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Tag: Personal Finance

Securing a Mortgage Loan Against Another Property
Posted on 10/06/2019
Securing a Mortgage Loan Against Another Property
Most people that obtain a mortgage loan against another property usually plan to buy a second house. This means that they are not ready to sell or move out of their existing place of residence, but they wish to have a second house that they can occupy later, use as a vacation retreat or as an income property....
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Should You Borrow Against Your Home?
Posted on 09/15/2019
Should You Borrow Against Your Home?
Borrowing against your home is called home equity. Home equity is the value of your property after deducting your remaining mortgage balance and is one of the sources of income for homeowners. After ultimately paying off your mortgage, it’s possible that the value of your property increases – which also increase your equity amount. If you live in...
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