If you own a home, you may be able to deduct the interest on your mortgage. If you pay interest on a condominium, cooperative, mobile home, boat, or recreational vehicle used as a residence, you can also deduct that from your taxes. TABLE OF CONTENTS. $750,000 It pays to take mortgage interest deductions There are … Read more
Even though you will probably have to shut down your company, SBA loan forgiveness is a great way to help you recover from a failed business venture. What Is SBA Loan Forgiveness and How Does It Work? Congress approved and the president signed the CARES Act. What is referred to as the Paycheck Protection Program … Read more
For the right homeowner, one who is primarily seeking a way to effectively age in place, a reverse mortgage can be a very practical option. Reverse mortgages are an option for homeowners who are 62 years of age or older and have accumulated a significant amount of equity in their homes. They enable borrowers to … Read more
Review of the best auto loan rates for borrowers with credit scores between 660 and 669 for new, used, and refinanced vehicles A credit score between 670 and 679 is considered “prime” by auto lenders. You are at the lower end of the “prime” range, which is 661 to 780. You should keep an eye … Read more
Everybody experiences a time in their lives when they need to make improvements to their homes but are unable to do so due to a lack of funds. But not every project will be accepted, and you’ll have to work hard to get it done. For instance, they might only concentrate on particular repairs that … Read more
We are an independent, advertising-supported comparison service. Our mission is to empower you to make more informed financial decisions by giving you access to interactive tools and financial calculators, publishing original and unbiased content, allowing you to conduct free research and information comparisons, and publishing original and objective content. Partnerships between Bankrate and issuers like … Read more
Due to the ongoing economic challenges facing small businesses, the Small Business Administration (SBA) recently extended the deferment period on the COVID Economic Injury Disaster Loan (EIDL). The EIDL is a disaster relief loan that has given small business owners financial assistance during the pandemic totaling almost $400 billion. Businesses struggling to recover from the … Read more
Navy Federal Credit Union gives great options for those looking to get an auto loan pre-approval. With great rates, flexible payment options, and a variety of loan packages to choose from, it’s no wonder so many people turn to Navy Federal for their auto loan pre-approval. Whether you’re just starting to look for a car … Read more
If you’re looking to purchase a home for the first time, you may already be aware of the numerous steps involved, from saving for a down payment to learning about your mortgage options. Obtaining a mortgage preapproval is one of those steps. Congratulations if you’ve already submitted a mortgage application and received a mortgage loan … Read more
When you are behind on payments for a loan or taxes, banks, courts, the government, or the IRS may place a lien on your property. If someone makes a claim against your property, they have the right to sell it as collateral for their claim against you. The answer to your question is yes if … Read more