Second Mortgage Home ownership has the benefit that it allows you to use your home as collateral and borrow needed money against it, by taking a second mortgage. Up until a few years ago, lenders and banks had curtailed the amounts and restricted the circumstances that allowed you to get 2nd mortgages.... 

Closing Costs and Refinance Risks Remember the last time you moved? You probably incurred some expenses for truck rental, utility hook-ups, moving services, etc. Just like moving, refinancing comes with its own set of one-time expenses, commonly known as closing costs. All about closing costs There... 

Refinance or Second Mortgage? When it’s time to trade-up your first car, you must select a suitable replacement from the many makes, models, and optional upgrades available. Thankfully, choosing your trade-up mortgage won’t be as complicated. But there are still some decisions to be made.... 

Trading up your job for increased responsibility has some advantages above and beyond a bigger paycheck-maybe a designated parking space, or that coveted corner office. Similarly, a mortgage refinance has a few perks of its own. One of these is the mortgage interest tax deduction. Saving on taxes As...