HELOC

All You Need to Know About HELOCs

person signing papers

As you pay down your mortgage or the value of your home increases, you develop equity. When you have equity built up in your home, borrowing against it with a Home Equity Lines of Credit (HELOCs) is a great way to tap into the money when you need it most. Many people take out a HELOC to finance home improvements, pay for college education, cover unforeseen medical costs, and many other purposes. Here’s all you need to know about HELOCs.

Essential Tools for Every New Homeowner

tools hanging on peg board

As a new homeowner, you likely have a long list of items you need or want to purchase for your new home. From welcome mats to window treatments and wall hangings, there’s lots to buy in the first few weeks after closing on your first home. As you browse through new couches and home decor, don’t forget to stock up on the basic tools every new homeowner needs.

Do It Yourself or Leave it to the Pros?

couple painting room in house

In today’s world, when you can practically look up how to do any project online, it’s tempting to want to do it yourself, but it isn’t always the best choice. Attempting to do a home improvement or repair project on your own can often times end up costing more time, money and problems than it’s worth. Here are some tips to determine when to do it yourself, and when to leave it to the pros.

5 Steps to Take Before Making a Large Purchase

at home gym

Have you ever been bitten by the gotta-have-it bug? It could be a Peloton bike that’s caught your eye, or maybe you want to spring for a new entertainment system, no matter the cost. Before you go ahead and make the purchase, though, it’s a good idea to follow the steps outlined here to be sure you’re making a decision you won’t ultimately regret.

Top DIY Home Improvements

home improvement supplies

Your home is where you spend a good portion of your time. It’s where you and your family create happy memories. It’s understandable that you’d want your home to be just the way you want it. However, it can be expensive to hire a professional to renovate parts of your home. If you want to freshen up your home without the added expense of a contractor, here are some DIY home improvements to try, if you’re feeling handy.

Is it a Good Idea to Open a HELOC?

Is it a Good Idea to Open a HELOC?

If you’re looking for some extra cash to use for a home improvement project, your child’s college education or if the economic effect of COVID-19 has left you in need of cash, consider tapping into your home’s equity. One great way to do this is by opening a Home Equity Line of Credit (HELOC). Let’s take a closer look at HELOCs and why they can be an excellent option for homeowners in today’s financial climate.