When shopping around for a home equity loan, getting one with the lowest costs and interest rate should be your top priority. While it’s important to consider the big traditional lenders, new lenders like LoanDepot are not only making it easier to get a loan, but they’re also helping make it cheaper. Who are LoanDepot […]

home equity loan vs line of credit

Whether you’re trying to consolidate high-interest credit card debt, finance a home improvement project, or borrow for any other reason, home equity loans and lines of credit can be a great way to borrow at a low interest rate. But which is best? This home equity loan vs. line of credit review guide will help […]

Patch Homes Review

Patch Homes is a new company offering you home equity financing without any monthly payments. Yes, the concept is new. If you’re wondering what the catch is and how it actually works, you’re not alone. This Patch Homes review explains in detail how home equity loans without payments work, who they are designed for, and […]

Should you pay credit card debt with a HELOC

Credit card debt is expensive. As of February 2017, the Federal Reserve lists the average credit card annual percentage rate (APR) at 13.86%. And depending on your credit situation and the kind of card you choose, your APR could be much higher. All things considered, it’s no wonder that people often treat paying off credit […]

what is the draw period on a HELOC

If you thought the housing bubble was behind us, think again. A new home loan financial storm is brewing and most of us are clueless about it. This article looks into home equity lines of credit and how they could trigger the next financial crisis. Back in July 2014, the Federal Reserve, the Office of […]