Browsing: Hard Money Loans

Key takeaways A HELOC is a line of credit based on your home’s equity: The more equity (value) you’ve built…

Photography by Getty Images; Illustration by Bankrate Homes are acutely unaffordable, a reality that’s pushing stressed-out buyers to consider fixer-uppers.…

Key takeaways A lower credit score doesn’t necessarily mean a lender will deny you a home equity loan. It does…

eclipse images/Getty Images/Illustration by Issiah Davis/Bankrate Key takeaways An open-end mortgage provides financing to help you buy a home now…

Key takeaways Because cash-out refinances are a riskier proposition, they tend to have higher interest rates compared to a regular…

Key takeaways Before you buy a second home, get clear on how you want to use the property. Will it…

Many homeowners are celebrating the recent boom in housing wealth, but not everyone is taking part in the home equity…

Eugenio Marongiu/Getty images Key takeaways Mortgage forbearance allows you to pause your mortgage payments, usually for up to six months,…

Key takeaways Looking at the past four decades, the average rate on a 30-year fixed mortgage peaked in 1981, rising just…

Key takeaways You don’t need a down payment to refinance, but you’ll likely have to come up with cash for…