Tag: Loans

Posted on 09/12/2022
A First-Time Homebuyer's Guide to VA Loans
If you've served in the U.S. military, a VA loan might be an excellent way to finance your first home. If you're interested in using this benefit, it's important to know the steps involved. Here is a basic guide to buying your first home with a VA loan: Get Your Certificate of Eligibility A certificate of eligibility from...
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Posted on 11/01/2021
House-Flipping: Can You Get a Loan?
Image by Kevin Schneider from Pixabay Some people just have an entrepreneurial spirit and a willingness to roll up their sleeves and get things done. But more than a few people feel restrained from maximizing their business potential because they don’t seem to have enough cash on hand. The good news is that you don’t necessarily need deep...
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Posted on 07/05/2021
Types of "Subject-to" Real Estate
Image by Nattanan Kanchanaprat from Pixabay If you're looking for "subject-to" real estate, you know it can be a good investment. This kind of real estate is purchased "subject-to" the existing mortgage. So the buyer owns the property, but the mortgage stays in the seller's name. Payments are made by the buyer, but it's not necessary for that...
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Posted on 08/05/2019
What You Need to Know About a Reverse Mortgage
Many times, advertisements create a false impression about reverse mortgages. Marketing depicts them as a simple, cheap way by which older homeowners can finance their retirement. It is critical to understand how reverse mortgages work because failure to do so might harm your financial future. Studies show that many homeowners do not have a proper understanding of reverse...
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Posted on 06/17/2019
Reasons Your Mortgage Application Could Get Rejected
A wise man once said to hope for the best, but plan for the worst. When you’re contemplating buying a house, even before beginning the actual application itself, it’s helpful to consider what could possibly lead to its rejection. This is especially important if you’ll be applying for your home loan at a traditional bank. These are particularly...
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