Studies show that almost 35% of service members can’t pay their bills on time. About 27% of them have more than $10,000 in credit card debt. With inflation and the economic fallout of COVID-19, staying out of debt has become an everyday war for military families. There is a proven battle plan, however. Debt consolidation … Read more
Whether youre a first-time homebuyer, moving to a new home, or want to refinance your existing conventional or FHA mortgage, the FHA loan program will let you purchase a home with a low down payment and flexible guidelines.580 Credit Score- and only -3.5% Down RELATED ARTICLES FHA loan limits were established to define how much … Read more
Hard money loans can seem like an attractive option when you need funding fast for a real estate investment. But before you jump in, it’s important to understand the real costs involved – especially the interest rates. In this comprehensive guide, we’ll break down everything you need to know about hard money loan rates. What … Read more
Is a VA Loan Assumable? An In-Depth Guide for Veterans and Homebuyers If you’re a veteran exploring your home financing options, you may be wondering: is a VA loan assumable? As a fellow veteran and homebuyer, I can tell you the answer is yes! VA loans come with some unique benefits that set them apart … Read more
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