Buying your first home is an exciting milestone but it can also feel overwhelming navigating the mortgage process. If you qualify, USDA RD loans offer an affordable financing option, especially in rural areas. Using the USDA RD loan calculator helps estimate your monthly payments and determine if this program fits your budget. As a first-time … Read more
Federal Housing Administration (FHA) mortgage loans, which are government backed, have more lenient qualification requirements than conventional loans. However, theyâre not used to fund the purchase of an investment property, with an exception. If youâre willing to commit to treating one unit of a multi-unit investment property as your primary residence for at least a … Read more
Bridge loans and construction loans both are short-term lending options for borrowers who need funds fast. While they are often viewed as the same type of loan because they usually are both funded against the value of an existing property, they are structured for very different purposes. Bridge loans are used during periods of transition, … Read more
Are you unemployed and looking for a no income loan? Those who need to borrow money without income verification may think it’s challenging to get a loan with reasonable interest rates and manageable payback terms, but this is just not the case! There are many emergency loan options when you have no job or don’t … Read more
Know your options before using your home as collateral to get cash Part of the Series Home Equity Loans/HELOC Tapping Your Home Equity Homeowners looking to tap into their home’s equity often face a choice between a home equity loan or a home equity line of credit (HELOC). Both allow you to leverage your home’s … Read more
When you need access to cash for a major expense or to consolidate debt, a personal loan can be a flexible financing option. Signature loans, also known as personal loans, are one of the most common types of unsecured loans available from banks, credit unions and online lenders. With a signature loan, the lender doesn’t … Read more
Mortgage rates on mobile homes are dependent on various factors, such as which mortgage option you get. Here is everything you need to know For many prospective home buyers, breaking into the housing market remains out of reach. This is where mobile homes—also referred to as manufactured homes—can provide a more affordable and flexible alternative. … Read more
Buying land to build a dream home, run a business, or hold as an investment can be an exciting prospect. However, land purchases often require financing, which means taking out a land loan. Land loans are a unique type of financing product, with interest rates and terms that differ from conventional mortgages. If you’re considering … Read more
Going through a divorce can be draining—emotionally as well as financially. The costs of a divorce in America is now in the tens of thousands, and thats just in legal fees. You might owe much more than that if youre required to pay your ex-spouse a settlement, alimony or child support. Keep in mind the … Read more
California residents looking for affordable housing options should consider manufactured and modular housing. Manufactured homes, also known as mobile homes, offer portability and affordability. Modular housing, which is also factory-built, provides the ability to have a budget-friendly home on a foundation. Financing manufactured and modular housing differs from traditional housing, but many options are available … Read more