Bella Mertz VA loans are designed for military members and veterans who meet Department of Veterans Affairs requirements. Nonmilitary spouses who are married to eligible veterans and military members can share in their partner’s VA entitlement and loan benefit. But, divorce can complicate a spouse’s VA loan eligibility and property rights. Here’s what you need to know … Read more
There are many reasons why you may want to prequalify for a personal loan, such as checking your chances of loan approval and estimating your loan terms without harming your credit score. If you’re considering personal loan prequalification, here’s what you need to know. Getting a personal loan can be a great way to pay … Read more
We know many families have been financially impacted by the fallout of the COVID-19 pandemic. As we always have been, One Detroit Credit Union is committed to helping Detroiters access affordable financial solutions and helping you stay financially healthy through this period of social distancing and self-quarantine. We are offering two types of assistance for … Read more
Taking out a car loan is often necessary to buy a vehicle when you don’t have the full amount in cash. Car loans allow you to spread out the cost over several years through monthly payments But did you know you can pay off your auto loan faster and save on interest by making extra … Read more
Buying a home is an exciting milestone in life But before you start house hunting, you need to make sure you can get approved for a mortgage One of the key factors lenders look at is your debt-to-income ratio, or DTI. This measures how much of your income is tied up in debt payments. Conventional … Read more
Federal Housing Administration (FHA) mortgage loans, which are government backed, have more lenient qualification requirements than conventional loans. However, theyâre not used to fund the purchase of an investment property, with an exception. If youâre willing to commit to treating one unit of a multi-unit investment property as your primary residence for at least a … Read more
Buying a mobile home in Pennsylvania can be an affordable way to own your own home. With the right mobile home loan, you can finance the purchase of a manufactured or modular home for your family. But finding the best mobile home loans in PA does require some research. In this article, I’ll walk you … 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
Getting a personal loan can be a great way to finance large purchases or consolidate debt. However, when you apply for a loan, the lender will check your credit by obtaining your credit reports from one or more of the three major credit bureaus – Experian, Equifax, and TransUnion. This is known as a “credit … Read more
Residential land development is an complex process that requires significant upfront capital. That’s where residential land development loans come in. These specialized loans provide the financing developers need to purchase raw land and transform it into buildable residential lots. In this comprehensive guide, we’ll cover everything you need to know about these unique loans, including: … Read more