What You Need To Know About Portfolio Loans

Since the housing crash of 2007, many people wonder what they can do to get a home loan. The restrictions have become very strict so that there are many individuals who are unable to qualify for a home loan even though they can afford it. A great option is a portfolio loan. This is a specific kind of loan that is an option with some banks or credit unions. Here are some things you need to know about portfolio loans.

The Pros And Cons Of Using A Cosigner For Your First Home Loan

Many first time homebuyers consider using a cosigner to help them get into a house. Cosigning might be the best option for you, but there are some things that you need to know about cosigning. Here are some advantages and disadvantages of using a cosigner. Advantages Of A Cosigner Can Help With Credit One of the biggest reasons someone uses a cosigner for first time home loans is that they don't have good enough credit to qualify for the loan on their own.