What Is a Closed-End Second Mortgage?
A closed-end second mortgage gives you access to a lump sum of your home equity without refinancing. Learn how this loan works and its benefits. Contact us now!
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A closed-end second mortgage gives you access to a lump sum of your home equity without refinancing. Learn how this loan works and its benefits. Contact us now!
As inflation continues to strain wallets, CrossCountry Mortgage has a new way to put cash into consumers’ hands. A new Closed End Second (CES) loan turns a home’s equity into cash with a smaller fixed-rate second loan.
Both a home equity loan and a HELOC offer a way to convert your home equity into cash. Understanding the difference can help you apply for the right one.
You want to buy a home, but you can’t put as much down as you’d like because your equity is tied up in your old property. If you’re in this situation, don’t worry—you aren’t alone. This can be a frustrating problem, but you have options. Today I’ll share a method you can use to lower your monthly payment after closing without putting more money down up front.: a mortgage recast.
Learn what ITIN loans are and how they help individuals without a Social Security Number achieve homeownership. Explore your options with ITIN loans today!
Find out the differences of a 15-year fixed mortgage vs. a 30-year fixed mortgage, compare pros and cons, and decide which one would be better for you.
CrossCountry Mortgage innovates to support borrowers in today’s fluid market. Explore how CCM adapts to provide stability and solutions for homebuyers!
Discover how to get pre-approved for a mortgage with CrossCountry Mortgage. Learn the steps to take and start your homebuying journey with a pre-approval today!
With a HELOC (home equity line of credit) you can borrow money against equity in your home, but it has financial pros and cons. Learn how HELOC loans work.
What are mortgage points? Discover why mortgage points are a popular way to lower your mortgage interest rate. Explore how they work and their benefits.