You may have lots of decisions and options when getting a mortgage loan to buy a house. One of the primary ones is the type of interest rate you choose. The two options are a fixed rate and an adjustable-rate. But which is better? Many people prefer fixed-rate mortgages, but there are times when adjustable-rate mortgages (ARMs) are the better choice. Here are several things to know about ARMs that may help you decide if this is the right option for your situation.
10 July 2020
Have you separated from your spouse and are planning a divorce? Now is the time to start getting your finances in order not just to support yourself but also with a view to the divorce proceedings. How can you do this? Here are four key financial steps to take. 1. Open a Checking Account. Having your own bank account separate from your spouse should be one of the first moves you make once you begin planning a divorce.
16 June 2020
If you have a loved one who has been arrested for a crime, you will likely want to do everything you can to get him or her out of jail quickly. However, you might wonder what will happen if another family member has tried to bail your loved one out of jail. For example, you might have a son who has been arrested and his wife might bail him out of jail.
27 April 2020
Are you in a situation where you need money, but your bad credit is causing a problem with working with a traditional lender? If so, a vehicle title loan can be the answer to your problem for the following four reasons. Long Financing Terms If you have looked into a payday loan in the past, you are likely familiar with the terms of these types of loans. They are really short term, with most of them needing to be paid back within a month.
1 January 2020
If you are the plaintiff in a lawsuit and you are paying your lawyer on a contingency basis, then you may want to learn more about lawsuit funding for plaintiffs. This funding will help you to have money while you are recovering while you are going through your case. Some of the types of cases that this funding can be used during include vehicle accidents, many types of negligence cases, wrongful imprisonment, medical malpractice, and many other types of cases.
11 December 2019
The changing economy is creating hardships for the average American. Having a great career or steady employment opportunities is not always enough to keep bills paid on time. Unlike previous years, having a great education or specialized work experience does not guarantee long term success. Changing skill sets or career paths is often necessary to stay afloat financially. Facing money matters responsibly is not always easy, due to rising prices. Higher rates for medical care, prescription drugs, property taxes, groceries, daycare, utilities, and other necessities lead to juggling bills.
22 October 2019
Do you want to get a hard money loan to serve as a bridge loan on your next home or to buy an investment property? Hard money loans — private loans that use the asset as collateral and have much fewer rules to adhere to than federally-backed loans — are a popular and useful source of capital for unusual real estate purchases. However, as beneficial as a hard money loan in your time of need is, it requires some additional diligence on the part of the borrower.
30 September 2019