Stephanie Colestock

Stephanie Colestock is a DC-based writer who specializes in creating finance-related content for a variety of audiences. She particularly enjoys helping families get out of debt, plan for their futures, and make the most of the money they have. Her work can be found on sites such as MSN, Investopedia, Credit Karma, and Dough Roller.

Articles by Stephanie Colestock

What is a Shared Equity Mortgage?

October 5, 2021

A shared equity mortgage is a financial agreement in which a financial institution acts as both the lender for and an investor in a property.... read more

How to Refinance a Second Mortgage

August 25, 2021

A second mortgage is an additional home loan that takes priority after the initial, “first” mortgage you borrowed to buy your home. If you need... read more

Understanding the HUD-1 Settlement Statement

August 5, 2021

When taking out certain home equity lines of credit (HELOC), reverse mortgages, or mortgages on manufactured homes that aren’t attached to real estate, the Department... read more

Here’s How to Refinance a Mortgage with No Equity

July 23, 2021

If you’re considering a mortgage refinance but don’t yet own enough of your home’s value, your first step is to learn how to refinance a... read more

Can You Use Home Equity for Investments?

June 1, 2021

Yes, you can use your home equity for investments. Home equity — the positive difference between your home’s value and what you still owe on... read more