Bella Mertz Individuals receiving disability income may have unique financial challenges, such as increased medical expenses, adaptive equipment costs and potential barriers to consistent employment. Disability loans are personal loans specifically designed for them, but it’s key to vet these loans carefully as rates and terms can vary. Living with a disability can present many financial challenges. … Read more
Similar to home equity, land equity is the value of your land minus any money you owe on the loan used to purchase it. With a land equity loan, you can turn that equity into cash without having to sell the land itself. You can use it to build a home on the property, pay … Read more
Many, or all, of the products featured on this page are from our advertising partners who compensate us when you take certain actions on our website or click to take an action on their website. However, this does not influence our evaluations. Our opinions are our own. Here is a list of our partners and … Read more
The USDA loan program helps low- and middle-income consumers become homeowners in communities across the country. These government-backed loans allow qualified buyers to purchase with $0 down. They also feature competitive interest rates and low mortgage insurance costs. Getting pre-approved for a USDA home loan online can help rural and suburban homebuyers better understand their … Read more
“Can I get an FHA loan for a second home?” is a common question among homeowners wanting to purchase a secondary property as their primary living space. In this guide, you’ll learn all about getting an FHA loan for a second home, including the requirements and conditions. The Ins and Outs of Getting an FHA … Read more
FHA loans are a popular mortgage option in Texas, especially for first-time homebuyers. With low down payments and flexible credit requirements, FHA loans open homeownership opportunities for many Lone Star State residents. But how exactly does the FHA loan application process work in Texas? This guide covers everything you need to know to successfully apply … Read more
If you’ve been shopping around for a mortgage loan recently, you may have come across the term “QM loan.” But what exactly does it mean? QM stands for Qualified Mortgage, which is a special category of mortgage loans that meet certain requirements laid out in the Dodd-Frank Act passed after the 2008 financial crisis. In … Read more
An FHA loan is a type of mortgage that is backed by the federal government. It can help buyers with limited cash reserves and lower credit scores achieve the dream of homeownership. If you have an existing FHA loan, you may wonder if you can get a second FHA loan to buy a new home. … Read more
Get personalized rates in 60 seconds for loans up to $3K with no impact to your credit score Getting approved for a $3,000 personal loan can be a challenge when you have bad credit. However, it is possible to get a 3k loan even if your credit score is not perfect In this comprehensive guide, … Read more
Learn the benefits and pitfalls Part of the Series Home Equity Loans/HELOC Tapping Your Home Equity A home equity loan, also known as a second mortgage, lets homeowners borrow money by drawing on the equity value in their homes. Home equity loans exploded in popularity in the late 1980s, as they provided a way to … Read more