Farmington Hills Michigan Home Equity Loan Options

Farmington Hills Michigan Home Equity Loan Options

Thomas Gilliam Blog , Farmington Hills , home equity , Uncategorized Leave a Comment

There are a few different types of home equity loans. Some may be a better alternative than others based on your situation, interest rates, and the reason for your home equity loan. The Farmington Hills Michigan home equity loan options detailed in this article may help you understand your options. Home Equity Loan Types Cash-out Refinance A cash-out refinance pays off your first loan and creates a new one. The new loan includes the amount of the old loan, the extra funds you are taking out and applicable settlement costs. Because you are replacing the old mortgage, rather than taking …

Oakland County MORTGAGE PAYOFF: Five For & Three Against

Oakland County MORTGAGE PAYOFF: Five For & Three Against

pdseoadmin Blog Leave a Comment

Oakland County MORTGAGE PAYOFF: Five For & Three Against                                                              Do you dream of the day when you mail your last mortgage payment in Oakland County to your lender? Do you wish for a day when you are mortgage-free? Well, your dreams might be misplaced. Paying off that loan early—if you have the extra dollars—seems to make sense, especially if you have other plans for your money. Yes, you absolutely should …