To qualify for a home equity line of credit, you’ll need more than equity in your property. Your current income level, credit score, and credit history all play a part. A lender may deny your HELOC application because of your income level or a red flag on your credit report. While low income and poor … Read more
When you’re ready to buy a home, getting pre-approved for a mortgage loan is one of the most important steps. Pre-approval from a lender like Wells Fargo demonstrates to home sellers that you are a serious buyer who has been thoroughly vetted and can obtain financing. Keep reading to learn everything you need to know … Read more
Getting pre-approved for a mortgage is an essential step for homebuyers. Pre-approval provides proof to sellers that you are qualified to purchase a home at a specific price point. This helps strengthen your offer and negotiations. For buyers interested in low down payment options, FHA loans can be a great choice. Here’s what you need … Read more
Taking out a home equity loan or line of credit can be a great way to access funds for home improvements, debt consolidation, education expenses, and more. But what happens if you already have a first and second mortgage or lien on your property? Is it possible to get a home equity loan or line … Read more
Inheriting a property can be a blessing and a burden. While you may have gained a valuable asset, inherited properties often need repairs and upgrades. As the new owner, those renovation costs fall on your shoulders. Taking out a renovation loan allows you to finance necessary updates to make the inherited property livable or sellable. … Read more
When you need emergency funds or fast access to cash a same day home equity loan can provide a quick solution. These home equity lines of credit offer rapid approval and funding so you can get money in your account on the very same day you apply. In this comprehensive guide, we’ll explain how same … Read more
Hi there, Stan, The Annuity Man, Americans annuity agent, licensed in all 50 states. Scratch, scratch, itch, itch. My head is scratchy. Ive got a full head of hair, by the way. Okay. Todays topics kind of a weird one, and I might lose my mind over it. The topic is What is an Annuity … Read more
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Fix and Flip Loans, also known as House-Flipping Loans, are designed to be exactly what house flippers need to arrange profitable deals and move quickly in favorable real estate situations. The housing market can be turbulent, and serious real estate investors need to be able to move fast. Some of the deals with the biggest … Read more
Getting a loan can be an effective way for a trust to access funds, but the process is more complicated than it may seem. In this comprehensive guide, we’ll explain everything you need to know about trusts getting loans, including the different types of trusts, lenders, loan purposes, and steps involved. Overview of Trusts and … Read more