tax planning: How to Squeeze Extra Tax Deductions from Your Mortgage In 2007 - 12/18/07 04:55 PM
For most Americans (but not all), mortgage interest is tax-deductible in the year in which it was paid.
With some advance planning, therefore, a homeowner can increase his 2007 tax deductions by paying additional mortgage interest while the calendar still reads 2007. 
The key is to make the mortgage … (1 comments)

tax planning: Just Because You Can Borrow From a 401(k) Plan Doesn't Mean You Should - 10/19/07 09:15 AM
According to the Wall Street Journal, the number of Americans taking loans against their 401(k) plans is increasing because most plans allow participants to borrow funds to purchase a home or to avoid foreclosure.
But just because the avenue is there, though, doesn't mean that borrowing from a 401(k) is a good … (9 comments)

tax planning: Why Private Mortgage Insurance (PMI) Is Suddenly Popular - 08/22/07 09:02 AM
 
Suddenly, Private Mortgage Insurance is back in vogue.  If only by default. 
The story background is well-documented in this Bankrate.com article from 2002.  The article is five years old, but it still raises some salient points.
What the article doesn't highlight is that second mortgages such as home equity loans are … (10 comments)

 
Loan Officer: Ilyce N. Powell, CMPS™ - Certified Mortgage Planning Specialist (Envision Lending Group)
Ilyce N. Powell, CMPS™ - Certified Mortgage Planning Specialist
Baltimore, MD
More about me…
Envision Lending Group

Office Phone: (410) 630-3323
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