There are many uses for a personal loan â including purchasing land. How you go about using a personal loan to buy land and whether itâs the right option for you may require you to get more familiar with this type of loan and the benefits and drawbacks of using it in this way. Buying … Read more
You’re not just constructing a home, you’re building for a lifetime of memories. We can help you purchase the perfect property, then build the perfect home. Ohio offers beautiful landscapes, affordable land, and great opportunities for land loans. With proper planning and research, land loans can help you purchase the perfect property to build your … Read more
If you have built up equity in your home but still have a mortgage balance to pay off, you may consider using a home equity line of credit (HELOC) to reduce your monthly payments and the overall interest you pay on your loan. Since HELOCs sometimes have lower interest rates than mortgages, you could save … Read more
If you’ve searched for mortgage companies, chances are you’ve heard of Rocket Mortgage. They are the largest mortgage lender in the United States. But what about other loan products – does Rocket Mortgage offer personal loans too? The short answer is yes! Rocket Mortgage has a personal loan platform called Rocket Loans. However, it is … Read more
The United States Department of Agriculture (USDA) offers several loan programs to help low- and moderate-income families achieve homeownership. One of the most popular USDA loans is the Single Family Housing Direct Home Loan program, also known as the Section 502 Direct Loan program. This loan helps eligible borrowers buy, build, repair or renovate a … Read more
Building your own home can feel like a dream come true. It allows you the flexibility to create the home you want in a location of your choosing. Moving forward with a new build is a big decision and a big commitment. With a single close construction loan, we simplify the process for you with … Read more
The HUD 184 loan program provides mortgage financing guarantees for American Indian and Alaska Native families, tribes, or tribally designated housing entities. With a HUD 184 loan, borrowers can purchase, construct, rehabilitate, or refinance a single family home with a low down payment even for properties located on native lands. In 2023, HUD has updated … Read more
Home equity agreements (HEAs) also known as shared appreciation mortgages are becoming an increasingly popular way for homeowners to access the equity in their homes. But are these complex financial products right for you? Here, we’ll explore the pros and cons of HEAs to help you decide if tapping into your home through an HEA … Read more
Buying or building a new home is an exciting milestone in life. But it also requires a significant financial investment. If you don’t have enough cash savings for a down payment and closing costs, financing the purchase makes homeownership possible. An FHA loan is a popular mortgage option for first-time homebuyers and others because it … Read more
Government-backed Federal Housing Administration (FHA) loans are available to those with low or non-existent cash reserves or credit score limitations. Foreclosures, not only homes for sale by owner, should be considered when looking for a house to buy since FHA loans also allow homebuyers to purchase properties in this category. This may enable potential homebuyers … Read more