Jim Potts

Synergy One Lending

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What is the Difference Between a Reverse Mortgage and a Home Equity Conversion Mortgage?

May 25, 2023 by Jim Potts

A reverse mortgage and a home. equity conversion mortgages (HECM) are both types of loan products that allow homeowners to tap into the equity they have built up in their homes. However, there are some important differences between the two.

Filed Under: Loan Tips Reno Tagged With: Home Equity, Mortgage, Reverse Mortgage

Should You Use A Home Equity Loan To Buy A Vacation Home?

June 3, 2022 by Jim Potts

If you are looking for a way to diversify your investments while also making it easier to go on vacation, you may have thought about purchasing a vacation home.

Filed Under: Mortgage Tagged With: Home Equity, Mortgage, Vacation Home

Which Home Equity Loan Is The Best Option?

February 9, 2022 by Jim Potts

There are a number of significant advantages that come with homeownership, and one of the biggest advantages is the ability to take out a home equity loan.

Filed Under: Mortgage Tagged With: HELOC, Home Equity, Mortgage

Smart Ways To Create Equity Within Your Home

December 10, 2021 by Jim Potts

Home equity is the difference between what your home can sell for and what you owe on it. Generally, the longer you own your home, the more equity you build.

Filed Under: Homeowner Tips Tagged With: Home Equity, Homeowner Tips, Investment Property

Three Hot Renovations That Will Boost Your Home’s Value Without Breaking the Bank

November 13, 2020 by Jim Potts

Are you feeling the "renovation itch" or perhaps looking for a fun project that you can take on which will provide you with a return on your investment? Let's take a look at three popular home renovations that can increase your home equity without draining your bank account.

Filed Under: Around The Home, Home Buyer Tips Tagged With: Around The Home, Home Equity, Upgrades and Renovations

Jim Potts

Jim Potts


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Call (760) 337-8100
NMLS# 227144
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Latest Articles

  • A Quick Look at Reverse Mortgages: The Golden Ticket to Enjoying Your Golden Years
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