Bella Mertz If you want a monthly payment on your mortgage that’s lower than what you can get on a fixed-rate loan, you might be enticed by an interest-only mortgage. By not making principal payments for several years at the beginning of your loan term, you’ll have better monthly cash flow. But what happens when the interest-only … Read more
A non-recourse loan is a loan where the borrower is not personally liable for repaying any outstanding balance on the loan, but the loan has to be secured by offering collateral, which would be the real estate property. If the borrower does not repay their loan, then they lose their collateral but are not responsible … Read more
Savers Resource Loans is a company that provides personal loans to consumers. As with any lender, it’s important to do your research before applying for a loan. Here is a comprehensive overview of Savers Resource Loans based on reviews and information online. Overview of Savers Resource Loans Savers Resource Loans offers personal loans ranging from … Read more
Are you looking for a loan for your small project and want to expand it? You may apply for many loan programs and get rejected because the interest rate is high and the terms are not flexible. So don’t worry. In this blog article, we will review the cup loan program. And discuss its positive … Read more
Are you looking for a home and looking to save on closing costs where you can? If you qualify, VA loans are a wonderful benefit for our nationâs eligible servicemembers, veterans and qualifying surviving spouses. Among the major plusses are the competitive rates and that itâs one of the few mortgage options that allows you … Read more
New Jersey is a popular state for new construction projects, with rising demand for new homes and commercial buildings. As a result construction lending has become big business for banks and mortgage lenders in the state. When taking out a construction loan interest rates are a major factor that borrowers must consider carefully. This article … Read more
We’re here to help! First and foremost, SoFi Learn strives to be a beneficial resource to you as you navigate your financial journey. Read more We develop content that covers a variety of financial topics. Sometimes, that content may include information about products, features, or services that SoFi does not provide. We aim to break … Read more
USDA loans make homeownership possible for thousands of low-income Americans in rural areas. These low-interest, zero-down mortgages arent as well-known as their FHA or VA loan counterparts, but they include many perks that can make them a great option for eligible borrowers. In many cases, homebuyers can use a USDA home loan to purchase a … Read more
With a shortage of homes for sale on the market, you may be looking to build your new dream home. Building your own home can be a tremendously rewarding experience. You get to make choices about everything from location and floor plan to colors and landscaping. At the end of the process, you have a … Read more
Home renovations can greatly improve your living space and increase the value of your home. However, major remodeling projects often come with high price tags that may be difficult to fund upfront. This is where home renovation loans come in handy. In this comprehensive guide, I’ll explain exactly how home improvement loans work and provide … Read more