Tandia Talks Money
Hooking Up (With the Right Mortgage)
Ok, so you’ve got a mortgage? Let’s manage it! This week, Carla takes us through the ins and outs of mortgage options like renewal, refinancing, and switching, along with the pros and cons of each. Just like dating, finding that perfect mortgage match will take a little bit of work, but it’s so worth it when you find the right fit! When looking into these options, it’s important that you ask yourself what your financial goals are, and don’t be shy about reaching out to a professional like a mortgage broker for some sage advice tailored to your specific situation. Carla also dives into the specifics of second mortgages and secured loans—two types of financing that can be really useful to access the equity in your home if you need it, with caveats that there are still pros and cons to each. Ultimately, managing your mortgage is about taking informed steps toward financial health and flexibility. Remember, your approach to money doesn’t have to be set in stone; it can grow and change just like you!
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