Having a low credit score can impact your eligibility to borrow money via a traditional loan. However, income-based loans aren’t based on your credit score or tied to a specific type of purchase (e.g., home or car), so they are often more accessible to borrowers with bad credit or who want flexibility in using the … Read more
There are many reasons why you may not have credit. You could be young and just starting out. An immigrant who is new to our financial system. Or perhaps you’ve operated on cash and haven’t participated in the credit system to date. Whatever the reason, we have a way to help you slowly and securely … Read more
Do you know your debt-to-income ratio? Learn more about your DTI ratio, from how it works to how you can use it to your advantage in your next purchase. Between credit scores, interest rate percentages, and auto loan term lengths, buying a car incorporates several types of numerical amounts. The term “debt-to-income ratio” represents another … Read more
One way to recover some money during tax season is through tax deductions, which are reductions of income that are able to be taxed and are commonly a result of expenses. There are many types of tax deductions, one of which is car loan interest. Paying interest on a car loan can be a big … Read more
Buying a mobile home can be an affordable way to achieve homeownership. However, securing financing for a mobile home is different than getting a traditional mortgage. This comprehensive guide covers everything you need to know about applying for a mobile home loan. Overview of Mobile Home Loans Mobile homes also known as manufactured homes are … Read more
An FHA loan, a mortgage insured by the Federal Housing Administration, is a popular choice for many home buyers because of its low down payment and modest credit score requirements. If you want to buy a condo and benefit from the low down payment that comes with an FHA loan, youâll need to either buy … Read more
As a real estate investor, you may not have the luxury of getting approved for a traditional small business loan. Whether it’s a low credit score, a spotty payment history, or lack of down payment, you may find it challenging to find financing. One option to consider: a hard money loan. Here, we share what … Read more
The cost of living in California can be astronomical, and the real estate market reflects that. You may think your only option is to rent a home with bad credit because qualifying for a home Installment loan is impossible but think again! Residents of California may now have access to two new forgivable loan programs! … Read more
Mobile homes provide a more affordable way for many people to own their own home. An FHA mobile home loan can help make financing the purchase of a mobile home easier. In this comprehensive guide, we’ll explain everything you need to know about using an FHA loan to buy a mobile home. What is an … Read more
Small business loans like the SBA 7(a) loan can be a crucial lifeline for your company. But how do these loans affect your taxes? Obtaining financing is often a crucial step for entrepreneurs looking to start or grow a business. Business loans provide necessary capital to fund operations, equipment purchases, hiring, marketing and other expenses. … Read more