Posted on: 1 August 2022
When a friend needs to be bailed out of jail, they may call on you to do so. Many of those stepping up to do the right thing for a friend may be unaware of how things work.
Know About Bail Bonds
A bail bond is a less-costly way to get out of jail than paying the full bail. A bail bonding agency will guarantee the full bail amount to the court in exchange for the payment of a bail premium.
[Read More]
Posted on: 21 June 2022
Are you looking to get a hard money loan for an investment property, but you are wondering what lenders look for in order to approve you for the money you need? It will help to know what is considered during the approval process.
The Equity In The Property
What makes a hard money lender different from a traditional bank is that they do not look at the typical factors that qualify you for a loan, such as your credit score, debt-to-income ratio, and your income.
[Read More]
Posted on: 24 May 2022
Car title loans can seem appealing when you're in a tough financial spot. You can borrow money quickly and easily and keep driving your car. However, you need to understand all the different aspects of car title loans before taking one out. This article discusses three things you should know before taking on a car title loan.
How Do Car Title Loans Work?
Car title loans are secured loans, which means they're backed by collateral.
[Read More]
Posted on: 15 April 2022
Jumbo loans can be a great option for people looking to purchase an investment property. However, there are some things you need to know before applying for one. This article discusses the basics of jumbo loans for investment properties.
What Is a Jumbo Loan?
A jumbo loan is a mortgage loan that is way above the conforming loan limit. This limit is a directive by the Federal Housing Finance Agency (FHFA). You can use jumbo loans to finance the purchase of luxury homes or high-priced properties that exceed the limit for conforming loans.
[Read More]