Why The Pandemic Might Be The Right Time To Buy Your First Home

The current pandemic has led to a recession in many parts of the world. This is not exactly a time when people are thinking of making a big purchase like a new house. And yet, that might be one of the reasons why you yourself might want to decide to become a first time home buyer. If you are still employed and making money, and you have a decent nest egg offering financial security, then now might be a great time to get into your first piece of real estate after all. [Read More]

Using a Personal Loan to Buy an RV

Camping is an activity that many people enjoy. While you can camp without having an RV, it is usually better to have one. Owning an RV provides a way to camp without sleeping in tents, and RVs also offer many additional benefits. If you want to purchase one, you can get an RV loan or personal loan. Both options can help you accomplish your goal, but here are three reasons you should consider buying an RV with funds from a personal loan. [Read More]

4 Things You Need To Know About Working With A Mortgage Broker

Buying a home can be a stressful decision. The most anxiety-inducing aspect for many people is the financing. Will they be approved for a home loan? Will they get a good interest rate? A good mortgage broker can help you sort it all out.  Working with a broker is different than working with a loan officer. While both people work to get you a mortgage on your new home, a mortgage broker and a loan officer at a bank are two very different people. [Read More]

3 Things Lenders Look For When Evaluating Mortgage Applications

A mortgage is a loan you can apply for when you want to buy a house. When applying, the lender will evaluate your application and finances to ensure that you meet the eligibility requirements. Therefore, it may help you to understand what lenders look for when they assess loan applications. While lenders look for many things, here are the top three things to know. Your Creditworthiness The term "creditworthiness" refers to how much a bank trusts you to repay the money if they give you a loan. [Read More]