Bella Mertz Conditional approval is a step in the home buying process that might occur before you get your final mortgage approval. If your lender tells you that youâre âconditionally approved,â you might be wondering how it differs from initial mortgage approval to buy or refinance a home. Letâs take a look at the different types of … Read more
Buying a home is one of the most exciting and stressful experiences in life A home is more than just four walls and a roof over your head – it represents freedom, security, and a place to build memories with your loved ones. With home prices continuing to rise across the country, getting approved for … Read more
Having bad credit can make getting approved for a personal loan difficult. But by using an asset as collateral, you may improve your chances even with poor credit. Secured collateral loans allow borrowers with low credit scores to qualify for financing that might otherwise be unavailable. Below we cover everything you need to know about … Read more
When you buy a car with a co-signer, the lender will look at both credit scores to determine eligibility. Being a co-signer is a risky financial move. As many as 3 out of 4 primary borrowers default on their obligations!1 If you are considering becoming a co-signer or asking someone to co-sign, it’s critical to … Read more
Personal loans come with either a fixed or variable rate of interest for repayments. We outline the advantages of both as well as some things to consider. If you’re looking at taking out a personal loan, one of the key questions you’ll need to answer is whether you want a loan with a fixed or … Read more
Life can throw financial curveballs when you least expect it. From emergency home repairs to unexpected medical bills, having quick access to extra funds can be crucial. If your credit makes getting approved for a traditional personal loan difficult, using your car as collateral for a loan may be an option. In this comprehensive guide, … Read more
As the world shifts towards renewable energy, more and more people are turning to solar power as an alternative energy source. Investing in solar panels is a significant move towards utilizing renewable energy. Solar energy can also lead to lower electricity bills and may increase the value of your property. However, the upfront costs of … Read more
Many or all of the products featured here are from our partners who compensate us. This influences which products we write about and where and how the product appears on a page. However, this does not influence our evaluations. Our opinions are our own. Here is a list of our partners and heres how we … Read more
As a loan officer in Arkansas, one of the most common loan types I assist buyers with is FHA financing. FHA loans are popular options for Arkansas homebuyers thanks to low down payments and flexible credit requirements. In this comprehensive guide, we’ll dive into everything you need to know about getting an FHA mortgage in … Read more
For potential homebuyers and developers looking to purchase or improve land in rural areas, the USDA offers several loan programs that can help make owning rural property more affordable. These government rural land loans provide financing options for low-to-moderate income buyers as well as nonprofits developing land for housing. In this comprehensive guide, we’ll overview … Read more