Now that the state is opening back up, lenders are getting back to work. Now that we’re into phase two of our state’s reopening, what does that mean for the lending world? In case you’re not aware, many lenders suspended their operations once the COVID-19 outbreak hit. Not only that, but they also added a […]

https://youtu.be/cg5Tv0ryfI0 If you’re having trouble paying your mortgage during the pandemic, don’t seek out a forbearance before reading this. What is a forbearance? Put simply, a forbearance is an agreement in which your mortgage provider allows you to delay your payments for a certain period – but it’s not the same as mortgage forgiveness. For example, suppose […]

Here’s a quick rundown of how the COVID-19 pandemic has impacted our market. What’s been happening in our market since the COVID-19 pandemic hit? There are a few key developments to know about. First, as I’m sure you’ve heard, the federal funds rate has been lowered, but this doesn’t necessarily translate into lower mortgage rates […]

In previous episodes of our series on tapping into your home’s equity, we discussed doing traditional FHA, VA, and conventional loans, as well as home equity lines of credit (HELOC). Today I’ll share the third way to turn your home into a financial resource: home equity loans. Home equity loans are mostly for people who […]

You may be familiar with how to tap into your home’s equity by refinancing your FHA, VA, or conventional, but do you know about HELOCs? Today I’m giving you a tip on how to tap into your home’s equity by using a home equity line of credit, or HELOC. With a HELOC, the line of […]