by Prudent Financial Services | Dec 9, 2020 | Bad Credit Borrowing, Bad Credit Mortgage, Borrow with Your Car, Borrow With Your Home, Covid-19, Credit Card Debt, Equity Loans
Covid-19 has been a challenge for most over the last 9 months. Some businesses have thrived if they are a service that is curbside capable. But many have not. CTV reported recently that 1 in 7 stores are not expected to survive the pandemic. You personally may have...
by Prudent Financial Services | Nov 16, 2020 | Bad Credit Borrowing, Bad Credit Mortgage, Borrow With Your Home, Equity Loans, Reverse Mortgage
Home equity loans vs Reverse Mortgages As a home owner, you probably know already that your home is a valuable asset. When you find yourself short of money, it proves an almost guaranteed way to get a yes from the majority of lenders. Non-bank lenders especially are...
by Prudent Financial Services | Sep 10, 2020 | Bad Credit Borrowing, Bad Credit Mortgage, Debt Consolidation, Equity Loans, Home Equity Loan, Loan After Bad Credit, Mortgage Financing, Prudent Mortgage Corp, Second Mortgage
A Home Equity Loan (also known as Second Mortgage) is essentially another loan separate from your original mortgage with a lien on property in second position. A lien is the right to possess and seize property under circumstances explained in your mortgage documents....
by Prudent Financial Services | Oct 2, 2019 | Bad Credit Mortgage, Borrow With Your Home, Financial Problems, Getting Out of Debt, Home Equity Financing, Home Equity Loan, Home Equity Personal Loan, Mortgage Financing, Mortgage Renewal, Prudent Financial, Prudent Mortgage Corp, Second Mortgage
We write a lot about dealing with outstanding debt and finding more space in your budget – but what can you do if the problem isn’t your budget, but rather your expenses? It happens sometimes that the cost of living for a person or family may simply be too high....
by Prudent Financial Services | Jun 13, 2019 | Bad Credit Mortgage, Borrow With Your Home, Home Equity Financing, Mortgage Financing, Prudent Financial, Prudent Mortgage Corp, Second Mortgage
Is a second mortgage the right choice for you? If you’ve been wondering the answer, here’s how to tell. First off, let’s define what a second mortgage is. When you first buy your home, you take out a purchase loan – your first mortgage. This is typically secured by a...
by Prudent Financial Services | Apr 10, 2019 | Bad Credit Mortgage, Borrow With Your Home, Home Equity Financing, Home Equity Loan, Home Equity Personal Loan, Mortgage Financing, Mortgage Refinancing, Prudent Financial, Prudent Mortgage Corp, Second Mortgage
Thinking about applying for mortgage refinancing? It can be a great way to: Consolidate debtFund a home renovationPay for a big event, like a weddingCover education costsAnd more. But if you’re looking into mortgage refinancing, you’ll need to decide where to secure...
