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Understanding Financing Terms

Have you ever borrowed money? About a year ago, I realized that there were some issues with my financial plan, so I started looking into different things that I could do to make things right. I realized that there were a few lenders in my area that were specializing in different kinds of loans, so I started talking with them about different ways to get out of debt. Before I knew it, they were walking me through a few different options, and it was really helpful. I wanted to create a site all about understanding financing terms and borrowing money, so check it out.

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Want To Invest In Real Estate? 3 Things To Know

Posted on January 28, 2022

Some people look for ways to make more money, and one option they might consider is real estate investing. Real estate is a great way to make money, but you might want to know a few things before jumping into this activity. If this interests you, here are three things you might want to know about it before you start investing. 1. Consider the Ways You Make Money with Real Estate [Read More]

3 Ways Mortgage Lenders Analyze Loan Applications

Posted on December 29, 2021

When you need a mortgage loan, you might go to a broker for help. A mortgage broker finds loans for people and works with many lenders to match them up. The broker can answer any questions you might have, including questions about how lenders analyze loan applications. If you wonder how this works, you might want to learn the following three things that lenders analyze when they receive mortgage loan applications. [Read More]

Recently Applied for a Mortgage? Don’t Do These Three Things

Posted on November 22, 2021

Have you finally found a home, had an offer accepted, and applied for your mortgage? If so, you don't want to do anything that could cause your mortgage to fall through and prevent you from buying the home. Make sure that you don't do any of these 3 things so that the mortgage approval goes smoothly.  Don't Make Big Purchases It's very important that you do not make any changes to your spending behavior while the mortgage approval process is happening. [Read More]

What Factors Determine If You Qualify For A Mortgage Loan?

Posted on October 14, 2021

After years of renting an apartment, you have decided to take a leap, apply for a mortgage loan to own your home. Unfortunately, not everyone who applies for mortgage loans qualifies. So, what factors determine if you qualify? Consistent Income Any mortgage lender starts by considering your household income. While there is no set minimum amount of income you should have, your lender considers your income to make sure that you earn enough to offset your premiums alongside other bills. [Read More]