Remove Home Improvement Remove Loan Officers Remove Renovations
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Driving Growth: Leveraging Home Equity to Expand Loan Officer Opportunities

Appraisal Buzz

At their best, Loan Officers (LOs) should act as financial guides to their customers, helping them see and help surface opportunities that they did not know existed. This is a good option for customers wanting to consolidate high-interest debt or finance home improvements.

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A must-read for homeowners: Do you have to renovate before you sell?

Cornerstone

Many more homebuyers are competing for available houses, and renovations might not be as necessary as they were to sell competitively just a few years ago. Taking the time (and spending the money) to renovate before selling might cause you to miss out on this chance. Keep 2 things in mind if you’re planning to sell this season.

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Outdoor Renovations: Think Outside the Box

PennyMac

Kitchen and bathroom updates are some of the first ideas that usually come to mind, but you can get great returns from making outdoor renovations and improvements. We talked to real estate and renovation experts to gather their tips and insights on renovation projects for your home’s exterior living space.

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Does Refinancing Affect Your Taxes?

Assurance Financial

Home improvements: With a cash-out refinance, you can finally tackle those home improvements. No matter whether you want to put a new roof on your home or build an addition, when you refinance, you can free up more cash that can be put toward these renovations. Make a Capital Home Improvement.

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Types of Loans for Homeowners and Prospective Buyers

PennyMac

Loan Types and Terms You can opt for the reliable stability of a fixed rate or the potentially lower initial payments with an adjustable-rate mortgage (ARM). Conventional loan programs versus government-backed ones (FHA, VA) offer different benefits to weigh. Get a tax deduction for home improvement costs.

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Home Equity Line of Credit (HELOC), Home Equity Loans, and Cash-Out Refinancing

PennyMac

Renting puts money into a landlord’s pocket, but owning a home helps you increase the value of your investment over time. When you do build home equity, it opens up cash-out options that can be used for home improvements, paying off debt or other projects. Home improvement. What Is a HELOC? Emergency funds.

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The Pros and Cons of Buying a House

PennyMac

Buyer has full control over home improvements and upgrades. Homes frequently increase in value over the life of a mortgage. Home equity also increases your borrowing power. If you are planning to buy, consider what renovations you need to make, in the near term and the future. Process can be complex.