Bella Mertz The largest and most well-known student loan program today is the Federal Stafford Loan, also known as the Federal Direct Loan. Stafford loans are a type of federal student loan that are either subsidized – the government pays the interest while you’re in school – or unsubsidized – you pay all the interest. Subsidized and … Read more
Since I got my license a few years ago, I’ve been using my mom’s hand-me-down to get around. Can I get a car loan with a 670 credit score? I think I’m ready to buy my own car. Insurance for Your Car No spam or unwanted phone calls Quotes from top insurance companies Car Insurance … Read more
Buying a home is an expensive prospect. You must pay a down payment, hire movers, and purchase furniture for your new residence. However, there is another cost that many home buyers overlook: mortgage closing costs. Closing costs arent universal. When borrowers finalize their home loans, each mortgage lender imposes its own fees, which are then … Read more
There are numerous options available when buying real estate. However, with so many financing options available, it can be challenging to determine which is best for your circumstances. A chattel mortgage might be a good choice for you if you want to buy a mobile piece of equipment or a modular home. Borrowers who want … Read more
Note from the Editorial Board: Forbes Advisor partners’ links may earn us a commission. Commissions do not affect our editors opinions or evaluations. Instead of banks or other financial institutions, individuals or groups of individuals finance peer-to-peer (P2P) personal loans. You will be aware of the exact amount you must repay each month because they … Read more
Your age determines whether you qualify for a reverse mortgage more than any other factor. You may be eligible for the federally insured Home Equity Conversion Mortgage (HECM) program if you are 55 years of age or older and meet the reverse mortgage age requirement. Reverse mortgages are loans that are insured by the Federal … Read more
Federal Stafford loans come in two flavors: subsidized (the government pays the interest while you’re in school) and unsubsidized (you pay the interest yourself). Although most students won’t begin making these payments until after graduation, Stafford loans come in two flavors: subsidized (the government pays the interest while you’re in school) and unsubsidized (you pay … Read more
Married student loan borrowers’ tax filing status, whether they are “married, filing jointly” or “married, filing separately,” affects both their tax liability and student loan repayment amounts. However, filing jointly or separately can also affect your ability to qualify for lower healthcare premiums through the Health Insurance Marketplace. The vast majority of households in the … Read more
Note from the Editor: This article’s content is solely based on the author’s opinions and suggestions. It might not have received approval from any of our network partners through reviews, commissions, or other means. The ability to deduct the interest you pay on your mortgage from your taxable income thanks to the home mortgage interest … Read more
With the addition of our free Spanish homeownership education course, more borrowers will have a clearer understanding of the home-buying process. We now assist lenders in taking into account good rent payment history when evaluating mortgage credit, a crucial step in fostering homeownership opportunities. Helping you on your home journey We provide everyone in the … Read more