Related FAQs
A collateral mortgage means your home secures the loan as collateral. If you miss payments, the lender may repossess the home or claim ownership of the property. Read more
A collateral mortgage means your home secures the loan as collateral. If you miss payments, the lender may repossess the home or claim ownership of the property. Read more
What is home equity & how can you use it? Learn how your home’s value minus your mortgage balance can unlock financial options like HELOCs & home equity loans. Read more
What is home equity & how can you use it? Learn how your home’s value minus your mortgage balance can unlock financial options like HELOCs & home equity loans. Read more
Discover what a loan-to-value ratio is and how the LTV ratio is calculated. Learn how lenders use it to assess mortgage risk, home equity, and PMI requirements. Read more
Discover what a loan-to-value ratio is and how the LTV ratio is calculated. Learn how lenders use it to assess mortgage risk, home equity, and PMI requirements. Read more