Bella Mertz It may seem to be a daunting, intimidating task to request a loan after bankruptcy, yet there’s ultimately nothing to be afraid of. People make mistakes; we all do. What’s important is recognizing the mistakes which were made, learning from them, and moving on to bigger and better things. In this brief, yet informative post, … Read more
Buying a home is an exciting milestone in life. But it also comes with a lot of paperwork and requirements, including getting the right insurance policies in place. One important insurance requirement for any mortgage is having a proper mortgagee clause. This identifies the lender’s interest in the property and ensures they get paid if … Read more
Read our comprehensive guide to find out what you need to know as an apartment investor to get the best out of your multifamily loan.In this article: Multifamily loans are financing options that are available to real estate investors who wish to expand their portfolio beyond single-family properties. Multifamily loans are provided by a variety … Read more
Buying a mobile home and the land it sits on can be an affordable way to become a homeowner. With mobile home prices typically lower than traditional single-family homes, these factory-built residences offer a budget-friendly path to homeownership. However, securing financing for a mobile home and land purchase can be more complicated than getting a … Read more
If your Affirm purchasing power has drastically gone down recently, then your eligibility for their loans has probably gone down. Unfortunately, Affirm is known for these sudden drops in spending power due to its policy of never charging late fees. In fact, Affirm users have avoided paying $231 million worth of late fees from July … Read more
Filing for bankruptcy can be a challenging and overwhelming period in your financial journey. But while the bankruptcy process can be tough, and can result in serious financial hurdles, its also a relatively common option to choose. For example, annual bankruptcy filings totaled 452,990 in 2023, according to a report from the Administrative Office of … Read more
The VA loan allows for 100% financing for eligible borrowers. Active duty service members, veterans, and surviving spouses can apply for a VA loan with zero percent down. Of course, there are additional fees involved with home loans, such as closing costs. But, there are several benefits for disabled veterans that make the VA loan … Read more
Deciding whether a reverse mortgage or home equity loan is the better option for accessing your home’s equity can be confusing. Both allow homeowners to tap into their equity without having to move, but they work very differently. In this comprehensive guide, we’ll explain what reverse mortgages and home equity loans are, how they work, … 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
If you want to use a VA loan for second home, there are a few factors you will need to consider. To be honest, there are more than a few factors. On the plus side, it is possible to get a second home with a VA loan guarantee. On the minus side, it’s not as … Read more