What is a second mortgage? It's any loan secured by the value of your home, aside from the main loan used to buy the home itself. That one is called your primary mortgage; any other loans secured by your home are called second mortgages, no matter how many there are.
There are many different types of mortgage loans. Though many people simply think of a mortgage as the loan used to buy a home, in reality a mortgage is any type of loan that is secured by home equity.
This guide has been created to help individuals living with disabilities, and their family members, in the process of buying a home of their own. Here you can learn more about the five important steps in buying a home and about financial assistance programs that are available for you living with disabilities, who want to buy a home.
As the name implies, a “Green Mortgage” is an environmentally friendly type of home loan. But how do you make a mortgage environmentally friendly? Also known as Energy Efficient Mortgage Programs, Green Mortgages are a special type of loans that are designed to make your home more energy efficient while saving you money at the same time.
Purpose of this guide
This guide will help seniors of all ages to understand some of the options open to them and precautions that they should take when it comes to owning a home, downsizing, paying a mortgage, taking out a reverse mortgage, and selling property.
Purpose of this Guide
This guide aims to help persons of low income gain an understanding of the options available when it comes to finding affordable housing and getting a mortgage. By the end of this guide the reader should have a better grasp of the following:
Purpose of this Guide
This guide aims to provide single parents with the necessary tools, resources and guidance required when making an informed decision about getting on the property ladder.
After reading and digesting this guide, readers should have a basic grasp of the following:
Coronavirus (COVID-19) information guide: Key points relating to home loans, mortgages, refinancing, real estate and the housing market. We hope to help answer and provide resources on the common questions in these challenging times. Whether you’re looking for mortgage payment relief or considering refinancing with current historical low rates to help with cash flow. There are many situations in which you may need mortgage assistance because of the impact of the novel coronavirus COVID-19. We’ve studied the latest information available to assist you in these unique times.
What's keeping you from applying for a mortgage? Maybe you're worried that your three-digit credit score isn't high enough or that you have too much debt. Maybe you're worried that mortgage lenders will require a large down payment that you won't be able to afford.
When it comes to fear of missing out, or FOMO, keeping an eye on Instagram, Facebook and other social media to see what your friends are doing may not cause as much anxiety as watching mortgage rates change daily and decide if you should jump in.