Bella Mertz When investing in commercial real estate, one major decision you’ll need to make is how to finance the purchase. Many commercial property buyers take out new loans from banks or other lenders to fund acquisitions. However, assuming the seller’s existing mortgage can also be an option in some cases. But are commercial real estate loans … Read more
If you’re a passionate self-starter with experience in sales, we have the career for you. Our teams set you up for success, so you have the freedom to take on more challenges, more rewards and more opportunity within our banking roles. Are you looking to start an exciting and rewarding career in the mortgage industry? … 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
When you’re applying for a mortgage loan to buy a home, it’s important to understand the key roles in the lending process. Two terms you’ll encounter are mortgagor and mortgagee. Knowing the difference between these two parties in a mortgage transaction will help you grasp your responsibilities as a borrower. What is a Mortgagee? The … Read more
Bridge loans are becoming a popular choice for financing when you find yourself stuck in a cash crunch or between property transactions. Calculating your monthly payments on a bridge loan is vital before entering into any agreement. Fortunately, there are online calculators available to assist with this task. Bridge loan calculators can estimate overall costs … Read more
A 40-year mortgage is like a traditional 15- or 30-year mortgage, but it offers an extended repayment term. Having ten more years to pay off a loan can give you lower monthly payments, but in the long term you’ll pay far more interest. 40-year mortgages can be a more affordable way to purchase a home … Read more
When you’re ready to leap into homeownership, we’re here to help you take the first step. Purchasing your first home is an exciting milestone! But saving up a large down payment while also covering closing costs can feel daunting for first-time buyers That’s where first step home loans come in These specialized mortgage programs provide … Read more
If youre a first time homebuyer, then the process can seem overwhelming. This video series, presented by Chase Home Lending, translates relatable experiences into tips and tools that equip you for every step of your homebuying journey. The mortgage application process is an important one and a little preparation can make it less stressful. The … 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
Construction loans allow buyers to finance the building of a new home or renovations to an existing property. These loans provide the funds needed upfront to pay for land, materials, labor and other costs tied to a construction project. Quicken Loans offers several types of construction loans for eligible borrowers. These include FHA and USDA … Read more