If you’re still renting, have you ever considered the advantages homeownership can bring to your life? By living from apartment to apartment, all you’re really doing is paying for someone else to own a property instead of you. You don’t build any equity. By buying a home, the equation changes. Not only that, but buying […]

Home equity lines of credit (HELOCs) are awesome instruments that allow you to unlock equity and convert it into cash. However the really awesome part about HELOCs is the tools that live inside of them. Today I’ll discuss a few great ways HELOCs can be employed to your, the homeowner’s, benefit. For one, the amount […]

Buying a second home doesn’t just mean you have a great place to get away for a while. Instead, a second home is a perfect investment opportunity that allows you to make passive income, pay off your mortgage, and still enjoy some time away! Even better, you can do it without paying anything out of […]

Here we are in part seven of my series about the changes that followed the mortgage meltdown in the middle of the last decade; they always say to save the best for last, don’t they? Today I’ll discuss what’s been called the “Know Before You Owe” Law and how it helps to make it safer […]

Learn more: https://scottgriffin.com/blog/ In this sixth installment of my seven-part series on what changed after the mortgage meltdown, I’ll discuss The Ability to Repay Law and the Qualified Mortgage Rule. Before the 2008 crisis, lenders made loans available to consumers, some by asking consumers to leave sections of the loan application completely blank – can […]