A home equity line of credit, or HELOC, allows you to borrow against the available equity in your home giving you the financial space for larger expenses, or the ability to consolidate high-interest debt on other loans. With the potential for lower interest rates, HELOCs can be a great alternative to credit cards. But what’s the best use of this line of credit? ...Read More

Escrow accounts are used to pay property taxes, insurance, and other charges. Your mortgage company usually creates the account for you. Your taxes and insurance are part of your monthly mortgage payment. These are placed in your escrow account. The money stays there until it’s time for the mortgage company to pay your property taxes and insurance premium. ...Read More

As real estate markets flourish across the country, current mortgage rates may make it seem like the perfect time to be a first-time homebuyer. ...Read More

Did you know that you can get more from your home than just happy memories? You may qualify for a special kind of home loan called a Home Equity Line of Credit (HELOC). ...Read More