Articles by Rebecca McCracken
Can You Refinance a Condo?
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The short answer is yes, you can refinance a condo, but it is important to know that there are several additional factors to consider when... read more
Understanding the HUD-1 Settlement Statement
August 5, 2021
When taking out certain home equity lines of credit (HELOC), reverse mortgages, or mortgages on manufactured homes that aren’t attached to real estate, the Department... read more
Here’s How to Refinance a Mortgage with No Equity
July 23, 2021
If you’re considering a mortgage refinance but don’t yet own enough of your home’s value, your first step is to learn how to refinance a... read more
HELOC Balloon Payments: How to Find a Way Out
July 23, 2021
If your home is worth more than your mortgage balance, a home equity line of credit could help with other financial goals. Typically you can... read more
What is the Break-Even Point on a Refinance?
July 13, 2021
The break-even point on a refinance tells you how long it takes you to recoup refinance closing costs. Some homeowners overlook this important calculation and... read more