Bella Mertz Did you know that 120 out of Georgia’s 159 counties are rural? This gives plenty of opportunities for people looking to buy a new home in Georgia to apply for a USDA loan. Georgia USDA loans are backed by the US Department of Agriculture and are aimed at giving rural areas a boost with favorable … Read more
Single moms have a tough job, and many Americans are taking on this responsibility. According to the U.S. Census Bureau, 80% of single-parent households were headed by mothers. Raising a family alone and on one income is challenging. When unexpected expenses pop up, that financial situation can be a disaster. Loans for single mothers are … Read more
As a veteran, you’re entitled to use a VA home loan to buy a house as long as you’ve fulfilled the basic requirements. While most people tend to live in the homes they buy for years, sometimes, you may not be able to. When this happens, you’ll likely feel tempted to start renting the property … Read more
As an educator in California, you know how rewarding yet challenging this career can be The long hours spent lesson planning, grading papers, and helping students succeed often come with financial tradeoffs However, when it comes time to buy a home in this competitive and expensive housing market, you don’t have to tackle it alone. … Read more
A VA loan short sale, also known as a VA Compromise Sale, happens when a veteran cannot sell the home for more than or equal to the outstanding mortgage amount owed plus closing costs. VA compromise sale is offered by the Department of Veterans Affairs, and it is the VA’s version of a short sale. … Read more
As long as you make on-time payments in full, you can use a personal loan to build credit. Notably, if you have bad credit or don’t have consistent earnings, you might end up with high interest rates. But if you have a steady income and good enough credit to qualify for low rates, a personal … Read more
Buying a home is an exciting milestone, but it can also be daunting, especially when navigating the various loan programs and their requirements. One option for rural homebuyers in Arizona is a USDA home loan. USDA loans offer 100% financing and flexible credit guidelines, making homeownership attainable for many. However, these loans do come with … Read more
Getting Through Hard Times: Hardship Loans for Postal Employees Life can throw us unexpected curveballs that lead to financial hardship When an emergency strikes, postal employees may find themselves scrambling to cover unplanned expenses Though the going may get tough, there are resources available to help USPS employees get through hardships. One option is an … Read more
Private Mortgage Insurance (PMI) is required with conventional mortgage loans when you put down less than 20 percent on your home purchase. PMI helps lenders mitigate risk to offer low down payment purchase financing and is why three percent down payment programs exist. PMI is traditionally paid monthly. While it adds a small premium to … Read more
Despite your best efforts, you’ve missed months of mortgage payments. You’re getting large packets of mail from your lender and don’t understand what they mean. By now you may have gotten a notice of intent to foreclose. Somewhere in the mess of letters and papers, you start to see the words “loss mitigation” and “loan … Read more