Considering using your home’s equity to secure extra cash? You have several options. NewHomeSource compares cash-out refinancing, HELOCs, and home equity loans to help you decide which is best for you.
Financing
Cash-Out Refinance Explained
Are you a homeowner in need of a lump sum of cash to pay for major expenses? Here’s what you need to know about cash-out refinancing.
How Does a Construction Loan Work?
Construction loans are key for new homebuyers looking to financing the building process. Here’s everything you need to know.
Types of New Construction Loans
There are many options for financing your new-build home. Think you know them all? Check out these 4 types of construction loans.
Everything to Know About Home Equity Lines of Credit
Homeowners who stick to their monthly mortgage payments can apply for a specific type of loan: a home equity loan. Click here to learn more!
Everything to Know About Home Equity Lines of CreditRead More
What You Need to Know About HELOC Loans
Homeowners looking for cash to help with finances may consider a HELOC. Here’s everything you need to know about home equity lines of credit.
The Complete Guide to Closing Costs in South Dakota
Ready to close on your home in South Dakota? There’s a lot to know about closing costs; read on to make sure you’re not caught unawares.
The Complete Guide to Closing Costs in South DakotaRead More
The Complete Guide to Closing Costs in Texas
Ready to close on your home in Texas? Think you know everything about closing costs? Quiz yourself to make sure you haven’t skipped anything.
2022 Guide to Closing Costs in South Carolina
Buying a home in South Carolina? Think you know everything about closing costs? Quiz yourself with this article and make sure you didn’t miss anything.
Your Guide to Closing Costs in Rhode Island
Think you know closing costs in Rhode Island? Double check here to test you knowledge and make sure you haven’t forgotten anything.
2022 Closing Costs in North Dakota
Buying a home in North Dakota? Check here to see if you know what closing costs will be, and for ideas on how to lower those expenses.
2022 Guide to Closing Costs in Nebraska
While you may be saving for a down payment to buy your dream home in Nebraska, make sure you have the cash for closing costs.
Your Guide to 2021 Closing Costs in Maine
Buy a home in Maine? Here’s what homebuyers need to know about closing costs and how to save on this step in the homebuying process.
Your 2021 Guide to Closing Costs in Illinois
Ready to buy a home in Illinois? While you may have a down payment, here’s how much you should be saving up for closing costs in the Prairie State.
Your Guide to Closing Costs in Hawaii
Closing costs can run high in Hawaii, so if you’re moving to the Aloha State, here’s how much you should be saving up.
Everything You Need to Know About Closing Costs in Georgia
If you’re a homebuyer ready to make a home in Georgia, you’ve got some saving up to do. Here’s how much closing costs are in the Peach State.
Everything You Need to Know About Closing Costs in GeorgiaRead More
Guide to Idaho Closing Costs in 2021
Ready to buy a home in Idaho? While you may have a down payment, here’s how much you should be saving up for closing costs in the Gem State.
2021 Closing Costs in Delaware
If you’re a homebuyer planting roots in Delaware, make sure you’re saving up not just for a down payment for your new home, but for closing costs, too. Here’s how much closing costs may cost homebuyers in The First State.
Your Guide to 2021 Closing Costs in California
Welcome to the Golden State. If you’re a homebuyer ready to call California home, make sure you’re saving up to cover the closing costs.
Your Guide to Closing Costs in Alabama
Ready to make Alabama your sweet home? Paying for closing costs is one of the final hurdles in the homeownership process after securing a mortgage; here’s what to expect.
6 Things to Know About Homestead Exemptions
Homestead exemptions can protect homeowners from the forced sale of their home to pay off creditors during financial hardship, keep seniors in their homes, and offset your property tax bill. Let’s look at six things you need to know about this exemption.
10 Key Documents Homeowners Need During the Home-Selling Process
A big part of the home-buying and homeownership process is paperwork. To help you get familiar with what’s in store, here’s a look at the 10 key documents you’ll come across in the home-selling process that will help you get acquainted with every detail of your home.
10 Key Documents Homeowners Need During the Home-Selling ProcessRead More
How Much Mortgage Can I Afford? A Home Buyer’s Guide to Calculating a Mortgage
Before you start shopping for homes, it’s best to know how much home you can afford. NewHomeSource outlines what you need to know to calculate a mortgage and to help determine how much loan you may qualify for.
How Much Mortgage Can I Afford? A Home Buyer’s Guide to Calculating a MortgageRead More
Private Mortgage Insurance: 6 Things Every Home Buyer Should Know
Private mortgage insurance could help you get qualify for a conventional mortgage and get you into your dream house — but is it worth it? Here are 6 things every home buyer should know about PMI.
Private Mortgage Insurance: 6 Things Every Home Buyer Should KnowRead More
Is an Adjustable-Rate Mortgage a Smart Move for Your Home Purchase?
An adjustable-rate mortgage may be the smart way to go when buying a home, but it’s not without risk. NewHomeSource looks at the pros and cons and whether an ARM could be right for you.
Is an Adjustable-Rate Mortgage a Smart Move for Your Home Purchase?Read More
8 Creative Ways Gen Zers Can Start Saving for Their Home Purchase Today
Here are eight creative ways that Millennials and Gen-Zers can start saving up for their first home that won’t destroy your lifestyle.
8 Creative Ways Gen Zers Can Start Saving for Their Home Purchase TodayRead More
What is Single-Close Financing and Why You Should Consider It When Building New
A construction-to-permanent financing automatically switches to permanent financing once your home is completed. It’s important to choose the right builder before you take on such a loan.
What is Single-Close Financing and Why You Should Consider It When Building NewRead More
Down Payment Assistance Programs: How to Find Help to Buy a Home
A down payment assistance program or homeownership program can help first-time buyers purchase a home sooner than they expected. There are a variety of programs out there to help.
Down Payment Assistance Programs: How to Find Help to Buy a HomeRead More
Buyer’s Guide To Builder Closing Cost Incentives
Closing on your home is the final step to your journey to homeownership. NewHomeSource breaks down everything you need to know about closing costs, and builder closing incentives.
How Much Mortgage Can I Afford?
Find out how you determine how much mortgage you can afford for your first home.