What Is A HELOC??

If you’re a homeowner, you may have heard of a home equity line of credit, or HELOC. But what is it and how does it work? A HELOC is a type of 2nd mortgage that lets you borrow money using the equity in your home as collateral. Equity is the difference between...

What Is An FHA Renovation Loan?

Great question! Here’s how an FHA renovation loan works: – It’s a type of mortgage that lets you buy a home that needs some work and finance the renovations with the home price. – You can choose between two types of FHA renovation loans:...
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