
Open-ended mortgages: What are they and how do they work?
In some ways, an open-end mortgage is similar to a home equity line of credit (HELOC).
Kacie Goff is a personal finance and insurance writer with over five years of experience covering personal and commercial coverage options. She's also dedicated to besting her brother, a financial advisor, with insider insight into the personal finance industry and spends hours researching the latest rates and regulations.
Goff founded Jot Content, a full-service content agency, in 2018. Through Jot, she contributes web content, blogs, case studies, press releases and more to brands in the finance, insurance, health and wellness, continuing education, healthcare and marketing industries.
She lives in Ventura, CA, with her husband and dingo-lookalike dog, Babou. When she’s not writing, you can find Kacie practicing yoga, working in her garden or scoping out a new happy hour.
In some ways, an open-end mortgage is similar to a home equity line of credit (HELOC).
Business owners with bad credit or the lack of assets should consider getting semi-truck financing.
Finance folks call them “serious money loans” — for a reason.
This type of mortgage might save you money in the long run.
Is it time to break up with your real estate agent?
It’s the thing that puts your house on the line if you miss mortgage payments.
If you’re shopping for a mortgage, you better know what it means.
Yes, it can ding it, sometimes dramatically. But there are ways to minimize the drop.