Getting a new home built from the ground up is an exciting prospect. But paying for construction costs upfront can be a major obstacle for many prospective homeowners. This is where construction loans that only require 10% down can provide a viable path to your dream home In this comprehensive guide, we’ll explain what 10% … Read more
This calculator will compute an interest-only loans accumulated interest at various durations throughout the year. These amounts reflect the amount which would need to be paid in order to maintain a constant principal balance. For your convenience we list current Honolulu mortgage rates to help you perform your calculations and find a local lender. Calculator … Read more
Purchasing a second home can be an exciting prospect. Whether you want a vacation getaway or investment property, having a second piece of real estate opens up new possibilities. But qualifying for a mortgage on a second property is different than getting a loan for your primary residence. Conventional loans are a popular option for … Read more
Reviewed Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors opinions or evaluations. If you’re disabled or applying for disability benefits, you might need to borrow money. The good news is that the Equal Credit Opportunity Act prevents lenders from discriminating against you just because your … Read more
Buying a house is exciting, but it can be a stressful time, too. Concerns like can I really afford the mortgage, do I want the responsibilities of home ownership, or what if I can’t afford closing costs are all common. Closing costs can be an especially daunting expense when buying or refinancing a home. That’s … Read more
Boat loan terms can be as short as five years, but, typically, they are between 10 to 20 years. The exact length of a boat loan depends on a number of factors including the loan amount, the age of the boat, and the type of boat. Learn more about how to determine the right boat … Read more
Buying or building a home is an exciting milestone in life For many Americans, homeownership signifies independence, family growth, and financial stability. However, the dream of owning your own home can feel out of reach due to the high costs involved This is where USDA loans come in. USDA loans are mortgage loans backed by … Read more
Rolling Closing Costs into Your Mortgage Loan – The Pros and Cons If you’re in the process of buying a home or refinancing your mortgage, you’ll soon be facing the closing costs – all those fees charged by lenders, appraisers, title companies, and more. Closing costs often run 3-5% of the total loan amount. So … Read more
Starting and running an Airbnb business can be an exciting and lucrative venture. However, it does require some upfront investment to get your rental property ready for guests. For many entrepreneurs securing financing to launch their Airbnb is one of the biggest challenges. If you’re having trouble getting approved for a traditional bank loan an … Read more
Investing in hard money loans can provide good returns for a real estate investor, and there are a variety of ways to tap into the hard money lending arena. Hard money lenders like New Silver offer Funds which allows investors to do just this. New Silver’s Income Fund allows investors to earn 14-17% total target … Read more