Pros & Cons of Second Mortgages

Pros & Cons of Second Mortgages

The term second mortgage may make the hairs on the back of your neck stand up, but if you know how to use it, a second mortgage can actually help you out.  When you hear the term “second mortgage,” negative thoughts come into play. You may ask yourself, “Why would I ever need a second Read More

New Mortgage Rules

How The New Mortgage Rules Will Affect You

The pros and cons of the new Loan Estimate and Closing Disclosure mortgage rule. In an effort to prevent issues in the housing market like the ones we experienced in 2008, the Consumer Financial Protection Bureau has taken some steps to make sure consumers understand the home buying process. Beginning October 3rd, anytime you apply Read More