How debt consolidation affects buying a home depends on what kind of debt consolidation you’re talking about. While certain kinds of debt consolidation may have no direct effect on home buying, other kinds may have a significant impact on your credit score and, therefore, your ability to purchase a home. Getting a mortgage to buy … Read more
The United States Department of Agriculture (USDA) offers a variety of loan programs to help residents in rural areas achieve homeownership. One such program available in Alabama is the USDA Rural Development Direct Home Loan also known as the Section 502 Direct Loan Program. This loan program aims to assist low- and very-low-income applicants in … Read more
Discover Home Loans has been making waves in the mortgage industry since it first launched in 2012. As one of the nation’s largest lenders, Discover is known for its low rates, zero fees, and excellent customer service But what’s new with Discover Home Loans in 2023? Here are the latest updates on this top mortgage … Read more
We are an independent, advertising-supported comparison service. Our goal is to help you make smarter financial decisions by providing you with interactive tools and financial calculators, publishing original and objective content, by enabling you to conduct research and compare information for free – so that you can make financial decisions with confidence. Bankrate has partnerships … Read more
Many Veterans who utilize the VA loan do so with another applicant. It often makes sense for prospective homebuyers to want or need another applicant on their VA loan. Using another persons income, credit score and debt level can do wonders for loan qualification. However, not all co-borrowing scenarios are easy, and some may be … Read more
Buying your first home is an exciting milestone. But it also involves big financial decisions, like choosing the right mortgage Two popular options for first-time homebuyers are FHA loans and USDA loans They offer low down payments and lenient credit requirements. But how do you know whether an FHA or USDA loan is a better … Read more
Purchasing land in Georgia can be a great investment, but it also requires careful financial planning. As you budget for your land purchase, you’ll need to determine the size and terms of the loan you need. That’s where a land loan calculator for Georgia can help. This online tool allows you to easily estimate your … Read more
Note: Want to skip the guide and go straight to the free templates? No problem – scroll to the bottom. Also note: This is not legal advice. Creating a payoff letter is essential to any loan or mortgage repayment process. It serves as a formal document that records the date and amount of the repayment, … Read more
Buying and selling real estate often involves transitional periods that require financing to cover costs between transactions. Two common short-term financing options are bridge loans and hard money loans. While they share some similarities, there are important differences between these loans that borrowers should understand. In this article, we’ll compare bridge loans and hard money … Read more
Become a licensed mortgage loan originator in Texas 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