The VA loan represents one of the greatest financial benefits available to veterans. Most veterans purchase their first homes with one of these mortgages. However, certain situations exist where a conventional loan makes more sense for veteran borrowers. As such, we’ll use this article to explain how to refinance a VA loan to conventional. Refinancing … Read more
Many, or all, of the products featured on this page are from our advertising partners who compensate us when you take certain actions on our website or click to take an action on their website. However, this does not influence our evaluations. Our opinions are our own. Here is a list of our partners and … Read more
Land loans can help you buy property without any structures on it, especially when you don’t have immediate plans to build on the land. Whether you’re planning to build your dream house someday or buying a new location for your business, you might need a land loan to make it happen. We’ll go over the … Read more
Payday loans allow borrowers to get quick cash in emergency situations. While payday loans are easy to obtain, they come with very high interest rates and fees. That’s why it’s important to only use them as a last resort. In this article, we’ll explore the top 8 same day payday loan lenders and what makes … Read more
For many entrepreneurs and small business owners securing financing to start or expand a business can be challenging. With few assets besides their home, some see tapping into their home equity as an accessible way to access capital. However pledging your house as collateral on a business loan is a risky move that requires careful … Read more
You come home one night after a strong thunderstorm and arenât thinking at all about the weather. That changes when you hear water in your basement upon entering. The sump pump didnât turn on, and now you have water damage. Itâs probably not what you wanted to come home to, but thereâs no need to … Read more
Investment properties can be a great way to generate passive income and build long-term wealth through real estate. As your investment property appreciates in value over time, you may want to tap into the equity to finance renovations, repairs, or even use it to purchase another investment property This is where a home equity line … Read more
As you embark on the process of buying a house, youâll need to complete many tasks before you can close and move into your new home. Likely the most important item on your to-do list will be securing a home loan. A key figure in the home buying process is the mortgagee, but who is … Read more
A hard money 2nd mortgage is provided by a private lender and is taken out as second loan, which means that borrowers need to have a first mortgage already in place. These loans are secured by the existing mortgage and are therefore riskier. This means that they may have higher interest rates and shorter loan … Read more
Home equity loans allow homeowners to tap into the equity they have built up in their homes. Traditionally lenders require an appraisal to determine the property’s current market value before approving these loans. However some lenders now offer home equity loans without an appraisal, providing faster access to funds. What is Home Equity and How … Read more