Posts Tagged ‘Mortgage’
Your HELOC is coming due… now what?
Millions of Americans took out home equity lines of credit (HELOCs) ten years ago, right around the time that the real estate market was crashing. I love HELOCs and think they are great options for lots of different scenarios but many of them were set up with balloon payments after 10 years, so many people…
Read MoreInterest Only Loans: The Right Loans for The Right Borrowers
There are a few different loan products that have been unfairly blamed for the financial calamity that most of lived through in 2007-2008. Blaming a loan for something that scumbag lenders did is a lot like blaming a bank robbery on a crowbar rather than the actual criminals. Interest only loans can be a great…
Read MoreThinking Outside the Box: Finding the Right Mortgage For You
In today’s ever changing real estate market, it’s important that you work with a lender you can trust, and a lender who will look at all of your options. Too often, people get turned away from big banks for from lazy lenders who don’t understand all of the options available in the market today. Team…
Read MoreHome Buying Process: How to Prepare For The Biggest Investment of Your Life
If you’re like most Americans, the investments you make into real estate will be the largest investment of your life. Finding your dream home and saving enough to get the keys to that dream home can seem next to impossible, especially when there are so many ways to make a mistake along the way. Unfortunately,…
Read MoreInterest-Only Mortgages: Back and Better than Ever?
For those of you who lived through the Wild West days of real estate back in 2007 and 2008, you might remember a loan product that was used to put economically challenged individuals into homes they had no business being in that had a simple title… Interest-Only Loans Homeside Financial, LLC. is one of the…
Read MoreWhat’s My Interest Rate?
If I meet someone at a party (by the way… you should invite me to your party) and I tell them what I do, they almost always ask the same question. “What’s my interest rate?” If any person gives you an answer to that question other than, “it depends,” don’t take any financial advice from…
Read MoreSell Your Home at the Right Price: Even if it Needs Repairs
You’ve heard me advocate for a while now for people to use realtors when they are buying or selling their home. As much as you think you can sell your home without any help, you can wind up leaving a ton of money on the table. One of the most important scenarios for a seller…
Read MorePark Forest: Affordable, and Closer Than You Think!
Park Forest made a list recently of among the seven most affordable places to live in the country. If you’re a first time home buyer, you’re trying to navigate the ever-changing real estate process, and how affordable your home is might be the most important factor in your search. If you’re looking in any of…
Read MoreClosing Costs: How to Understand the Fees on Your New Mortgage
Several months ago I debuted my #ClosingCostChallenge. If you bring me a Loan Estimate from any of my competitors that advertise on the radio, I will compare apples to apples with what Homeside Financial, LLC. can offer and if we can’t beat the other lender’s costs, I’ll donate to the charity of your choice whatever…
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