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
If you are in the middle of a lengthy personal injury claim that will eventually mean you will get a large cash settlement, it can mean you will be facing a lot of financial struggles until that day actually happens. Luckily, there are financial corporations and lenders who now offer what is known in the industry a case cash funding. these loans are given to individuals who are in the middle of a legal claim that will likely end in a sum of money in the end.
9 March 2017
When you're considering a home loan, the mortgage rate you will be offered is based on a number of variables. Some of these correspond directly with the criteria in which the lending institutions used to approve you for a loan in the first place. However, after you are approved for a loan, there are factors that will dictate the interest rate you will be offered. Saving a quarter percentage point on a $100,000 mortgage can reduce your monthly payment by nearly $20 per month.
3 March 2017