What is a Home Equity Loan?
A home equity loan is also known as a second home mortgage when home owners get it. When a home mortgage is paid off by a certain percentage, (through a lumpsum or monthly mortgage ...
What is a Home Mortgage?
A home mortgage is a loan that is used to finance a home. For most people, a home mortgage on a home is the largest debt they will ever incur. Most home mortgages are spread over a ...
What is a Starter Home?
A home buyer, just starting out in life, decides to buy his/her first home. This is how the concept of “starter house” or starter home got started. The concept of a starter ...
What is Homeowners Insurance?
When people buy a home for the very first time, they find themselves trying to gain a lot of knowledge in a very short time, about home ownership and all of its requirements. One of ...