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
Are you interested in buying a mobile home in Texas? Let us help with a Texas mobile home mortgage prequalification. MobileHomeLoans.com can help you get pre-qualified for a Texas Mobile/Manufactured mortgage and on your way to homeownership! Simply fill out our online application. With a prequalification letter in hand, you will be able to submit … Read more
Home improvement projects can be costly for homeowners. While some have the cash on hand to fund renovations, others need financing help. This is where home improvement loans come in As a contractor, it can benefit your business when clients have access to financing. Offering financing solutions expands your customer base and helps land more … Read more
Filing your income taxes can be exciting or stressful, depending on whether you’re expecting a refund or owe money to the IRS. If a large tax bill catches you by surprise, you may be considering a personal loan to help you make your payment. Although personal loans can be used to pay your taxes, they’re … Read more
There are many phrases that sound extremely similar but have nuanced meanings. The phrase âloan termsâ can cause some confusion because itâs often used to refer to multiple aspects of your mortgage. If youâre feeling overwhelmed, thereâs no need to worry. A loan term can easily be understood with the right guidance and definition. Letâs … Read more