JoCo Homebuying: The Home Equity Secret Weapon - What It Is and How to Use It

JoCo Homebuying: The home equity secret weapon - what it is and how to use it

By Charity Ohlund, VP of Sales & Marketing | Fountain Mortgage When you hear people talk about “home equity,” it sounds important. (Also slightly mysterious, like something you unlock after completing a secret homeowner quest.) Good news: it’s not that complicated. And if you know how to use it wisely, home equity can become one of the most powerful tools in your financial life. Let’s break it down — homeowner-to-homeowner. What is home equity, …

A Key Difference Between HELOCs and Home Equity Loans Could Matter Again Soon - The Truth About Mortgage

A lot of people (even industry folks) speak about HELOCs and home equity loans interchangeably. As if they’re essentially the same thing and not even different. After all, both allow you to tap into your home equity for cash needs, and they’re often second mortgages. But while they do share some commonalities, they’re also vastly… Read More »A Key Difference Between HELOCs and Home Equity Loans Could Matter Again Soon The post A Key Difference B…