Damien Bonner's (dbonner) Blog

  There is a great debate within the inner-mortgage circles these days. Should we, as loan professionals, encourage clients to borrow as much money as possible? Or would consumers benefit more if we helped them to understand the advantages of 15-year amortization schedules and pre-paying principa...

Have you refinanced your home into oblivion? Tapped out every available money resource with a myriad of loans and credit cards? There is one last option: borrowing from your 401(k). If you've never heard of this option, it's because until recently, it just wasn't done that frequently. But with th...

Buy vs. Rent: Pros and Cons . Advantages Considerations Buy Property builds equity Responsible for maintenance Sense of community, stability, and security Responsible for property taxes Free to change decor and landscaping Possibility of foreclosure and loss of equity Not dependent on landlord to...