Bella Mertz The United States Department of Agriculture (USDA) offers several loan programs tailored to the needs of rural homeowners, farmers, and ranchers in New Mexico. These programs provide access to affordable financing and support economic development across the state. In this article, we’ll explore the key USDA loans available in New Mexico and how they benefit … 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
Car collateral loans are relatively easy to get approved for, even if you have bad credit. Collateral loans virtually power the entire American economy, allowing individuals and businesses access to funding that they would otherwise never be able to get. In recent years, car collateral loans have skyrocketed in popularity, especially here in Southern California … Read more
Saving up enough for a 20% down payment on a home can feel like an impossible feat these days. Skyrocketing home prices coupled with stagnant wages have put the dream of homeownership out of reach for many aspiring buyers. But what if I told you that you may be able to buy a home with … Read more
Buying a home is an exciting milestone in life, but securing financing can be confusing and stressful. This is especially true for veterans and military families navigating VA home loans. Thankfully, VA mortgage calculators and eligibility tools online make it easy to estimate loan amounts and preview qualification status. As a veteran myself, I remember … Read more
Homeowners can experience events over which they have no control such as injury, illness, divorce, death, layoff, new or worsening disability, incarceration and more. This may result in financial hardship, making payments on bills, mortgages and other debts a challenge. If a homeowner begins to miss mortgage payments, they might need to write a financial … Read more
Veterans and service members may have whats considered “poor” or “bad” credit and wonder if they can still use their VA home loan benefit. It’s important to understand the VA doesnt set credit score requirements. In fact, the VA doesnt mandate a minimum credit score at all. The ability to obtain a VA loan with … Read more
Interest-only loans allow borrowers to pay only the interest on the loan for a set period of time before needing to start making payments toward the principal as well. These types of loans can make sense in certain situations, but it’s important to understand how amortization schedules work with interest-only periods In this article, I’ll … Read more
Modular homes are prefabricated residential buildings that are constructed in a factory and transported to the designated location. Once there, they can be quickly assembled for a home that is ready for you to move into. Buying a modular home as a first-time homeowner has many benefits. In today’s buying market, traditional homes are expensive … Read more
Getting the keys to your dream home is an exciting milestone. But rising mortgage rates have complicated the math for many buyers. This year, the average 30-year fixed rate has shot up from around 3% to near 7%. That means house hunters are seeing their buying power shrink before their eyes. Monthly mortgage payments are … Read more