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Looking To Buy Your First Home? Why You Should Start With A Fixed Rate Mortgage

If you're going to be buying your first home, it's time to start thinking about your home loan; or specifically the type of loan you're going to get. There are two different types of loans to consider; fixed rate and adjustable rate. If you're given the option, you need to choose a home fixed rate mortgage. Here are just four of the reasons why that decision will be the best one you can make when purchasing your first home.

Three Credit Report Tasks You Need To Know Before Applying For A Mortgage

It's no secret that a good credit score can make it easier to get a mortgage at a competitive rate. The following tasks can help you polish your score before you contact a broker to begin the mortgage process. #1: Get a copy of your credit report There are three major credit bureaus that mortgage lenders typically check — Experian, Transunion, and Equifax. You can request one free report from each of these bureaus annually.

How To Get A Mortgage Loan If A Bank Turned You Down

When you go to a bank for a mortgage loan, they will evaluate your situation and determine if they can offer you a loan. If they turn you down, it is because you do not meet the criteria they have in place for a loan, but this does not mean you cannot get a loan. There are other options, such as visiting a mortgage broker for a loan. What Is a Mortgage Broker?

The Challenges Of Security A Mortgage After A Bankruptcy

You may have filed for bankruptcy in the past to get out of debt, but there could be a day where you are ready to purchase a house. When the day comes, you'll need to know how that bankruptcy affected your finances, especially when it comes to securing a mortgage. Know the following things before you proceed with getting your financing. It Can Take A While To Quality There are a few rules regarding your bankruptcy that will impact how long you must wait before you are able to get a mortgage of any kind.

3 Tips To Help You Successfully Apply For A Title Loan

Sometimes you need additional money to cover living expenses between paychecks. A traditional loan often has stringent qualification requirements and the loan application can take time to process. If you need cash now, then a title loan might be a better option. With a title loan, you use your car as collateral to secure the loan. There are no credit checks, so more people can qualify for a title loan. Use these tips to help you successfully apply for a title loan when you need extra cash in the future.

3 Things To Know About Using A Personal Loan To Rebuild Your Credit

If your credit is not currently as good as you would like, you might be interested in finding ways to improve it. There are many different options you could choose from to achieve a better credit score, but one good choice is taking a personal loan. A personal loan is a type of loan you can use for many reasons, and here are several things to understand about getting a personal loan and using it to help rebuild your credit.

3 Things You Can Do to Help Improve Your Chances of Getting a Home Loan

There are many people who are thinking about buying a house, but because they are first time homebuyers, they are not really sure what to expect. Here are some steps you should take when getting already to buy a house. 1. Get Your Credit Score in Order If there is anything that takes time it is your credit score. You cannot repair your credit score overnight, which is why you should start thinking about the credit score now.

Auto Loan Tips For Subprime Borrowers

Few people have the financial resources available to pay cash for a new vehicle, so having access to an auto loan can be beneficial. Unfortunately, obtaining an auto loan can be challenging if you are considered a subprime borrower (meaning you have a poor credit rating). Here are three tips that you can use to help you successfully shop for an auto loan if your credit is less than perfect.

Answers To Common Concerns About Title Loans

It is a reality that you may one day encounter short-term financial difficulties. Unfortunately, there are many individuals that may not be informed about the options when it comes to raising the money to address these temporary situations. In particular, title loans can be highly effective for helping you to quickly raise money. If this applies to you, it may be beneficial for you to learn the answers to a few common concerns that people may have when it comes to title loans.

3 Things To Consider When Getting A Mortgage While Pregnant

Getting approved to purchase a new home can be a balancing act for many families. Lenders often look at your overall income compared to your current debt and family size to ensure that you will be able to make your monthly payments and not default on your loan. If you are pregnant, you are in a position where your financial situation may change rapidly after the birth of your baby. However, should you reveal your pregnancy to your mortgage broker?