Home Sweet Second Home

Posted by Spring EQ on Nov 1, 2022 5:40:43 PM

Looking to invest in a second property? Don't let bad timing or rushed decisions lead you to invest impulsively. Here's what to consider before you buy a vacation home or investment property...


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Topics: Cashout, HELOC, HomeEquity, Financial Tips, Personal Finance, investmentproperty, second home

How Smart Money Pays For Home Improvements

Posted by Spring EQ on Oct 19, 2022 4:38:11 PM

Ready to turn your house into your dream home? Before building a new bathroom or updating your aging electrical work, explore your options for financing.

Depending on the size of a home improvement project, many homeowners assume their credit card is a good option for accessing cash fast. Think again, because financing home projects on your plastic can come with some dream-crushing drawbacks.


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Topics: Cashout, HELOC, HomeEquity, FICO, credit score

homeowners love this credit score life hack

Posted by Spring EQ on Oct 10, 2022 9:33:31 AM

In this housing market, many homeowners are reassessing their goals–with home renovations and debt consolidation topping their to-do lists.

And for homeowners tapping their home's available equity to fund these goals, checking in on their credit score and seeing if they can give it a push in the right direction is step one.


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Topics: HELOC, HomeEquity, credit rating, FICO, Experian, credit score

Is a HELOC right for you?

Posted by Spring EQ on Oct 5, 2022 12:36:14 PM


Of all the ways to access your home's equity, the Home Equity Line of Credit (HELOC) may be the most misundertstood. Is it right for you?

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Topics: Cashout, HELOC, HomeEquity

New Living Space, New You

Posted by Spring EQ on Sep 14, 2022 5:03:23 PM

With the red hot housing market cooling off—and home values across America making headlines—homeowners are reimagining their living spaces. What would you do to reinvent yours?

 

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Topics: Cashout, HELOC, HomeEquity, home improvement, renovation, WFH

Rates are on the move but you have options

Posted by Spring EQ on Sep 7, 2022 9:59:40 AM

With rates on the move again, CNBC reports that "mortgage applications were 83% lower" from the same time a year ago. What does this mean if you’re a homeowner with a low mortgage rate who still wants to access cash from your home’s equity? Here are your options…

 

 

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Topics: mortgage, HELOC, finance, Financial Tips, Personal Finance, debt, debt consolidation, pay off debt

3 fast HELOC facts every homeowner should know

Posted by Spring EQ on Aug 9, 2022 12:53:00 PM


Of all the ways to access your home's equity, the Home Equity Line of Credit (HELOC) may be the most misundertstood. Is it right for you?

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Topics: Cashout, HELOC, HomeEquity

Debt Consolidation Secret Weapon

Posted by Spring EQ on Jul 31, 2022 5:20:46 PM

With CNBC stating that nearly 60% of Americans are living paycheck to paycheck, it’s no surprise that credit card debt is on the rise.

 

This mounting debt against a backdrop of record inflation could create significant financial challenges for many homeowners. So what they can do?

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Topics: Cashout, HELOC, HomeEquity, CashAccess, Financial Tips, Personal Finance, debt, debt consolidation, pay off debt

Basement Remodel Budget Tips

Posted by Spring EQ on Jul 25, 2022 3:58:15 PM

There are countless ways a finished basement can elevate your home—from home offices to guest rooms to movie rooms and more. With the right planning, your vision can become a reality. So if you're looking to add value to your home, finishing your basement could be a great option.

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Topics: Cashout, HELOC, HomeEquity, CashAccess, home improvement, remodel, Financial Tips, Personal Finance, home design, home trends, home upgrade

Do You Know Your DTI?

Posted by Spring EQ on Jul 19, 2022 1:16:56 PM

When you apply for a home equity loan, most people know FICO and credit score will play into their ability to qualify for a loan. But are you aware of the effect your debt-to-income (DTI) ratio can have?

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Topics: Cashout, HELOC, HomeEquity, CashAccess, Financial Tips, Personal Finance, CLTV, Cash Calculator, DTI, debt-to-income ratio, loan approval