If you're interested in buying a manufactured home that you intend to relocate or that is already located on leased land rather than on land you own, chances are you'll have to finance the purchase of the home with a chattel mortgage loan—a loan only for the home. Lenders generally won't qualify you for a traditional mortgage loan if a manufactured home isn't permanently affixed to the land on which it is located.
18 November 2016
It's an unfortunate reality that people with poor credit typically pay more for financial products. This is particularly true when it comes to mortgages. If you're buying a home and your credit isn't great, here are two ways you can get a lower interest rate. Make a Bigger Down Payment One way to decrease your interest rate is to pay a bigger down payment. Putting more money towards the mortgage decreases your loan-to-value rate (LTV), which is the amount of the loan compared to the home's price or value.
11 October 2016
As of 2014, there were more than 1 million Americans over the age of 18 with a military service-related disability of 70 percent or more. For many of these military members, some modifications are needed to make their homes livable. Fortunately, there are some options available to make the necessary repairs. If you are a veteran with a disability, here are some of the things you can do to make your home accessible for your disability.
13 September 2016
Some of the ups and downs of small-business ownership can lead you to a financial spot where bankruptcy seems like the best or only option. But there may be a way to salvage your finances to keep the business afloat. Here are some things to try before declaring bankruptcy. Consider Drastic Interventions to Improve Cash Flow Sit down with your accountant and figure out the minimum amount of cash that you need to keep the business running.
28 July 2016
If you are someone who is constantly on-the-go, having certain services that you are able to use right on your cell phone and with the touch of a few buttons is definitely more convenient than having to plan a trip to any kind of institute in order to make any kind of changes that you need. This is why mobile banking is definitely beneficial for on-the-go type people. Here are five main reasons for this:
29 June 2016
If you are looking for a fast and easy way to borrow money, you might be thinking about taking out a payday loan. However, there is one option that you might like better -- taking out an installment loan. These are a few reasons why an installment loan can be a better choice, regardless of if you are using the loan to make a big purchase or if you are just looking to get your hands on some cash to pay bills.
27 May 2016
If you're in a tight spot because your credit score is low, building it up again may seem like a daunting dask. But even if you currently have loads of debt, you can use that fact to improve your score right where you are. Potential lenders aren't necessarily looking for freedom from debt; it's more how you handle it that counts to them. So use these three strategies to make your debts into a credit-score-building asset.
15 April 2016
If you are ready to make your dreams come true, you might be thinking about taking out a small business loan so that you can start up your own business. However, borrowing money for a business that has not been established yet—and therefore does not have an income yet—can be challenging. To take out a loan for a start-up, there is a chance that you will need these three things.
10 March 2016
One of your best and biggest investments is sure to be your home. The place you live each day should also be a space you enjoy and can afford, as well. One way to make your mortgage payment more affordable is by getting the lowest possible interest rate you can. By knowing tips to assist you in doing so, you may have greater success in achieving this financial goal. Tip #1: Have a good credit rating
1 January 2016
