Bella Mertz Founded in 1919, Ally Bank is a provider of financial services with its corporate headquarters in Detroit, Michigan. Previously known as GMAC (General Motors Acceptance Corporation), the bank The bank provides mortgages, corporate programs, lending, insurance, and banking services. One of the biggest auto finance companies in the US, it provides financing for more than … Read more
You might be surprised when you apply for a loan and your mortgage lender provides you with a different set of credit scores if you are using a free credit monitoring service and believe you know what your credit score is. Due to the fact that lenders use a variety of credit scoring models, this … Read more
Obtaining a mortgage can be a significant financial decision, and not everyone can qualify for the best terms due to their income and credit standing. However, if you can get a co-signer for your mortgage, you can use their resources to strengthen your application. This article will cover what you need to know whether you’re … Read more
As the housing market continues to fluctuate, those in the industry need to stay abreast of key changes that may affect their own operations. One such change has recently been implemented by Liberty Mutual, affecting the Mortgagee Clause included in their homeowners insurance policy. This blog post will provide an overview of the Liberty Mutual … Read more
When you receive a lump sum from an inheritance, tax refund, or sale commission, you probably think about the best way to spend the money. One factor to take into account is paying off debt, including credit card, mortgage, and auto loans. By avoiding the interest you would otherwise pay on the loan, paying off … Read more
You probably have a lot of questions about what determines whether you can obtain favorable terms for your mortgage or even get approved for one at all as you prepare to start the mortgage and homeownership process. Your credit score is one of the key factors a mortgage lender will take into account when determining … Read more
For a number of reasons, personal loans can be an important component of your financial planning. Maybe you’re trying to consolidate your debt or pay off some credit cards. If you can get approved, a personal loan may be a good way to help you achieve your goals. Personal loans are based more on your … Read more
Refinancing a reverse mortgage may or may not be the best choice for you, depending on a variety of factors. (Getty s). Homeowners 62 years of age and older may be able to access home equity through reverse mortgages. A reverse mortgage can be refinanced, just like a regular mortgage, and doing so can occasionally … Read more
A significant announcement made by the Biden administration on Tuesday will assist millions of borrowers of student loans in receiving loan forgiveness and relief. Here are the 5 biggest takeaways: Millions of student loan borrowers will continue to get student loan forgiveness President Joe Biden isn’t done cancelling student loan debt. This significant announcement shows … Read more
Wells Fargo, one of the nation’s top lenders for residential properties, is aware that our clients hold us to a high standard. We know that they expect more than just simple financing. They demand courtesy, knowledgeable service and support, and most importantly, they anticipate that we will conduct our lending operations in a fair and … Read more