Cashback Mortgages

Cashback Mortgages

Have you heard about “Cashback Mortgages”? A cashback mortgage is a type of mortgage where the lender provides a cash incentive at the time of closing, to encourage the borrower to go with that specific lender. This incentive is typically a percentage of the mortgage...
Pros and Cons of Buying a Home vs Renting

Pros and Cons of Buying a Home vs Renting

In June I asked my VIP Club members their thoughts about the pros and cons of buying a home versus renting. Quite a few responses came in, which I’ve summarized below. Pros of Buying A Home   Wealth Building and Equity Growth: Building equity and forced savings...
Second Mortgages vs  Refinancing

Second Mortgages vs Refinancing

As a homeowner, you may have heard of second mortgages but not fully understood what they are or why they could benefit you. Let me explain. A second mortgage is a loan that uses the equity in your home as collateral. It allows you to borrow against the value of your...