Purchasing land can be an excellent investment, but financing the purchase through a land loan also means understanding how the loan will be paid off over time. This is where land loan amortization schedules come in. As the owner of a blog focusing on finances, I want to provide a detailed, easy-to-understand overview of land … 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
In a Nutshell If you want to consolidate and pay down debt, you may be considering a balance transfer credit card or a personal loan. Here’s how you can think through the decision to determine which option is right for you. Offers that appear on this site are from third-party advertisers from which Credit Karma … Read more
One of the most common questions veterans have is whether they can still get a VA home loan after foreclosure. The answer is often yes, but the size of the loan will be affected by the previous foreclosure and what your remaining entitlement benefits are. Its much better for the service member, and the VA, … Read more
Some or all of the mortgage lenders featured on our site are advertising partners of NerdWallet, but this does not influence our evaluations, lender star ratings or the order in which lenders are listed on the page. Our opinions are our own. Here is a list of our partners. Scrolling through glossy online listings might … Read more
Taking over an existing mortgage loan through a process called loan assumption can be a great way for creditworthy borrowers to buy a home with little or no down payment. Wells Fargo, one of the largest mortgage lenders in the U.S., does permit assumptions on some of its loans. Here’s what you need to know … Read more
Notary Signing Agents (NSAs) facilitate loan closings for the mortgage finance industry. Before starting the NSA certification process, you must be commissioned as a Notary Public. Please be aware that opportunities to conduct loan signings may be limited or restricted in 18 states. In today’s digital world, more aspects of the real estate transaction process … Read more
The assumable VA loan is an intriguing option that not enough homebuyers know about. VA loans have long been assumable, meaning qualified buyers can take over the mortgage of a current VA homeowner. With mortgage rates rising in 2022, assumption opportunities can really pay off. You essentially inherit the low rate on an existing VA … Read more
The United States Department of Agriculture (USDA) provides special mortgage financing to promote homeownership in small towns and rural areas. These government-backed loans have excellent benefits, but you must meet income eligibility requirements based on where you want to buy. Overview of Income Restrictions for USDA Loans To qualify for USDA rural housing loans, your … Read more
What is the Financial Hardship Department scam? What do you do if you receive a scam email or call? Read more. Gaetano DiNardi is a growth advisor to software companies like Docebo, Cognism, and Workvivo. As the former head of organic growth at Aura, Gaetano helped launch the companys SEO program. He has also written … Read more