 36

Investing Property Taxes Real Estate Renovations 36