Archive for the ‘Home Equity Loan’ Category

Why It’s Important To Get 20% Equity For Your Home

Posted by bmedia on Monday, June 1, 2020

Stonebridge Mortgage Group Helps Portland Locals Get The Most Out Of Homeowning Buying a home, or even owning a home, can be a complicated process. Stonebridge Mortgage Group strives to make mortgage-related issues easier to understand for our Portland clients. If you live in the Portland area and are considering either buying or refinancing a […]

Low Mortgage Rates Means Its A Perfect Time To Buy Or Refinance In Gresham

Posted by wadmin on Tuesday, October 1, 2019

  Stonebridge Mortgage Group Offers Professional Mortgage Advice And Assistance At Stonebridge Mortgage Group, we are dedicated to helping families who are looking to buy their first Gresham home. There are a lot of factors to consider as you start the home buying process, especially if you are considering buying a home for the first […]

How The HECM For Purchase Program Is Useful To Gresham Home Buyers

Posted by wadmin on Thursday, May 30, 2019

  What Is The HECM For Purchase Program? The Home Equity Conversion Mortgage (HECM) for Purchase is a reverse mortgage that allows seniors, age 62 or older, to purchase a new principal residence using loan proceeds from the reverse mortgage. In 2009, the HECM for Purchase program began as a way to use a reverse […]

Home Equity Loans and HELOCs Available In Gresham

Posted by wadmin on Tuesday, April 30, 2019

  Gresham Homeowners Have Two Options for a Second Mortgage – Home Equity Loans and HELOCs Home equity loans and HELOCs are two types of loans that allow you to borrow against your home’s equity. Both of these loan options can be useful tools to Gresham homeowners. For example, if you need money for remodeling […]

Home Equity Loans and HELOCs – Which is Best for You?

Posted by wadmin on Thursday, March 21, 2019

Two useful tools for borrowing against your home’s equity. Homeowners in need of cash may want to consider taking out a home equity loan or a HELOC. Both are commonly referred to as a second mortgage and allow you to borrow against the value of your home. If you find yourself looking at a remodel […]

Reverse Mortgages Are Becoming More Accepted

Posted by wadmin on Thursday, March 14, 2019

Though reverse mortgages were once considered highly controversial, financial planners are beginning to see reversing your mortgage as a legitimate option for those who struggle with retirement savings. More and more people are finding it difficult to save up for a retirement fund. However, home equity “conversion” loans can aid those who have struggled to […]