Posted on: 21 August 2020
If you are securing your first mortgage, you may feel somewhat confused and lost. There is a lot of lingo used by mortgage lenders and real estate professionals that can be confusing. As a result, you might be turning to your dictionary in the hope of learning more. These are some words commonly used in loan programs and by mortgage lenders. Knowing them will ease some of your concerns.
Annual Percentage Rate
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Posted on: 22 July 2020
Do you have payday loans that you cannot pay off, no matter how hard you try? Payday loans can be hard to pay off, and the amounts you owe can keep increasing instead of decreasing. If you want to get out of the payday loan trap, there is a way. The solution is payday loan debt consolidation. Here are some details to understand about these loans.
What Is It?
A payday loan debt consolidation is a unique type of loan, as it is only designed to help people pay off payday loans.
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Posted on: 10 June 2020
When people think about saving money, they tend to think about opening a savings account. Sure, if you are saving a lot of money long-term, such as for a down payment for a home, then opening a savings account is helpful. However, if your savings goals are smaller and more short-term, a checking account is a better option.
No Fees
There are plenty of financial institutions that offer free checking accounts, whereas the fee structure with savings accounts is often tricky.
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Posted on: 30 April 2020
Flipping a home can be an incredibly lucrative investment, but a lot of your profit will depend on how you get your funding to buy the home. That's why it helps to know how to properly fund your fix and flip home to maximize your profit. Here are some questions that you likely have about securing your funding.
Are There Special Lenders That Provide Rehab Loans?
Many people assume that you need to get a traditional mortgage lender in order to get the financing for a home, which is the process that they are likely familiar with from when they bought their first home.
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