loan Archive

Top 3 Things You Should Know About Multifamily Financing

Multifamily loans have become popular these days. Reason being, they have fully satisfied substantial investment issues that conventional mortgage and loan lenders have failed to address. However, just like other loan types, there are facts you need to know before applying for one. Take a look. 1. There are multiple options Just the fact that [&hellip

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How to Get Your First Farm Loan Request Approved?

If you’re looking for farm credit loans to expand your thriving agricultural business, then let’s first congratulate you. It means your venture is poised to grow further with additional funding. This is even sweeter if you bootstrapped your way to where you are right now. However, as farmmortgageloan.com stated, making a strong case for your loan application can [&hellip

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4 Tips on How to Use a Title Loan Responsibly

For years, title loans have bailed many Utahns out with adequate instant cash. While they’ve had their fair share of scrutiny, there’s no denying that many people, especially borrowers with bad credit, consider them a godsend. To minimize the risks of applying for title loans and protect your best interest, utahmoneycenter.com and other experts strongly [&hellip

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4 Types of FHA Loans That You Should Know

The Federal Housing Administration guarantees FHA loans, which aim to help qualified Americans purchase their own homes in states such as Missouri. It lets people with low credit score ratings borrow money from a lender through a low down payment. It’s a great option for people who can’t afford to pay at least 20 percent [&hellip

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Buying a Home? Read This First

At the back of their minds, most people consider themselves excellent money managers. However, a quick examination of their finances begs to differ in a big way. All across the board, people buckle under the weight of spiraling debts. A recent study puts the average American household credit card debt to the tune of $15,000, putting the [&hellip

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Reverse Mortgages: A Lifeline for Low-Income Seniors

A Home Equity Conversion Mortgage (HECM), more commonly known as reverse mortgages, provides senior citizens aged 62 and older the opportunity to convert their home equity into cash. This type of loan is insured by the Federal Housing Administration (FHA) and it doesn’t come with monthly mortgage payments. Reverse mortgage loans are used to pay [&hellip

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Find the Right Mortgage Amidst Today’s Rising Rates

With the steadily rising trend of mortgage rates this year, people who plan to get a home loan need to consider their options carefully. You can only get a good mortgage deal through the right research, preparation, and negotiation with your loan officer. Loan experts from Mortgage Investors Group and other lending institutions have some suggestions for you. [&hellip

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Applying for an FHA 203K Loan: How-To Guide for Owners of Fixer-Uppers

Many people get inspired to buy homes that need serious work, thanks to lifestyle and reality television shows. If a house is considered uninhabitable, lenders usually don’t hand out loans to borrowers. The FHA 203K loan program is set up by the federal government to help buyers repair an old and/or damaged home. For instance, it is [&hellip

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Five Reasons Behind Massive Debt and How to Avoid It

Borrowing money is not wrong, but getting into debt is quite awful. Debt can lead to disastrous consequences and even contribute to mental stress. It will consume your assets and make you pay for interests that you do not really deserve. There are many reasons people get into debt and unfortunately, they do not realize [&hellip

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Reasons You Should Do an FHA Loan Refinance Now

Debt consolidation the number reason many homeowners refinance their mortgages, especially since FHA loans have laxer requirements and flexible qualification processes. But repaying your mountain of credit card debts isn’t the only motivation you should get a fresh term for your home loan. Saving money down the road should be enough incentive to replace your [&hellip

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