Irrevocable trusts can provide valuable benefits like asset protection, tax savings and probate avoidance. However the restrictions of an irrevocable trust may make it difficult for beneficiaries to access funds when needed. Taking out a loan with an irrevocable trust as the borrower can provide liquidity. But finding the right lender for trust-based loans requires … Read more
Purchasing vacant land to build a dream home from the ground up is an exciting prospect for many homebuyers. But financing the land purchase itself can be tricky without an existing structure to use as collateral. This is where lot loans, also known as land loans, come into play. In this comprehensive guide, we’ll break … Read more
When most people think about mortgage loans, they think of the standard, long-term financial commitment to purchase a home. But did you know there are mortgages available specifically for building or renovating a home too? Keep reading to learn exactly how you can benefit from a construction or renovation loan. Construction loans are short-term loans … Read more
Getting an equity loan can be a great way to access funds, even if you don’t have a regular paycheck or other income. As a homeowner, the equity in your house is a valuable asset that you can leverage. With the right lender, you may be able to qualify for an equity loan without having … Read more
Many or all of the products featured here are from our partners who compensate us. This influences which products we write about and where and how the product appears on a page. However, this does not influence our evaluations. Our opinions are our own. Here is a list of our partners and heres how we … Read more
Bettina made me feel so comfortable talking through everything and made sure I understood what is going to happen. Super friendly and I really enjoyed talking with her!!! It’s nice to talk with someone who isn’t “just doing their job”, she went above and beyond and made the experience very relatable and super easy. Thank … Read more
Debt consolidation car loans allow you to combine multiple loans and debts into one new loan. This can help simplify your finances by consolidating payments and potentially even lowering interest rates. In this comprehensive guide, we’ll cover everything you need to know about using debt consolidation for your car loans. What is Debt Consolidation? Debt … Read more
Whether youre a first-time homebuyer, moving to a new home, or want to refinance your existing conventional or FHA mortgage, the FHA loan program will let you purchase a home with a low down payment and flexible guidelines.580 Credit Score- and only -3.5% Down RELATED ARTICLES FHA loan limits were established to define how much … Read more
There is a good and a bad credit score range. Fortunately, a 680 FICO Score falls under the good credit score category. So, if you want to buy a house, it can put you at a great advantage so you can get a mortgage. The kind of home loan you will get will absolutely depend … Read more
Taking out a loan is a big financial commitment. Thankfully most loans include a grace period – a set length of time after your payment is due where you can pay late with no penalties. Grace periods provide a valuable buffer as you get used to making payments on your new debt. In this comprehensive … Read more