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Is TruStage Auto Insurance Good? An In-Depth Look at Benefits, Costs & More

TruStage insurance offers an accessible auto insurance solution for credit union members who want to handle their banking and insurance needs in one place. But is TruStage auto insurance really a good choice compared to other carriers? In this comprehensive guide, we’ll take an in-depth look at TruStage car insurance to help you decide if … Read more

if i damage my own car can i claim on my insurance

Getting into an accident and damaging your own car can be frustrating and costly. You may be wondering if filing an insurance claim is an option when you are at fault. The answer depends on your auto insurance coverage. Collision and Comprehensive Coverage Pay for Own Damage There are two main types of car insurance … Read more

Is A Personal Loan Tax Deductible?

Taking out a personal loan is one way to access funds for a variety of purposes, from consolidating high-interest debt to financing a large purchase. However, one downside to personal loans is that the interest you pay is not tax deductible in most cases. When Personal Loan Interest Is Tax Deductible While personal loan interest … Read more

How to Claim Insurance for a Car Dent

Finding an unexpected dent or ding on your car can be upsetting. While minor cosmetic damage may seem harmless, repair costs can quickly add up. In many cases, you can file an insurance claim to cover car dent repair costs. Here is a step-by-step guide on how to claim insurance for a car dent. Notify … Read more

What is Tax Deductible Interest on Loans?

As a taxpayer, you are probably always looking for legitimate ways to reduce your tax liability and maximize your tax deductions. Claiming tax deductible interest on certain types of loans is one effective strategy to achieve this goal. Understanding what tax deductible interest is, the types of loans that qualify, deduction limits, and how to … Read more

How Student Loans Affect Qualifying for a USDA Home Loan

As more Americans attend four-year colleges and universities, an increasingly large amount are taking on student loan debt to fund their education. Student loan debt can understandably feel like a burden, but it doesn’t have to prevent you from achieving your dreams of homeownership. A USDA loan can be a great tool to help recent … Read more

Can You Use an FHA Loan to Buy a Rental Property? Everything You Need to Know

If you’re interested in becoming a landlord, you may be wondering if you can use an FHA loan to purchase an investment property FHA loans are popular options for first-time homebuyers because of their low down payments and flexible credit requirements. But can these government-backed mortgages also help you buy your first rental property? As … Read more

Navigating Mortgage Loan Inheritance Repayment and Tax Deductions

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

Single Mom Home Loans with Bad Credit: A Guide to Homeownership

Single parents face a lot of challenges raising kids and paying the bills on their own. The financial struggle that often comes with these challenges make it seem impossible for single mothers or fathers to buy a house. Also, the lower end of the housing market suffers the most inventory shortage, leaving single parents with … Read more

How To Remove MIP from Your FHA Loan and Stop Paying Mortgage Insurance

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

VA Loan Quality Certification: A Complete Guide for Lenders

The VA loan quality certification is an important requirement for lenders that originate VA loans. This certification ensures that the lender has adhered to VA guidelines and underwriting standards when originating and closing the VA loan. What is the VA Loan Quality Certification? The VA loan quality certification, also known as VA Form 26-1820, is … Read more

How Much Does a Mortgage Loan Originator Make Per Loan?

If you’re considering a career as a mortgage loan originator one of your biggest questions is likely – how much money can I make in this role? Loan originators can earn a nice income but pay structures vary. In this comprehensive guide, we’ll dig into the details on compensation models and average earnings per loan … Read more

How to Get Rid of PMI on an FHA Loan: A Step-by-Step Guide

Figuring out how to get rid of PMI (private mortgage insurance) on an FHA loan can be confusing, so we’ve done the research to make it easier to understand. But first, please understand one important fact: FHA loans do NOT carry PMI. Instead FHA loans may have a Mortgage Insurance Premium (MIP). The two insurance … Read more

USDA Loan Requirements in Indiana: A Complete Guide for 2023

The USDA home loan program can be an excellent option for low- and moderate-income homebuyers in rural areas of Indiana USDA loans offer 100% financing with no down payment required They have very low interest rates and flexible credit requirements. However, there are eligibility requirements you need to meet to qualify for a USDA loan … Read more