Kirk Haverkamp Icon

Kirk Haverkamp

212 Articles

is the editor and chief staff writer of MortgageLoan.com.  An award-winning reporter and editor with more than 25 years' experience in journalism and public relations, his background includes covering community affairs for the Romeo (Mich.) Observer newspaper and writing about natural resources issues for the Great Lakes Commission in Ann Arbor, Mich. before joining MortgageLoan.com. He's also a contributor to Credit.com, Investopedia and the MetroMode online magazine chain, among other work. He has a B.A. in English from Hope College and a Master's Degree in journalism from Michigan State University.

Interest-Only Second Mortgages
HELOC

Interest-Only Second Mortgages

Homeowners who are looking for a short-term infusion of money might consider an interest-only second mortgage in the form of a home equity line of credit (HELOC). Although other types of interest-only mortgages have practically disappeared for all but the most affluent borrowers, many lenders still offer an interest-only option on HELOCs that middle-class homeowners can take advantage of.

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 8 years ago | 4 minutes read time
Tap Your IRA, 401k for Down Payment?
Personal Finance

Tap Your IRA, 401k for Down Payment?

Coming up with the down payment can be one of the biggest obstacles to home ownership. If you have a retirement account, you may be able to borrow from it to get those funds, but it's an area where you ought to proceed with caution.

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 9 years ago | 3 minutes read time
What is Mortgage Fraud? Introduction and Definition
Mortgage fraud

What is Mortgage Fraud? Introduction and Definition

Mortgage fraud has become more prevalent over time and is a particular concern during an economic recession. Upheaval in housing markets, homeowners facing foreclosure and unscrupulous persons looking for easy money all contribute to a climate in which mortgage fraud may occur.

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 1 year ago | 5 minutes read time