The past few years have been financially challenging for many Illinois residents. Between the COVID-19 pandemic, rising inflation, and economic uncertainty, making ends meet hasn’t been easy. If you’re an Illinois homeowner experiencing financial hardship, help may be available through the state’s Financial Hardship Loan Center. Understanding the Financial Hardship Loan Center The Illinois Financial … Read more
Is property mortgage insurance (PMI) too expensive? Some home owners obtain a low-rate second mortgage from another lender to bypass PMI payment requirements. Use this calculator to see if this option would save you money on your home loan. Below this calculator we publish current Los Angeles first mortgage and second mortgage rates. The first … Read more
Having your car repossessed can be an extremely stressful and embarrassing experience. Not only do you lose your vehicle, but it also damages your credit score and makes it harder to qualify for loans in the future. Many people wonder if having a prior car repossession will automatically disqualify them from getting a mortgage, especially … Read more
The process of getting a mortgage approved can be a long, stressful one. There are lots of requirements involved in the course of the application, so getting through to closing is a big deal. However, there are scenarios where the loan application was denied at closing. As an applicant who has gone through all the … Read more
If you have a significant amount of equity in your primary residence, you can tap into it through a home equity loan. You can then use that money for any purpose you wish, including buying a second home or an investment property. However, using a home equity loan to buy another house is not without … Read more
If you need fast access to cash in the Las Vegas area, a signature loan can be a convenient borrowing option. Signature loans are unsecured personal loans that don’t require collateral. Instead, your signature and promise to repay is what makes them work. Signature loans in Las Vegas let you borrow from $100 up to … Read more
Purchasing land to build a dream home or start a business can be an exciting prospect. However, land is one of the most difficult types of real estate to finance. Traditional mortgages require an existing structure as collateral, so funding raw land purchases requires special lending instruments. If you need financing to buy vacant land, … Read more
As a first-time homebuyer in Oregon, I understand the struggles of finding an affordable mortgage. With high home prices in cities like Portland, many are priced out of the market. That’s why I was excited to discover USDA rural home loans as an option. In this blog post, I’ll share everything I learned about how … Read more
VA mortgage loans have a unique feature that sets them apart from conventional loans – they are assumable. This means that the loan can be transferred to a new borrower who takes over the payments. Assumable VA loans provide opportunities for both buyers and sellers in a rising interest rate environment. In this comprehensive guide, … Read more
First responders like firefighters, police officers, paramedics, and nurses provide invaluable services that benefit communities across California daily. In recognition of their service and sacrifice, there are special home loan programs available to help these heroes achieve the dream of homeownership. Known as first responder home loans in California, these programs offer exclusive benefits and … Read more