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How to Use Your Home Equity

How to Use Your Home Equity

One way to access cash quickly is to tap into your home’s equity. However, when you’re borrowing against your home, it’s important to proceed with caution and to understand your options. Some of the common options for accessing your home's equity include: Cash-out...

Is it Time for Debt Consolidation?

Is it Time for Debt Consolidation?

When you have outstanding debt, from auto loans to student loans to credit cards, it can be hard to keep up with payments and balances. You may find that debt consolidation can help you streamline your finances, but it’s not going to fix your underlying financial...

What is an Adjustable Rate Mortgage?

What is an Adjustable Rate Mortgage?

If you’re shopping for a home, it’s important that you know what an adjustable rate mortgage, often referred to as an ARM, is. This is a home loan that has a variable interest rate. The initial interest rate is fixed for a specified period of time. After that, it will...

Is an FHA Loan the Right Choice for You?

Is an FHA Loan the Right Choice for You?

If you’re a first-time homebuyer in Columbia, South Carolina and your credit needs some work, you may not qualify for a conventional mortgage- or if you are able to qualify, the interest rate is likely to be outrageous. However, an FHA loan may be a good option if you...

Pros & Cons of Reverse Mortgage

Pros & Cons of Reverse Mortgage

Chances are, you’ve seen ads online and on TV or heard them on the radio about reverse mortgages. If you’re nearing retirement age, it might sound like a pretty good idea, especially if most of your net worth is in your home. That being said, if you are in Columbia,...

What is the Difference between Prequalification and Preapproval?

What is the Difference between Prequalification and Preapproval?

You’ve been doing a lot of thinking and you’ve decided that you’re ready to take the leap and buy a home. One of the first things you will want to do is gather the documentation you will need to apply for a mortgage. If you are in or near Columbia, SC, you can contact...

How to Refinance Your Home

How to Refinance Your Home

Your home is one of the biggest- if not the biggest- investments you will ever make. One of the ways you can leverage that investment is to refinance. There are several reasons you may be considering refinancing- from getting cash from your home to reducing your...

5 Reasons Real Estate Is The Most Effective And Lucrative Investment

5 Reasons Real Estate Is The Most Effective And Lucrative Investment

The vast majority of people spend their lives working full-time jobs to earn a “steady” income. Meanwhile, the wealthy have somehow unlocked the secret to working less while making their money work for them. So what is it that the wealthy know that the rest of us...