Bella Mertz A cosigner assumes legal responsibility to pay a debt if the primary borrower can’t make payments. But what happens if a cosigner on a student loan dies? Dealing with financial logistics while grieving is probably the last thing you want to do. However, there are some critical factors to consider if your cosigner passes away, … Read more
First and second lien loans are common forms of debt financing used by companies and individuals. A lien gives the lender a claim on collateral pledged by the borrower as security for the loan. Let’s take a closer look at how these lien structures work and the key differences between them. What is a Lien? … Read more
Mobile homes, also known as manufactured homes, can be a great affordable housing option for many folks in Michigan. With the right lender and loan program, financing a mobile home purchase can be straightforward. However, there are some key factors to consider when applying for a mobile home loan in the Great Lake State. In … Read more
A land loan can provide financing to buy land for new home construction and other purposes. Learn more about how this type of loan works. Many homeowners want to build their own homes on their own plots of land. Since a traditional home mortgage assumes that the home already exists, building a new home requires … 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
Whether youre a first-time homebuyer, moving to a new home, or want to refinance your existing conventional or FHA mortgage, the FHA loan program will let you purchase a home with a low down payment and flexible guidelines.580 Credit Score- and only -3.5% Down RELATED ARTICLES FHA loan limits were established to define how much … Read more
A loan officer is usually the first person you’ll talk to when you shop for a mortgage loan, car loan, personal loan or business loan. However, a mortgage is one of the most complex and expensive loans most consumers take on, which is why every year the federal government requires ongoing education and a strict … Read more
If you’re in the market for a new or used car, Rocket Mortgage auto loans offer a fast, easy way to finance your purchase. In this comprehensive guide, we’ll cover all the key details on Rocket Mortgage auto loans – from rates and terms to the application process and more. Overview of Rocket Mortgage Auto … Read more
Some or all of the mortgage lenders featured on our site are advertising partners of NerdWallet, but this does not influence our evaluations, lender star ratings or the order in which lenders are listed on the page. Our opinions are our own. Here is a list of our partners. Deciding between a VA loan or … Read more
Purchasing land to build a dream home or vacation property on down the road can be an exciting prospect But land loans work differently than home loans, so it’s important to understand the key differences when exploring your options In this comprehensive guide, we’ll walk through everything you need to know about land loan terms, … Read more