Looking for a fast and easy way to get money? You might have heard about the Cup Loan Program on the internet. This program claims it can help you get loans easily, without needing to check your credit score, put down anything valuable as a guarantee, or pay any fees upfront. They say you can … Read more
Getting a new car is an exciting time. Whether you need more space for a growing family, want something more reliable for your work commute, or just have your eye on your dream car, buying a new vehicle opens up a world of possibilities. But with the thrill of shopping for your perfect ride comes … Read more
We’re here to help! First and foremost, SoFi Learn strives to be a beneficial resource to you as you navigate your financial journey. Read more We develop content that covers a variety of financial topics. Sometimes, that content may include information about products, features, or services that SoFi does not provide. We aim to break … Read more
Deciding between a mortgage and a personal loan can be tricky. Both allow you to borrow a lump sum of money upfront and pay it back over time But they work differently and have different use cases. I’ll compare mortgages and personal loans in this article, so you can weigh the pros and cons of … Read more
As a first-time homebuyer, you may feel overwhelmed when trying to choose between a USDA home loan and an FHA home loan. Both are government-backed mortgage programs aimed at helping low-to-moderate income buyers and those in rural areas achieve homeownership. But each program has distinct eligibility requirements, loan limits, and other key differences you’ll want … Read more
Home prices have risen sharply over the last three years, leaving many families unable to afford a traditional site-built home. So some homebuyers have turned to mobile and manufactured homes as a more budget-friendly housing alternative. However, the financing models designed for traditional single-family homes don’t always translate well to mobile and manufactured homes. It’s … Read more
Whether youâre building first-time credit or rebuilding your credit, you could consider a credit-builder loan. A credit-builder loan is different from a traditional loan. With a credit-builder loan, you make fixed payments to a lender and then get access to the loan amount at the end of the loan termâinstead of borrowing upfront and paying … Read more
Veterans with reduced VA loan entitlement must still follow VA loan limits. Keep in mind, VA loan limits are not a maximum on how much you can borrow but help determine how much you can borrow without needing to factor in a down payment. If you’re a veteran looking to buy a home in San … Read more
Buying a home is an exciting milestone, but figuring out how to qualify for a mortgage can feel overwhelming. If you’re looking to purchase a home in New Jersey an FHA loan can be a great option thanks to low down payment requirements and flexible credit standards. But what exactly does it take to qualify … Read more
Loan modification can provide much-needed financial relief for homeowners with FHA-insured mortgages who are struggling to make their monthly payments. With the economic impacts of COVID-19, loan modification has become an essential tool for many homeowners to avoid foreclosure. In this comprehensive guide, we’ll explain everything you need to know about the loan modification process … Read more