After 10 years of marriage, I’m still enjoying living in the first home I moved into with my husband. Buying a first home can be one of the most exciting events in a person’s life. Before making this important expenditure, people need to first sit down and determine how they will successfully finance it. After all, a home will likely be the most expensive purchase you make in your life. Talk to a loan officer and determine how much money you can reasonably borrow. Then, decide how much money you want to use as a down payment. You also must decide how many years you will finance your home for. On this blog, you will learn about the process of buying a first home with a loan.
22 July 2015
When you retire and can begin receiving your pension, you have a choice between a lump sum payment or a lifetime annuity. In the first instance, you get all of your money at one time, and in the second instance, you get a fixed check for the rest of your life. While the dependability of a steady income might sound like a good option, there are instances where taking the lump sum payout might be the better option.
21 May 2015
Payday loans are among the easiest types of loans to acquire; however, many states prohibit people from having more than one payday loan at a time. If you have one right now that you cannot repay and have other bills you need to pay, you may be considering trying to get a second payday loan. Getting a second loan might not be an option in your state, but there could be other avenues for you to explore.
5 March 2015
If you're in the market for a new home, you've probably seen the myriad of different financing available. Conventional loans are rather common, but there are some benefits to getting an FHA loan, which is a form of financing offered by the US government (Federal Housing Association). These loans provide home buyers with the option to get a mortgage with less money down and a lower interest rate. Before you opt for this type of loan, get the facts you'll need to make an informed decision.
23 February 2015
A payday advance is offered by many companies, both local and online. You leave a blank check with the company, and in return they offer you a certain amount of cash. It is a great way to get emergency cash when getting a loan is not an option. Payday advances are generally used when something has come up and you are in between paychecks. You don't need to worry about your credit rating, but you need to have a bank account and pay stubs to prove your income.