Do you have a large purchase coming up? Do you have equity built up in your home ready to be utilized? A home equity loan may be the perfect option for you. But what requirements do you need to have to qualify? Below, we will cover all home equity loan requirements and whether they fit … Read more
Inheritance funding can be provided by either an inheritance advance company or an inheritance lender. The type of funding that is right for you depends on your needs and the type of assets in the trust or estate. In both scenarios, the process is generally simple and fast, and you receive your money quickly so … 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
If you’re planning a major renovation or addition to your home, you’ll likely need to secure financing to pay for the project Two popular options for funding home improvements are home equity lines of credit (HELOCs) and home equity construction loans. But how do you decide which one is the better fit for your needs? … Read more
Demystifying Home Loans How to Use a Mortgage Calculator to Estimate Payments As a first-time homebuyer I found the process of getting a mortgage complex and intimidating. Between interest rates loan types, taxes, insurance, and other factors, I struggled to figure out what my actual monthly payments would be. That’s why learning to use a … Read more
With housing prices remaining high and mortgage rates on the uptick, many homeowners are opting to renovate their existing homes rather than purchase a new property. And to fund these renovations they are increasingly turning to home equity – tapping into their ownership stake to generate funds. I wanted to provide a comprehensive guide examining … Read more
If the number on line item number 37 of your federal 1040 tax return “Amount You Owe” gives you heart palpitations, dont despair. The Internal Revenue Service (IRS) may be willing to work with you as long as you stay in contact and take the necessary steps to get your tax bill paid. What are … Read more
Termites and what the VA labels “wood-destroying pests” can be a serious problem for homeowners, buyers and sellers. House hunters often worry about the condition of older homes when it comes to these pests, and in some cases rightfully so. To the untrained observer, termite infestations are very difficult to spot unless there is obvious … Read more
Commercial mortgage backed securities (CMBS) loans have become an increasingly popular option for commercial real estate investors over the past few decades. However, these complex financial instruments are still poorly understood by many. In this article I aim to clearly explain what CMBS loans are how they work, and who the key players are in … Read more
Rocket is best known for its mortgages, but Rocket Loans offers fast funding on other types of loans, as well – including unsecured personal loans. Loan money can land in your bank account the same day you apply, but you’ll face an origination fee and higher interest rates. Here’s when to consider a Rocket Loans … Read more