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What’s the Difference Between a Second Mortgage and a Home Equity Loan?

February 5, 2025 by Robby Oakes

If you’ve been diligently paying down your mortgage, you’ve likely built up a valuable asset: home equity. This financial resource can be a game-changer, offering opportunities to fund major expenses, consolidate debt, or tackle unexpected financial challenges.

Filed Under: Home Mortgage Tips Tagged With: HELOC, Home Equity Loan, Second Mortgage

What Are Your Options When Funding Your Down Payment?

November 7, 2024 by Robby Oakes

Buying a home is a big milestone, and for many, saving for a down payment can feel like a major hurdle. Fortunately, there are several ways to make that down payment happen. Whether through savings, family gifts, 401(k) funds, or even second mortgages, understanding your options is key to making the best financial choice.

Filed Under: Home Mortgages Tagged With: 401K Withdrawl, Down Payment Options, Second Mortgage

What You Need To Know About A Closed-End Second Mortgage

January 31, 2023 by Robby Oakes

A home is probably one of the most expensive purchases you will ever make. It is important for you to understand all of the options available to you, particularly if you need a quick source of cash, and you might be thinking about taking out a second mortgage.

Filed Under: Mortgage Tagged With: Loan Options, Mortgage, Second Mortgage

Five Questions You Might Want To Ask Before You Refinance Your Home

April 29, 2014 by Robby Oakes

Refinancing your home might be a great way to save money or tap into the capital needed to pay off large debts.

Filed Under: Uncategorized Tagged With: Home Mortgage Rates, Refinancing, Second Mortgage

Robby Oakes


Robby Oakes

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NMLS# 91606

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