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Articles

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Is a home equity loan different from a cash-out refinance?

Both a home equity line of credit (HELOC) and cash-out refinance let you tap into the equity in your home, and depending on what you need the money for, one option could ...

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How to pick the perfect home loan in Washington State (2024)

With home prices and mortgage interest rates spiking in a volatile market, it’s more important than ever to choose a home loan that meets your needs.

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Time for a home update? Should you buy new or cash-out refinance and remodel?

The exact right time to refinance a mortgage will depend on each homeowner and their unique circumstances, wants, needs, built-up equity and personal finances.

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How does a bridge loan work?

Are you wondering, How does a bridge loan work? Bridge loans use the equity in your existing home to secure temporary financing for the purchase of a new home.

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Can you remove PMI without refinancing?

There are a number of ways you can remove PMI without refinancing, such as building equity, waiting out the mortgage term and applying to cancel the insurance.

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5 reasons to buy a home and retire in Washington State

Retiring in Washington State and purchasing a home can help you build equity faster, enable you to buy a second home and increase the investment in your future.

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Do I Have to Put 20% Down on a House?

Do I have to put 20% down on a house? The short answer is no. Some lenders may require this, but it's rare. For some people, 20% down is simply not realistic.

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What is home equity and how can it be accessed?

Home equity is a home’s value after subtracting the mortgage from the market value. It can be accessed through a home equity loan, HELOC or cash-out refinance.

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Renovating vs. relocating: 4 things to consider

When your current home isn’t perfect, you can choose to live with it, invest in making improvements or begin searching for a new home. Before you decide, consider these f...