Articles for category: Home Equity Loans

Home Equity Loan Rates: Everything You Need to Know

If you’re a homeowner and have built up equity in your property, you’re sitting on a valuable resource. Home equity loans allow you to borrow against the value of your home, offering a way to finance significant expenses like renovations, debt consolidation, or even education costs. But like any loan, it’s crucial to understand the ...

DerrickCalvert

Home Equity Loan: A Smart Financial Tool for Homeowners

A home equity loan could be the answer if you’re a homeowner looking for a way to leverage the value of your property to cover large expenses. Whether you’re planning to renovate your home, consolidate debt, or fund significant life events, understanding how home equity loans work is essential to making informed financial decisions. This ...

What is a VA loan for construction?

What is a VA loan for construction? A VA construction loan is a loan for the construction of a home. It works in the same way as other types of construction loans. With a VA loan you can borrow the amount needed to buy a house and pay it back with interest over a fixed ...

DerrickCalvert

Home Equity Loans and Home Equity Lines Credit

Understanding the differences between home equity loans and home equity lines credit The home equity line of credit and the home equity loan have become popular options to finance unexpected or large expenses. The interest rates on home equity loans and credit cards are typically lower than those on credit cards. They also allow you ...

How Much Does a Kitchen Remodel Cost?

Everybody loves a chef-quality kitchen, and that shows in the realty market. Zonda, an California-based housing data and consulting firm, released a report in 2021 that ranked remodeling the kitchen third for home improvements that provide homeowners the highest return on their investment (ROI), during resale. Elizabeth Gomez, coowner of Bridge City Contracting (a contracting ...