How Does a Cash-Out Refinance Work?

When you pay off your mortgage, you’re building equity in your home. We talk a lot about home equity here on the Associates Home Loan blog and for good reason—you can use that built-up equity to [...]

Buying a house is an exciting yet nerve-wracking process for many. Homeownership is a significant investment that often requires a substantial mortgage loan. In order to get a mortgage, a bank or [...]

When you pay off your mortgage, you build equity in your home. When you’ve built enough over time, you can tap into that equity through a home equity loan or home equity line of credit (HELOC). [...]

Preparing to refinance your home in hopes of a better interest rate? Understanding each step of the refinancing process—from locking in a rate to closing—can help speed up the journey and help [...]

No matter what you’re shopping for, it’s always important to compare your options. That’s true whether you’re buying a new sweater or investing in your mortgage.  Very few [...]

Associates Home Loan is passionate about supporting families and giving back to the community—and to demonstrate that passion, we’ve established an adoption grant. Our adoption grant will award [...]

In today’s financial climate, many people struggle with maintaining a good credit score. Late payments, going over your credit limit, unemployment, or other financial hardships could lead you [...]

Bankruptcy can have lasting effects on your financial future, but it’s possible to recover after a bankruptcy discharge. In some cases, declaring bankruptcy can be the best choice when it comes [...]

There are a lot of misconceptions about hard money loans, but they’re more useful than you may think. As long as you go through a reputable lender and apply under the right circumstances, a hard [...]

Owning a home comes with many responsibilities, including choosing whether to refinance when interest rates drop. Maybe you’ve already refinanced your home—but maybe you’re struggling to [...]

Are you refinancing your mortgage? You may need a home appraisal to lower your monthly payment. Many homeowners refinance to secure a better interest rate or pay off their loans faster. Some may [...]

No longer having a mortgage is hugely liberating. Many people work for their entire lives thinking about the moment they truly own their entire home. But if you’ve always been focused on becoming [...]

You may have heard the term before, but what is a lien on a house? A lien is a legal document that states that a creditor (the lienholder) may take possession of a piece of property if the owner [...]

When you consistently make payments on your mortgage, you’re building home equity. Home equity is the share of your home that you actually own. It can be cashed out in a variety of different ways [...]

A reverse mortgage is a unique loan product for homeowners over 62 who want to tap into the home equity they’ve worked hard to build up. But is a reverse mortgage the right option for you? To [...]