A Home Equity Line of Credit (HELOC) is an easy way to borrow money using your home’s value as collateral. Let’s look into how a HELOC works and whether this option is right for you. How Much Can You Borrow with a HELOC? The first step in deciding if a HELOC is right for you …
Category: Financial Planning
15 Tips For An Easy Mortgage Process During The Holidays
‘Twas a crisp, cold, clear night, when we hoped for a house. With my hot cocoa stirring, I looked at my spouse. We’d mapped out our assets and budget with care, In hopes that our offer would not catch a snare. The children were nestled all snug in their beds, While dreams of new bedrooms …
Cashout Refi
Use the equity in your home to consolidate debt or pay for a repair or renovation with a Cash Out Refinance loan.
How to Refinance Without a New 30-year Commitment.
Now, you could get a refinance loan for any term between 15 and 30 years! Get a better rate without "starting over". Benchmark presents: Odd Term Mortgages.
Can You Afford A Mortgage? 5 Rules and 5 Questions
Have you ever wondered whether you can afford to buy a house? If so, you are not alone. Here are 5 Rules to remember and 5 Questions to ask yourself.
Nervous About Buying? Here’s A Dose of Confidence
If you are interested in buying a house, but do not know what you might need, or whether you can qualify, you’re not alone. Many would-be buyers are intimidated by the thought of what it takes to buy a home. Some wonder whether they can afford to buy, if they have enough saved for a …
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Homeownership and Your 2017 Tax Return
The deadline to file your 2017 tax returns is approaching on April 17th. If you have not filed your taxes yet, you can take this opportunity to talk to your tax professional about how homeownership may impact your tax return this year. Here are a few reasons why you may want to. Mortgage Interest may …
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Purchasing or Refinancing with the HomeStyle Renovation Program
The HomeStyle Renovation Program is available to borrowers who are looking to make Renovations, Repairs, or Improvements to a home with a single loan, rather than with a second mortgage, or home equity line of credit. At Benchmark, we know how important it is to make a house your own. Your Benchmark loan originator can …
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Why Buying Is Investing
If you are thinking about becoming a homeowner, it is important to see your house as an investment. A home is an asset with the potential to increase your financial stability over time. Unlike renting, where you pay your landlord’s mortgage without seeing any return yourself, homeownership works to broaden your financial worth. After purchasing …
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4 Tips to Save for Your Child’s College Tuition
Do you have children or grandchildren? If you do, you are likely considering their higher education opportunities long before they have similar thoughts of their own. If trends are any indicator, the cost of four year and two year universities continue to rise every year. As the cost of college increases, planning and investing in your child’s future …
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