What are the tax benefits of homeownership?
The tax code provides several benefits for people who own their homes. The main benefit is that the owners do not pay taxes on the imputed rental income from their…
Category:
MORTGAGE
5 Articles
5
Do These 5 Things First For Happy Retirement?
You’ve worked hard for years to get where you are today. Now it’s time to plan for the next big thing — retirement. Here are four important things to do…
What is securitization and why is it used?
Securitization is the financial practice of pooling various types of contractual debt such as residential mortgages, commercial mortgages, auto loans or credit card debt obligations (or other non-debt assets which generate…
Recast Mortgage: What Is It & How Do You Calculate It?
Homeowners who want to shave off dollars from their monthly mortgage payment, as well as save money on interest, might consider a mortgage recast. This strategy won’t help you pay off your…
What Is a Maximum Loan Amount?
The maximum loan amount is the highest amount that your lender authorizes to you. This loan amount applies to standard loans, credit cards, and even line-of-credit accounts. Several factors are taken into…
Page 1 of 1