Owning your own home is a big part of the “American Dream.” If you’re a first-time home buyer, the process of securing a mortgage can feel overwhelming. For a first-time home buyer, down payment assistance may be necessary, as saving up enough money for a substantial down payment is often easier said than done. This… View Article

Being able to buy your own home is a big part of the American dream. Owning a home gives you the ability to accumulate equity, which can then be used to take out a second mortgage or home equity loan. But is there a real difference between a second mortgage and a home equity loan? The short answer is yes, there can be.

If you’re looking to reach financial goals or renovate your home, you may be considering a cash-out refinance or home equity loan. Both of these options allow you to use the equity you have accumulated in your home as collateral and borrow against it. But what is the difference between a cash-out refinance and a… View Article