If you’re looking for a new home, getting approved for a mortgage can be tough enough anyway. How about if you have lots of current debt, though? Perhaps you’ve asked yourself more than once, “Can I qualify for a mortgage with a [...]
VA Loans If you’re a military borrower, why not join the 22 million who have benefited from VA loans and move into the home of your dreams more easily than you might imagine. Take a look at this frank breakdown of the advantages and [...]
People who are self-employed are required to meet different requirements when compared to salaried people. The rules of how this works have been updated to reveal a closer look at business income. Briefly reviewed are the impact of the new rules on [...]
A home equity loan is a small sized loan that people can borrow on top of the mortgage loan they already have. A check is sent to you immediately of the total amount; this is on approval of your loan application. It is the type of loan that comes in [...]
A balloon mortgage is a short term loan, which unlike a regular mortgage, isn't paid off entirely in monthly payments. Instead, you are left with a portion of the principal amount, which then has to be paid off in a lump sum. This outstanding amount [...]