When money is tight and you have bills to pay, what can you do to get some extra cash? You could do several things, but the easiest solution is to apply for a fast direct deposit loan. You might not know a lot about these loans, but learning about them offers a way to get the cash you need quickly. Here is an explanation of what these loans are and how you can qualify for one. [Read More]
Understanding The Funding Fee With VA Loans
Mortgage lenders understand the ins and outs of all the mortgage programs they offer, but you might have questions about specific ones. For example, are you thinking about using a VA loan to buy a house? If so, you might have questions about these loans, including questions about the funding fee. Here are several things to know that can help you understand how the funding fees work with VA loans. [Read More]
Should You Get A Fixed Rate Or Adjustable Rate Mortgage?
Are you buying a home and not sure if you should get a fixed-rate or adjustable-rate mortgage? It will help to know the following information about them to help you make a choice. Adjustable-Rate Mortgages As the name implies, an adjustable-rate mortgage will change the interest rate after a set period of time. You'll likely have a fixed rate for that first year, and there will be a cap when it comes to what percentage it can go up or down to at each adjustment period. [Read More]
3 Things To Know About Term Loans As A Small Business Owner
As a small business owner, sometimes you need money to grow your business, which is where a term loan comes into play. A term loan is a form of financing you can use for your business. #1: Lump Sum Loan A term loan is what most people refer to as a small business loan. With a term loan, you are borrowing a lump sum from a lender. Then, you are expected to pay that lump sum off through a series of regular payments, usually paid each month, over the loan's length. [Read More]