Sentences with phrase «involves borrowing against»

FAIR Canada believes it is highly inappropriate (and overly risky) for most individuals to borrow to invest (otherwise known as «leverage»), particularly where it involves borrowing against your home.

It's a loan that involves borrowing against your home, with the property serving as collateral to secure the loan.

FAIR Canada believes it is highly inappropriate (and overly risky) for most individuals to borrow to invest (otherwise known as «leverage»), particularly where it involves borrowing against your home.

Not exact matches

But borrowing against your home often involves some of the same fees you pay when getting a first mortgage, such as for an appraisal, so determine what these will amount to when figuring out the savings.

If you cash out a portion of your 401K or decide to borrow against your 401K, keep copies of the paperwork involved in the transaction.

Even though banks consider second mortgages «safer,» there are still some serious drawbacks involved with borrowing more money against a house.

When making a withdrawal, you don't have to sell the asset as with stocks, and if you borrow against the cash value, there are typically no capital gains or ordinary income taxes involved.