If you recently got married and want to buy a house with your new spouse, you may wonder how to go about doing this if he or she has bad credit. Bad credit can affect your eligibility for a mortgage, and it can affect other things too. Here are several things to understand if you are in this situation. Buying a House Jointly Is Not Required The first thing to understand is that you can purchase a house on your own, even if you are married.
29 June 2017
Getting approved for a home loan can be stressful and there are many different variables that are going to go into whether you are approved. One of the biggest factors that a bank looks at is your credit score. There is a lot about credit scores that is misunderstood. In fact, there are a lot of different things that you will hear about credit that may just be fabricated. Since your credit is going to be a vital part of becoming qualified for a home loan, this article is going to discuss some of the most important aspects of your credit score.
30 May 2017
Without capital, a business isn't really a business, but instead, a train headed for imminent destruction. Are you forcing your capital meter in the right direction? More than market trends and consumer patterns, your own efforts as a business owner can have the greatest impact on your ability to build wealth. Know what mistakes to avoid. Investing Too Much Into A 401K The idea that you can invest too much into a 401K probably sounds like nonsense.
23 May 2017
One of the key factors lenders evaluate with loan applications is employment of the applicant. The job the applicant has tells the lender a lot about the person's ability to repay the loan. If you are planning on buying a house soon and want to switch jobs, there are several things you should understand about this so you can avoid losing your ability to get a mortgage loan in the near future.
16 May 2017
Trying to get approved for a car loan when you have poor credit due to past mistakes or a bankruptcy can often be a pain. However, there are quite a few options available to you that can help you increase your chances of getting approved for a car loan, despite the fact that you may not have the best credit. Listed below are three ways to improve your chances of getting approved for a car loan with bad credit.
29 April 2017
Most mortgages are written with a term of either 15 or 30 years. However, there are some homeowners who elect to pay off their mortgages early by making extra payments. While there are benefits to paying your mortgage down early and owning your home outright, it is not the right move for everyone. Here's a look at the pros and cons of this financial move. Pro: You'll have fewer bills to worry about.
24 April 2017
Many people believe they are locked into their auto loans once they get them, but this is not true at all. Like a home loan, you can refinance your vehicle note to get better terms. The question is, though, should you go through the trouble of doing it? Here are two reasons why refinancing your auto loan may be a good idea. You May Qualify for a Better Interest Rate
13 April 2017
A potential home buyer must go through a variety of steps before completing the sale on a real estate property. You must get preapproved for mortgage loans, find a real estate agent and go look at houses. After finding a house, you have to submit an offer on a property. Read on to find out what you should know about the offer process when buying a home. How Long Has The House Been On The Market?
3 April 2017
Jewelry loans are a great option for many people. If you are in need of quick cash, getting a jewelry loan is a lot safer than other types of loans, like a payday loan. Here are some reasons why a jewelry loan is such a better idea. 1. You Can Get A Higher Loan First of all, you can generally get a higher amount in money with a jewelry loan than with something like a payday loan, since the lender will give you the loan based on the value of the jewelry.
22 March 2017
If you had bad credit when you obtained your mortgage loan, it might be worthwhile to look into getting a better mortgage if you feel your credit score is much better today. The mortgages that lenders offer is vastly based on a person's credit. In other words, having great credit will typically yield a much lower interest rate on a loan than having bad credit. If your credit was less than stellar when you took your initial loan, here are a few things to think about.
13 March 2017