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A "home loan" or "mortgage" is a sum of money loaned to you by a financial institution so you can buy a property. In return, the lender uses the property you buy as security for the loan.
Refinancing the mortgage on your house means you're essentially trading in your current mortgage for a newer one – often with a new principal and a different interest rate. Your lender then uses the newer mortgage to pay off the old one, so you're left with just one loan and one monthly payment.
A home equity line of credit, or HELOC, is a second mortgage that gives you access to cash based on the value of your home. You can draw from a home equity line of credit and repay all or some of it monthly, somewhat like a credit card.
"I highly recommend Carie and Heber, as professional, proactive and honest. There are not enough of adjectives articulating how great both of these professionals were during the entire process. Highly recommend!!!"
Carie and Heber are like the Wizards of Oz in real estate! We just clicked our heels and we had a new home, or that's what it felt like. My husband (a veteran) and I, recently sold and bought our new home with Carie and Heber. They handled both transactions with great professionalism, knowledge and patience. Carie didn't burden us with all the in between that comes with buying and selling, instead she updated us regularly with the important stuff and kept a open line of communication always. I highly recommend working with them whether you're buying or selling, then you too can say, "There's no place like home"
Carie made the whole process go smoothly! She was great about reminding me of deadlines and making sure everything was on-track!
Excellent experience! Seamless process, thorough and great communication. Would recommend to a friend.
Carie and her team make everything SO easy. She is thorough, meticulous, LISTENS, and best of all DELIVERS! I highly recommend working with her and her team! One of the BEST decisions I’ve made and I am so glad I was referred to her. Thank you Carie and team!!
We were so fortunate to have found Carie Herman as our realtor. Carie’s professionalism, knowledge, honesty, and hard work ethic are much respected and appreciated. She has always answered every call, text or email no matter what time of day or night it was. She helped us find the perfect house for our family in the perfect neighborhood. We never felt that she was just trying to sell us a house.
Carie was always on our side working to make our house purchase as smooth and successful as possible. The best part about working with Carie was that she was always more focused on answering our questions, giving us good advice, and finding homes that met our needs than she was on closing a deal. We would highly recommend her to anyone that is searching for a new home. Thanks again Carie Herman for being such a pleasure to work with.
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