Bella Mertz The Cup Loan Program is a way to borrow a small amount of money for a short time. It helps people who need quick cash and might not get a regular bank loan. The process to apply is easy: you fill out a form online with your details. To qualify, you need a regular job, … Read more
Working as a loan officer can be a lucrative career path Loan officers play a critical role in the mortgage industry by helping connect home buyers with lending options One of the biggest advantages of being a loan officer is the potential to earn substantial commissions on closed loans, But exactly how much can a … Read more
VA renovation loans, often referred to as VA rehab loans, VA reno loans, VA supplemental loans or VA home improvement loans, offer Veterans and service members a low-cost, no-down-payment way to purchase fixer-uppers or homes in need of some extra TLC. Through VA renovation loans, borrowers can finance both the purchase of a home and … Read more
Purchasing a home is likely one of the biggest financial decisions you’ll make in your lifetime. This is especially true for veterans and active-duty service members utilizing their VA home loan benefit. Navigating the various VA loan requirements can feel overwhelming for first-time buyers. One key part of the VA loan process is the property … Read more
You’re a service member or veteran eager to purchase a home. But you’re on a tight budget and likely will need to buy a diamond-in-the-rough property you can rehab. Where can you turn for financing? The Department of Veterans Affairs (VA) has a renovation loan that funds a home’s purchase price as well as the … Read more
Taking out a car loan is often necessary to purchase a new or used vehicle. While making those monthly payments, you may wonder if the interest portion can be deducted on your taxes. In some cases, self-employed taxpayers and small business owners can write off auto loan interest. However, there are specific requirements that must … Read more
Raising capital is crucial for any small business or startup to grow and scale. Beyond bootstrapping or bringing on investors, debt financing through business loans offers an alternative way to fund operations and expansion. One type of loan commonly used is a 1st lien term loan But what exactly does this entail and is it … Read more
If you’re looking to build a new home from the ground up, you’ll need financing to cover the costs Construction loans are a common option, but you may need to transition to an end loan once the home is built What exactly is an end loan and how does it differ from a construction loan? … Read more
In commercial real estate loans, a prepayment penalty is a fee charged to borrower if they attempt to repay their loan early. When a lender issues a loan, they typically want to lock in their profit for a certain amount of time, so the prepayment penalty is a way to compensate them for their financial … Read more
Filing for bankruptcy can be a challenging and overwhelming period in your financial journey. But while the bankruptcy process can be tough, and can result in serious financial hurdles, its also a relatively common option to choose. For example, annual bankruptcy filings totaled 452,990 in 2023, according to a report from the Administrative Office of … Read more