Category Archives: Home Loan – Mortgage

Las Vegas mortgage Insurance

Mortgage Insurance – 3 Ways to Avoid

How To Avoid Paying Mortgage Insurance Mortgage insurance — also called private mortgage insurance (PMI) is an insurance policy that mortgage lenders will ask you to take out to protect them in the case you default on your mortgage. This way they make sure that your home will have enough equity to pay off the

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How to Buy a House With Student Loans

Student Loans May Affect Mortgage Eligibility For most of us purchasing a property is a major financial and life milestone. However, student loan debt student loans can make buying a home a challenge for some millennials. According to a study published by the Wall Street Journal, the average 2015 college graduate has $35,000 dollars in debt

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What is a Home Equity Line of Credit?

Since home buying has faltered, banks have pushed home equity lines of credit (also known as HELOCs) to homeowners whose properties have regained much of the value they lost during the housing crisis. A home equity line of credit is a form of revolving credit in which your home serves as collateral. Because a home

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Advantages and Disadvantages of 1031 Exchange

1031 Exchange Rules and Requirements  The Internal Revenue Code of the United States declares, under Section 1031 Exchange, that the swap of specific types of real estate property may defer due taxes applied on regular capital gains. If you represent a business that holds as asset one real estate property which, if sold for cash,

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Alternatives to Foreclosure: Options to Save Your House

Understand Your Options If you are late on your mortgage payment or if you haven't been able to pay your mortgage for several months in a row, your lender may consider foreclosing on your house. Regardless of the reasons why you are behind on your mortgage payments, the important thing is that you understand your options going

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