What Is A Payday Loan?

For many people, having a rough month just happens every once in a while. People may fall behind at times, especially as they try to navigate the challenges of a new job, for example. If you are looking for a quick solution to financial woes, you might look into payday loans. If payday loans are an option for you, here's what you need to know. Why Do People Use Payday Loans? Read More 

3 Excellent Reasons to Refinance Your Home Loan

When you get a home loan, you are free to pay it off at any time. However, you might want to make sure your loan does not have a prepayment penalty before you pay it off. If it does, you can still pay it off, but you will pay an extra fee. Most people do not pay off their loans early, but many refinance their loans. Refinancing a loan pays the loan off, but it also creates a new one. Read More 

Flipping A Home? Know How To Secure Funding

If you are going to purchase an investment properly to fix and flip, you are going to need to secure funding to do so. Not only do you need to buy the home, but you need money for renovation costs. Here are a few ways you can get the money you need.  Hard Money Loans A hard money loan is a specialized loan just for flipping houses. It is a short term loan that is asset based, so the lender is concerned more about the property you are purchasing rather than a credit score. Read More 

3 Things To Know About Working With A Mortgage Broker

Finding the right mortgage for your new home is vital. Your home loan is something that you will be paying for years, if not decades. Taking the time to get the most favorable terms possible will pay off. Various options may work for you when it comes to mortgages. Knowing what home loan is the best for your needs can be a challenge. This is where a mortgage broker can help. Read More 

How Does the Mortgage Application Process Work With a Bank?

It might take years for you to save up enough money to use as a down payment on a house. When you have enough, you can start looking for a bank that will offer you a mortgage loan. Applying for a mortgage loan tends to intimidate some people. While the application process takes time, it is not difficult. Instead, it is straightforward and might include the following steps. Talk to the Lender Read More