Loan

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 aren’t thinking at all about the weather. That changes when you hear water in your basement upon entering. The sump pump didn’t turn on, and now you have water damage. It’s probably not what you wanted to come home to, but there’s 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, you’ll 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

Co-op housing is a popular form of homeownership especially in high-cost urban areas. Rather than buying a house or condo directly co-op members purchase shares in a co-op corporation. This entitles them to live in one of the co-op units. Financing the purchase of these shares requires a specialized type of loan called a share … Read more

We are an independent, advertising-supported comparison service. Our goal is to help you make smarter financial decisions by providing you with interactive tools and financial calculators, publishing original and objective content, by enabling you to conduct research and compare information for free – so that you can make financial decisions with confidence. Bankrate has partnerships … Read more

Property taxes are an inevitable aspect of homeownership, but they can sometimes become overwhelming. If you find yourself in a financial bind and are considering a property tax loan, it’s crucial to be well-informed before making a decision. While property tax loans can offer relief, they require careful consideration. Here are the top five things … Read more

Learn about home equity loan qualifications and how to get approved with our comprehensive guide. Loan Amount A home equity loan can be a good way for you to take advantage of the value built up in your property – but not everyone will be able to qualify. While every lender has its own requirements, … Read more