Avenue Mortgage, LLC

NMLS #1115220

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AVENUE MORTGAGE, LLC
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How Home Equity Builds Over Time

August 20, 2026 by Kay Monigold

Home equity is the difference between what your home is worth and what you currently owe on it. It can become one of the most meaningful financial benefits of homeownership, but it usually develops gradually rather than all at once. Understanding how equity grows can help you track your progress and make more informed long-term financial decisions.

Filed Under: Mortgage Tips Tagged With: Home Equity, Homeownership, Mortgage Tips

What Happens to Your Mortgage If You Move Before Paying It Off?

August 19, 2026 by Kay Monigold

Most homeowners move before making the final payment on a thirty-year mortgage. Selling a home with an outstanding loan is completely normal, but many homeowners are unsure what happens to the remaining balance. Understanding the process can help you plan for your sale, estimate your proceeds, and prepare financially for your next home.

Filed Under: Mortgage Tips Tagged With: Home Selling, Mortgages, Moving

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Our Team

Kay MonigoldKay Monigold
Owner/Mortgage Broker/Residential Mortgage Loan Originator
NMLS#1086176

Steven LoweSteven P Lowe, Sr
Residential Mortgage Loan Originator
NMLS #1085638

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100 Independence Place, Ste. 308
Tyler, TX 75703
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