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Home Equity

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Home Equity
Now a days you can buy a home without putting any down payment on it. This isn’t always the case, but more often we are seeing buyers being able to put little to no money down on a new home. Although if you put no money down, there are certain risks you may encounter. What are these risks? How can you avoid them? What are the benefits of refinancing you home? To learn more about home equity and how to make it work in your advantage take a look at what our expert has to say now!

Questions Answered by our Experts

Ron Goodlin
Ron Goodlin-Mortgage Banker and Broker, The Goodlin Group
Meet the Expert 
Home Equity 
  1. Ron Goodlin
  2. What is a Home Equity Line of Credit HELOC? 
  3. What is a negative amortization loan and is it a good way to lower my monthly payments? 
  4. How do I apply for a Home Equity Line of Credit HELOC? 
  5. When applying for a Home Equity Line of Credit HELOC what is the loan amount based upon? 
Putting A Down Payment On Your Home 
  1. Ron Goodlin
  2. How much of a down payment will I need to buy a home? 
  3. What can I do if I have little or no money for a down payment? 
  4. What are the risks of putting "zero down"? 

Popular Questions

  • Generally how far do interest rates need to drop to make it worthwhile for me to refinance?
  • What can I do if I disagree with the banks appraisal of my home?
  • Are too good to be true loan offers usually too good to be true?
Refinancing Your Home Loan 
  1. Ron Goodlin
  2. What is "refinancing"? 
  3. Generally how far do interest rates need to drop to make it worthwhile for me to refinance? 
  4. What is an "appraisal" and how is it used to calculate the value of my home? 
  5. What can I do if I disagree with the banks appraisal of my home? 
  6. When getting my home appraisal what are comps or comparables? 
  7. Does the process for refinancing differ from the normal mortgage process? 
  8. What is a "cash out option"? 
  9. What are the refinancing scams to look out for? 
  10. Are too good to be true loan offers usually too good to be true? 

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