“Personal loan news, interest rate updates, approval tips, and expert lending advice for smart borrowing decisions.”
It is well known that Owner Financing tends to sell properties faster, especially in cases where the properties or the potential buyer do not conform to conventional lending/mortgage requirements. Seller offers to hold the mortgage note (owner-financed mortgage) and receive monthly payments from Buyer in the form of a bank. The problem with this approach … Read more
Many small business owners struggle with obtaining business finance, and there is nothing unusual in that. Getting business loans for small businesses, such as retailers, restaurants, garages, etc., from a bank is not as easy as it sounds. However, this is not to say that obtaining a business loan is not possible. It all depends … Read more
Before the advent of the Internet and the widespread dissemination of information, landlords and property managers were at a distinct disadvantage when it came to screening potential tenants. Credit scores and cursory background checks of a large number of tenants were heavily relied upon to provide enough information to make an informed decision about whether … Read more
How bad does foreclosure hurt a credit rating? This is a common question nowadays. A foreclosure can drastically affect your credit rating and should only be considered as a last resort. It is rumored that foreclosure can affect your credit score by between 200 to 300 points. This means if you have an excellent score … Read more
credit score. This could be one of those touchy subjects, depending on how you look at it. It can take years to build your score and only months to destroy it. We are all victims of credit crashes; From missing a payment to using up your entire credit. Sometimes, a bad score can be the … Read more
Book Review: Your Successful Career as a Mortgage Broker by David Reed, Amacom: American Management Association, 1601 Broadway, New York, NY 10019, ISBN 0814473709, 978-0814473702, $18.95, 240 pages, 2007 David Reed’s latest hostage title; Your successful career as a mortgage broker complements a successful ongoing mortgage banking career and his previous three mortgage-related books. Based … Read more
These have been specially designed so that you do not miss out on such a chance to make your dreams come true without paying a penny. However, availing a home loan can seem like a complicated process. There are several factors related to home loans that you need to know before availing the loan. The … Read more
on campus living The college experience varies from university to university. However, most students I know really enjoy living on campus (for various reasons their parents may not like to hear). Unfortunately, living on campus is expensive! Dormitories (or residence halls), can be quite expensive and in most cases cost as much, if not more, … Read more
Do you owe more than your home is worth? Has your rate adjusted so high that you can’t make your monthly payment? Have you received calls or mails offering loan modification services? This article explains who qualifies for a loan modification. It describes what can be negotiated with the lender and gives advice on how … Read more
If you’re starting a crowdfunding campaign, you may wonder how quickly you can raise money. In this article, we are going to talk about some crowdfunding tips that can help you raise more funds for your startup. Depending on the platform and campaign type, you can tweak and adjust these recommendations. Read on to find … Read more