Mortgage assumption is when a buyer takes over the seller’s existing mortgage and its terms. It can save...
Bridge loans for homebuyers are short-term, collateralized loans that let you buy a new home before selling...
An escrow shortage happens when your mortgage escrow account lacks enough money to pay property taxes...
Loan-to-Value (LTV) compares your mortgage balance to a property’s value and is a key factor lenders...
Cash-out refinancing lets homeowners convert home equity to cash by increasing their mortgage. It can...
A loan assumption in an owner‑financed transaction lets a buyer take over the seller’s existing mortgage...
When your loan-to-value (LTV) is close to lender thresholds, small moves (appraisal, principal paydown,...
Short-term bridge financing provides fast capital to buy and rehab a property when timing matters. It’s...
A HELOC (home equity line of credit) is often a better choice than a personal loan for large or phased...
A subordination request asks a subordinate lienholder (for example, a HELOC or second mortgage) to keep...