Taking out a mortgage loan often involves deciphering a lot of financial jargon that you have never had to understand before. Interest rate and annual percentage rate (APR) are two of the most confusing terms for a lot of people, because they seem to be talking about the same thing. While the interest rate and […]
How Do Debt Consolidation Loans Work
Debt consolidation loans take multiple debts and combine them into one (with a single, easy to manage, and budget-friendly interest rate). There are many advantages to this, and for many people, it can be a life-save that helps them manage their finances and get out of or recover from debt. In this post, find out […]
What is a Bridge Mortgage Loan?
When a couple or family is seeking to move to a new home, they may consider financing options that allow them to create a time gap between the sale of their old home and the purchase of their new one. A “bridge loan” mortgage is designed precisely for cases like this. Like any type of […]
What Is A Secured Home Loan?
Buying your first home can be incredibly exciting, but that excitement does not come without a fair amount of financial stress, as the majority of people will need a loan when buying a home. It can be tough to know every type of loan available to you, and what sets one loan apart from another. […]
How Bridge Loans Work to Finance Housing Transitions
It can be difficult to buy a new home when you already own one and are still carrying a mortgage. You will not be able to qualify for a new loan until you have successfully sold your current home. However, you likely do not want to sell your home and move into a living situation […]
