An adjustable-rate mortgage (ARM) – a mortgage loan on which the interest rate you pay varies – may be your ticket to buying a home. While the interest rate you pay may be lower in the beginning than the interest you would pay with a fixed-rate mortgage for the same amount, there are factors to consider when determining whether an ARM is the most practical home loan choice for you.
7 September 2016
Interested in opening an account with an online bank? Here are three things to consider when comparing your options: Money Transfer Fees An important aspect to consider when choosing between online banks is whether or not you'll be charged for transferring money to and from different accounts and, if so, how much the charge will be. Almost all online banks have different rates for transferring monies, so download them all and compare them side-by-side.
11 August 2016
If you are thinking about purchasing a piece of commercial property, you might want to consider using a commercial mortgage broker. These professionals offer valuable advice as well as many other benefits. Some benefits of using a commercial mortgage broker include these three. 1. Compare Rates There are many different lenders available to loan you money to cover the cost of your commercial property. Unfortunately, not all lenders are the same.
13 July 2016
If you are facing a short sale, you may feel like you will have a difficult time getting a mortgage in the future. Although it is not the easiest thing to do, you can get approved for a mortgage after selling a home in a short sale. There are a variety of things to be prepared for when you are ready to move forward, including the following: There is a Waiting Period
14 June 2016
One of the most time-consuming parts of buying a new home will be securing your financing. With several steps in the process, it's possible for something to go wrong during any of them, leading to your home loan being denied. While you have control over some factors, others may not be apparent until after the home-buying process has started. Be aware of these three issues so that you are not caught off guard by a sudden home-loan denial.
12 May 2016
Applying for a loan can be a stressful experience for anyone to go through. It is common for individuals to feel somewhat overwhelmed by the assortment of loan and financing options that may be available, which can make it easier for them to overlook some of their options. For those that own their homes, it may be possible to utilize a home equity loan, but if this is not a type of financing that you have much experience using, you may benefit from having the following couple of questions answered.
7 April 2016
Many homeowners make the decision at some point in time or another to refinance their home and see if they can get better terms. While they might think they have a solid understanding of the process, it can get quite confusing and overwhelming for many. There are a lot of specifics involved in the whole process. You want to make sure you are getting the best deal and not putting yourself into a worse financial situation than what you needed to.
18 February 2016
You may have silverware, but is it made from real silver? The following guide will show you why it may be a good idea to start collecting real silverware and a few tricks to test silver when you are out and about. Advantages Of Collecting Silverware The following are just some things to consider: Valuable The first reason you want to start collecting silverware is because it can be worth some cash if you fall on hard times.
9 January 2016
If you are in a bind and need some money before your next payday, then a payday loan is an excellent option. You might have heard that payday loans are dangerous or unwise decisions. Therefore, you might be a bit apprehensive about taking out such a loan. However, if you use payday loans with the proper amount of planning and care, then they can be a very effective tool. Here are some tips to make sure that you come out on top:
30 November 2015
If you are the owner of a small freight brokerage and have a hard time with cash flow because your clients aren't paying as soon as you like, factoring might be something that can help you. Factoring is a process in which you hand over your accounts receivable portfolio to a factoring company and they give you the money owed to you by clients right away. Then, as payments come in from your clients, those payments go to the factoring company.
16 October 2015