Category: Half Your Mortgage
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The Best HELOC Payoff Strategy
Looking for the fastest HELOC payoff strategy that will help increase your cash flow without changing your income?This isn’t a riddle or gimmick… Think about it…A first lien HELOC is the tool that can make your financial freedom a reality by helping you quickly pay off what most likely is your largest debt. Our HELOC Payoff Strategy Gets…
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Want to Learn How to Operate a Trust? – AVOID THESE GUYS!
When it comes to knowing how to operate a trust, accuracy is KEY! In yesterday’s post we’ve shared the 6 most common (and costly) trust myths to avoid. We also promised we’d reveal the scammers that are teaching inaccurate information about trusts so you can avoid getting duped, establishing a fraudulent sham trust & possibly end up in…
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How Can You Use the Equity in Your Home?
Wondering how can you use the equity in your home? Feel like you need more clarity on how a HELOC works? That’s what we’ll be diving into today. First let’s get clear on what home equity is…Home equity is the portion of your home you’ve paid off — in other words, it’s your stake in the…
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A HELOC Strategy Compared to Other Financing Options
Wondering what other home financing options are available to you? Or what the difference is between mortgages, HELOANs, HELOCs & cash-refinancing? Financing a home can be confusing so today we hope to clarify your options. Conventional Mortgage Mortgages or “conventional mortgages” is where a bank or credit union lends money to purchase a property. Min. Credit Score: 680+DTI: 43%…
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Using a HELOC to Build Wealth
Tired of strict financing options that don’t allow you to use funds the way you want? With a HELOC you’ll never run into that issue… Short on Cash? Why Not Try Using a HELOC to Build Wealth? Unlike a mortgage which can only be used to finance a home, or other types of loans that…
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HELOC Strategy Explained
Would you like the HELOC strategy explained to you?That’s what we’ll be diving into today. Whatever your payment arrangements during the draw period—whether you pay some, a little, or none of the principal amount of the loan—once the draw period ends, you enter the repayment period. During this time you must make payments on the principal…
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How Much Money Can I Get With a HELOC?
If you’ve been keeping up with our emails by now you know how home equity works, what a HELOC is and how it’s superior to other home financing options. But you may be wondering… How Much Money Can I Get With a HELOC? Before we get into that, first let’s review what LTV means. LTV means…
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You’re Gonna Love This HELOC Feature..
Wondering how long you can withdraw funds from your HELOC?Unlike other types of home loans, HELOCs are unique because they work in two phases. A draw period and a repayment period.Unlike conventional mortgages where you’re locked-in for 30-40 years or other options like personal loans that offer short terms for only 1 to 5 years… HELOC…
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HELOC vs Mortgage Interest Rates
Curious how HELOC vs mortgage interest rates compare? That’s what we’ll be getting into in today’s post. But first…Surprisingly enough around 30% of people pay for their homes in cash each year. Doing this will entirely avoid the need to pay interest on a loan. However, if you’re like the majority of us, you’ll need to borrow money…
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The TRUTH About Variable HELOC Interest Rates
Hey, did you see our blog post yesterday? Hopefully so – it was an important one because we explained the difference between how interest is calculated on a mortgage vs. a HELOC. We showed how a home equity line of credit (HELOC) can save you hundreds of thousands of dollars with its repayment flexibility, by calculating…