Financial Fundamentals Blog

HELOC vs. Home Equity Loan

  • 7 17 Staff
On top of having a large space with a backyard for your family, undoubtedly one of the greatest benefits of owning your own home is using the equity you’ve built up to fund other goals. The equity of your home is the amount of your house’s market value minus the amount owed.

First-Time Homeowners: This Is How to Prepare to Buy a House

  • 7 17 Staff
Are you considering purchasing your own home? Owning your own home is an exciting prospect. You’ve probably started thinking about how many rooms you want, the size of your kitchen, and if a garage is an important must-have or not. Before getting started on planning what features you want your home to have and what you want it...

6 Most Common Reasons for Getting a HELOC

  • Admin
In addition to the value, security and personal fulfillment that comes with owning a home, the equity built up in your home can be a valuable financial resource as you face additional expenses and needs over time. Along with home equity loans and cash-out refinances, this equity can be accessed and used through a home equity...