Bella Mertz In this guide, I’ll provide the typical interest rates for short-term loans secured by residential investment properties, the rates for commercial real estate bridge loans, and the average rates for DSCR rental property loans. I’ll also touch on the maximum leverage offered by most private lending companies, which are also known as hard money lenders … Read more
What is the Financial Hardship Department scam? What do you do if you receive a scam email or call? Read more. Gaetano DiNardi is a growth advisor to software companies like Docebo, Cognism, and Workvivo. As the former head of organic growth at Aura, Gaetano helped launch the companys SEO program. He has also written … Read more
When you need to borrow money, you have two main credit options – installment loans or revolving credit. But it’s not always clear at first glance what type of loan you’re getting. So are personal loans installment or revolving credit? The answer is that personal loans are a form of installment financing With a personal … Read more
If you’re a military borrower, getting approved for a VA loan with bad credit is possible, regardless of any blemishes in your financial history. The U.S. Department of Veterans Affairs (VA) will even guarantee mortgages for veterans who have overcome a previous bankruptcy or foreclosure. Having less-than-perfect credit doesn’t have to stop you from using … Read more
Auto loan consolidation involves taking out a new loan and using it to pay off two or more car loans. You can also consolidate auto loans with other types of loans. Instead of juggling multiple payments, consolidation means you’ll only need to make one monthly payment. In some situations, you may even be able to … Read more
The FHA loan program offers flexible lending guidelines and low down payments, making homeownership attainable for many buyers. With benefits like 3.5% down and lenient credit requirements, you may wonder – can I get more than one FHA loan? The short answer is yes, you can get multiple FHA mortgages over your lifetime However, there … Read more
We are an independent, advertising-supported comparison service. Our goal is to help you make smarter financial decisions by providing you with interactive tools and financial calculators, publishing original and objective content, by enabling you to conduct research and compare information for free – so that you can make financial decisions with confidence. Bankrate has partnerships … Read more
With a few exceptions, the answer is no Part of the Series Federal Housing Administration (FHA) Loans Understanding FHA Loans Low down payments and low credit score requirements make Federal Housing Administration (FHA) loans an attractive option for homebuyers who might not qualify for a traditional mortgage. While this may be good news for some … Read more
Getting approved for a mortgage through a bank or other traditional lender can be challenging, especially if you have less-than-perfect credit or limited income. But working with private lenders for home loans provides an alternative path to financing if you don’t qualify for typical mortgages. This guide explains what private mortgage lenders are, pros and … Read more
Entering retirement often means transitioning to a fixed income, which can make it harder to cover unexpected expenses While borrowing money may seem necessary at times, loans tailored for retirees are limited It’s important for senior citizens to understand their options, requirements, and risks before taking on debt in retirement. In this comprehensive guide we’ll … Read more