Debunking The Most Common Myths About FHA Loans

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Federal Housing Administration (FHA) loans are among the most popular mortgage options available in today's market--especially among first-time home buyers. Specifically, a low required down payment (usually around 3.5%) is a major selling point that comes along with an FHA loan. Unfortunately, there is a lot of misinformation circulating about FHA loans. By understanding the facts behind some common FHA myths, you can make a better informed decision regarding your next home loan.

3 March 2017

6 Ways You Can Invest In Real Estate

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It seems like more and more people are discovering the benefits of investing in real estate. If you haven't gotten into the game yet, it's time you considered. Check out these six ways you can invest in real estate. Purchase a Rental Property One of the most basic ways you can invest in real estate is to purchase a secondary home. You can rent this property to tenants. If you are patient, this can yield a lot of revenue.

12 July 2016

FHA Loans--What You Need To Know

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Mortgages are an extremely complex financial package. It's difficult enough to understand how interest rates, repayment terms, and other factors will impact your monthly budget when you're shopping for a loan. When you factor in that there are multiple types of mortgages, it can be difficult to know if the mortgage you're getting is the right one for you. FHA loans are a specific type of mortgage that are perfectly suited for certain borrowers.

11 December 2015

3 Tips on How to Repay a Payday Loan When it's Due

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Getting a payday loan can be the perfect solution for a financial money crunch, but repaying the loan when it is due is not always that easy. If you have a payday loan that is due soon that you cannot afford to repay, you will need to take action before its due date. There are several options you have if you cannot repay it on time, and here are some tips to help you find a way to get through this.

28 September 2015

Is There A Way To Negotiate A Lower Fee/Interest Rate On Payday Loans?

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Payday loans are short-term convenience loans that let people get money fast to pay for emergencies such as auto repairs or medical expenses. Lenders do charge a fee for the money (e.g. $15 per $100 borrowed), which can put the interest rate for these loans anywhere between 391% and 521% per year. As a borrower, you may be wondering if there is any way to negotiate a lower fee or interest rate on the loans you take out—something that can help you pay off the debt faster.

25 August 2015

Negative Vehicle Equity Explained

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Vehicle equity is not one of the first things that many people think about when they are looking to sell their car. However, the equity of your vehicle can have a big impact on the payments for your new vehicle and whether it is a better idea to buy or lease. Here is an explanation of negative vehicle equity to help you when you are looking for a new vehicle.

3 June 2015

Structured Settlements Vs. Lump-Sum Payments: 6 Considerations For People With Disabilities

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After winning a personal-injury lawsuit, you might have the option of accepting a lump-sum settlement or a structured settlement. With a lump-sum settlement, the defendant resolves the case by giving you one large payment. A structured settlement gives you guaranteed income over the course of several years. If your accident resulted in a permanent disability, here are six things you should consider when deciding whether to accept a lump-sum payment or a structured settlement.

17 March 2015