Bella Mertz The debt-to-income (DTI) ratio is a key factor lenders review when determining your eligibility for a VA home loan. But contrary to popular belief, the VA does not impose a strict maximum DTI limit that borrowers cannot exceed. This often leads to confusion regarding VA DTI guidelines and standards. In this article, we’ll break down … Read more
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When seeking financing for your small business, two of the most common loan structures you’ll encounter are simple interest loans and amortized loans. Both loan types have fixed interest rates and regular payment schedules. However, they calculate interest and principal repayment differently. Understanding how simple interest loans compare to amortized loans is crucial when weighing … Read more
As someone interested in buying a new car, I know how important it is to find the best auto loan With so many options out there, it can be tricky to know where to start That’s why in this article, I’ll walk you through everything you need to know about getting a car loan from … Read more
VA loans are mortgage loans guaranteed by the U.S. Department of Veterans Affairs (VA) to help eligible veterans, active-duty service members, and surviving spouses purchase homes. These loans offer generous terms like low or no down payment and competitive interest rates. One question homebuyers often have is – can a non-veteran assume a VA loan? … Read more
Losing a loved one is hard enough without worrying about how you’ll pay for a funeral. If you don’t have enough savings to pay your loved one’s burial expenses out of pocket, funeral loans can help you cover the upfront costs while you pay them back over time. However, there is a lot to consider … Read more
When you need extra funds for major expenses, debt consolidation, or unexpected bills, a personal loan can provide financing on your own terms. M&T Bank offers personal loans with flexible loan amounts, terms, and competitive rates. Read on to learn more about M&T Bank’s personal loan options, benefits, requirements, and how to apply. Overview of … Read more
A manufactured home (often called a mobile home) is built in a factory and moved to a permanent location. The process to buy a mobile home can be more complex than purchasing a regular home, but it could be a more affordable path to homeownership. Learn more about how you can finance a mobile home. … Read more
Getting a mortgage loan when you have no credit history can seem daunting. However, it is possible to get approved if you take the right steps In this article, I’ll explain what no credit mortgage loans are, who they are for, and how to improve your chances of getting approved. What is a No Credit … Read more
Lending money inherently comes with risks. And it gets even riskier when fraudsters join the party. In this article, we’ll look at the most common methods fraudsters employ to commit loan fraud, and – importantly – how to protect your business from them. Loans allow us to buy homes, cars, and pay for education. But … Read more