Millions of Americans took out home equity lines of credit (HELOCs) ten years ago, right around the time that the real estate market was crashing. I love HELOCs and think they are great options for lots of different scenarios but many of them were set up with balloon payments after 10 years, so many people…
If you’ve ever heard of me, you’ve probably heard of the fact that I am one of the most consistent advocates of reverse mortgage loans in the marketplace today. I love these loans, and I hate that their reputation has been so maligned by scum bag lenders and by people who, respectfully, don’t have any…
If you’ve served our country in the military, you have sacrificed more than 99% of the population and that sacrifice is too often ignored. Team Hochberg understands what you have given our country and we want to give back. That’s why we work with organizations like Veteran Roasters, the Patriot Education Fund, and more to…
There are certain professions that are frankly a lot more important than selling mortgages. That’s why Team Hochberg loves helping out those who have helped society by working in jobs that not everyone would sign up for. If you are employed in any of the below professions, you could qualify for a $400 closing cost…
If you’ve made the decision that you’re ready to buy a home for the very first time, congratulations! Home ownership is a great wealth building tool, and can have huge benefits for your family. However, shortly after you decide you want to become a homeowner you realize that you have a million questions that can…
There are a few different loan products that have been unfairly blamed for the financial calamity that most of lived through in 2007-2008. Blaming a loan for something that scumbag lenders did is a lot like blaming a bank robbery on a crowbar rather than the actual criminals. Interest only loans can be a great…
America loves baseball, apple pie, and credit card debt. As a country, we’re walking around with about 930 billion dollars of credit card debt, which works out to about $16,000 of debt per American household. In some ways, this is actually a good thing! Credit card debt is a sign that people are spending more,…
