Bella Mertz Purchasing a boat is an exciting prospect for any boating enthusiast. However boats can be quite expensive often costing tens of thousands of dollars. As a result, many buyers need to finance their boat purchase with a boat loan. When applying for a boat loan, it is important to understand the normal loan terms you … Read more
Reviewed Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors opinions or evaluations. As of May 8, homeowners who are straining to pay their Federal Housing Administration (FHA) mortgages have another lifeline: the 40-year mortgage modification. The FHA has instituted a new policy allowing financially strapped … Read more
Investing in the future is expensive. Be it an education, a home, or a car, sometimes a loan is the only option to get ahold of a big-ticket item. As a young person, it can seem almost impossible to get approved for a loan without parental support. That said, understanding the ins and outs of … Read more
As a first-time homebuyer, it can be overwhelming to navigate through the process of purchasing a house. There are many different types of mortgages available to buyers, such as conventional, USDA, VA, and FHA loans, just to name a few. Knowing which mortgage is the right fit for you is easier when working with a … Read more
Officially known as the Section 502 Single Family Housing Guaranteed Loan Program, the USDA loan is a $0 down mortgage option available to rural and suburban homebuyers in the United States. USDA loans are issued by qualified lenders and guaranteed by the U.S. Department of Agriculture (USDA). The purpose of a USDA loan is to … Read more
Taking your tiny-home dreams and making them a reality will likely require more footwork than traditional home buying. Tiny-home financing includes some unique considerations: zoning regulations, whether to certify the tiny home as an RV, how many square feet you can live with, and whether the home should be mobile or on a foundation. Throw … Read more
Buying a new car is exciting! But those monthly car loan payments can really weigh you down Luckily, there are ways to pay off your auto loan faster and save money on interest Understanding your car loan’s amortization schedule is the key to developing a payoff strategy with extra payments. What is a Car Loan … Read more
As more Americans attend four-year colleges and universities, an increasingly large amount are taking on student loan debt to fund their education. Student loan debt can understandably feel like a burden, but it doesn’t have to prevent you from achieving your dreams of homeownership. A USDA loan can be a great tool to help recent … Read more
If you’re interested in becoming a landlord, you may be wondering if you can use an FHA loan to purchase an investment property FHA loans are popular options for first-time homebuyers because of their low down payments and flexible credit requirements. But can these government-backed mortgages also help you buy your first rental property? As … 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