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Blog Image: Merry Christmas and Happy New Year

Merry Christmas and Happy New Year

All of us at Gulf Mortgage Group, LLC would like to wish you a Merry Christmas and a Happy New Year! We hope that 2021 is a year full of happiness, health and prosperity for you and your loved ones. All the Best, Gulf Mortgage Group, LLC

December 23rd, 2020 | Refinancing a Home, Credit, Home Equity, Merry Christmas and Happy New Year

Blog Image: How to Build Home Equity

How to Build Home Equity

While it is possible to get into homeownership with little upfront investment, there can be many benefits to building up equity in a property. Mortgage equity is the value of the homeowner’s stake in a home. It is basically how much the home is worth minus how much is still owed on the mortgage. Having plenty of equity helps protect against foreclosure in case of financial hardship, it makes it easier to sell or refinance your home when the time comes, and it can be a source of emergency funding.  The good news is some of equity building happens without you having to lift a finge...

April 24th, 2019 | Home Equity, How to Build Home Equity