Applying for a new home loan can be intimidating, especially if you have a less-than-ideal credit score. While most loan programs and lenders have minimum credit score requirements, it is possible to get a no-credit-check mortgage that allows you to qualify for a home loan with no credit. Here’s a look at what to expect … Read more
Become a licensed mortgage loan originator in Alabama by starting with the NMLS required pre-license training program. Take courses online. Finish in as few as 4 days. Thousands of students each year take courses with OnlineEd. Completing your pre-license education is the first step towards a new career! OnlineEds base 20-hour MLO licensing program is … Read more
Filing for bankruptcy can impact your finances in myriad ways, including your ability to get a credit card or a loan. Still, it may be possible to secure a personal loan after bankruptcy if you’re flexible with your lender and willing to pay higher interest rates and loan fees. You may also be able to … Read more
Purchasing a home is an exciting milestone in life. However, it also comes with financial complexities, especially regarding mortgage options If you’re a first-time homebuyer in Virginia, Federal Housing Administration (FHA) loans present an accessible financing solution. However, to qualify, your chosen home must fall within FHA lending limits dictated by the county As of … Read more
Buying land and building a custom home from the ground up can be an exciting and rewarding experience. You get to design every detail and truly create your perfect living space. However, it also requires significant upfront costs and financing. Securing the right loans to buy land and build a house is key to making … Read more
When it comes to home loans, VA loans and conventional loans are two of the most common options for buyers. But there can be some confusion around whether VA loans are actually a type of conventional loan. The short answer is no – VA loans and conventional loans are separate loan types with different requirements … Read more
Having a low income and bad credit can make getting approved for a loan difficult, but not impossible With the right strategy, those with limited incomes and poor credit scores can still access the financing they need As an expert in personal finance, I want to provide a complete guide on securing loans when you … Read more
Getting a mortgage to buy a home is an exciting milestone in life, But the requirement to pay private mortgage insurance (PMI) or mortgage insurance premiums (MIP) on loans with less than 20% down can put a damper on your homeownership joy This is especially true for borrowers with FHA loans, which have more rigid … Read more
Are you a veteran or service member who used a VA loan to purchase your home? If so, you may be curious about how the VA mortgage will affect your home-selling process. Don’t worry, as it is not that much different from any other type of real estate transaction. To help answer all your questions … Read more
Personal loans are not typically used to pay for a house. However, there may be some exceptions in certain situations where its not only possible, but it may be a better option than a mortgage loan. Buying a home is likely the biggest purchase you’ll ever make. Most people finance a home purchase with a … Read more