As a real estate investor, you want to protect your personal interests. One way to do so is by doing business through a Limited Liability Company (LLC). Doing so provides a veil of protection for personal assets and shields them from business losses should they occur. If you’re interested in purchasing a property in your … Read more
You may look into a personal loan for purposes such as consolidating debt, paying off medical bills or covering home repairs. Personal loans are typically unsecured, meaning they dont require collateral, but lenders require some personal loans to be backed by something that holds monetary value. Collateral on a secured personal loan can include things … Read more
An FHA construction loan can help you realize your dream of creating your forever home from the ground up, even if you have less-than-perfect credit. As long as you can make a 10% down payment, you may qualify for an FHA construction loan with a credit score as low as 500. Here’s what you need … Read more
Getting a mortgage to buy a home in Oregon can be challenging, especially for low-to-moderate income buyers That’s where USDA home loans come in. These government-backed mortgages offer affordable financing and flexible credit requirements to help rural residents achieve homeownership In this comprehensive guide, we’ll explain all the key details about USDA loan requirements in … Read more
When considering taking out a loan of any kind, itâs important to understand the repayment model. Otherwise, youâll be flying blind into an expensive financial commitment. One common repayment structure is a fully amortized loan. Getting a loan can be an intimidating process, especially when you start hearing unfamiliar terms like “fully amortized.” But understanding … Read more
Few things are as frightening as the possibility of losing your home. Our homes are often an extension of ourselves and hold just as much of a personal investment as a financial one. If you are at risk of losing your house, you are likely willing to do whatever it takes to avoid foreclosure. In … Read more
The FHA loan program helps make homeownership accessible for many borrowers by offering low down payments and flexible credit requirements But can you get more than one FHA loan? The answer is yes, you can have multiple FHA loans throughout your lifetime if certain conditions are met In this comprehensive guide, we will cover: The … Read more
AgAmerica Lending® LLC is a licensed mortgage lender. NMLS ID# 372267 Copyright AgAmerica® LLC 2024. All Rights Reserved. Moving to a rural area and buying land to build or renovate a home can be an exciting prospect. With lower population density, more affordable real estate, and a slower pace of life, living rurally appeals to … Read more
Embarking on the journey to build your dream home is exciting, but navigating the construction loan process can feel daunting. If you dream of constructing a home but are hesitant about the loan process, you’re not alone. Many share your concerns about navigating what seems like a complicated path. So, let’s demystify the construction loan … Read more
VA loans have a unique benefit that sets them apart from conventional mortgages – they are assumable This allows a new buyer to take over the loan from the existing homeowner and inherit the terms and conditions, including the interest rate and monthly payments But what exactly does it mean when a VA loan is … Read more