fbpx

Mortgage Guru

using heloc to pay off mortgage

home equity

What exactly is Equity and Using Your Home as a Financial Tool

Most financial institutions consider home equity good collateral and are often willing to lend user money against this. Lenders may problem you a particularly unique check or provide you with a “chequebook” for you to access the loan when you need it. There are usually types to sign, as well as a simple approval. There …

What exactly is Equity and Using Your Home as a Financial Tool Read More »

mortgage loan

27 Mortgage terms + what 40% of the Americans don’t know about their loan?

Want to buy real estate through a mortgage loan? Well then, you should be aware of the following important terms that you will come across through the whole process- Annual Percentage Rate- The Annual Percentage Rate (APR) gives you an appropriate idea of the total yearly cost that will be incurred on loan. Along with …

27 Mortgage terms + what 40% of the Americans don’t know about their loan? Read More »

Scroll to Top