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
Buying a home is an exciting milestone in life. However, the process can also be daunting, especially when it comes to securing financing. Two popular mortgage options for homebuyers are VA and FHA loans. These government-backed loans offer more flexible eligibility requirements than conventional mortgages, making homeownership more accessible. If you’re considering a VA or … Read more
If you’re a military borrower, getting approved for a VA loan with bad credit is possible, regardless of any blemishes in your financial history. The U.S. Department of Veterans Affairs (VA) will even guarantee mortgages for veterans who have overcome a previous bankruptcy or foreclosure. Buying a home is an exciting milestone in life. However, … Read more
The Complete Guide to Getting an FHA Loan for a 4-Plex Buying a 4-plex with an FHA loan can be a great way to get started in real estate investing. With an FHA loan, you only need a 3.5% down payment to purchase a 4-unit property. This allows you to get into a larger investment … Read more
Buying a mobile home along with the land to put it on can be an affordable way to become a homeowner. However, financing the purchase requires some special considerations compared to buying a traditional house and land. In this comprehensive guide, we’ll walk you through everything you need to know about getting a loan for … Read more
Building a home can be expensive. And taking out both a construction loan and primary mortgage to finance this can be challenging. Fortunately, a USDA construction loan can help with both problems. These loans require no down payment, and youâll only need to close one loan to finance both the construction of your residence and … Read more
VA Loan Modification Guidelines 2023 Everything You Need to Know The VA loan program offers a helpful solution for borrowers facing financial hardship – loan modifications. VA loan modifications allow borrowers to adjust their loan terms to make their monthly payments more affordable. With the COVID-19 pandemic causing widespread economic disruption, VA has implemented special … Read more