How to Build Home Equity Faster (And Smart Ways to Use It)
Posted On: June 1, 2026 by Prevail Bank in: Home Loans
Home equity is the difference between the balance on your mortgage and the current value of your home. For example, if your home is presently valued at $310,000 and you have $225,000 left on your mortgage, you have $85,000 of equity in your home. ($310,000-$225,000 = $85,000)
Is having equity in your home good?
Having equity in your home is important because it is an asset that counts toward your total net worth and...
How Construction Loans Work: Choosing the Best Financing for Your New Home
Posted On: April 24, 2026 by Prevail Bank in: Home Loans
Building a new home is an exciting milestone, but choosing the right construction loan is one of the most important decisions you’ll make early in the process. Before construction begins, homeowners must decide between two main financing options: a construction‑to‑permanent loan or multiple loans—one for construction and one for long‑term financing. Understanding how each option works can help...
Featured Blogs
Local Mortgage Lenders vs Online Lenders
Categories: Community, Home Loans
