How Soon Can You Refinance Your Home After Buying?
Mortgage lenders have different guidelines when it comes to how soon after buying a home you can refinance the loan. Some lenders will give you a loan almost immediately while others may make you wait....
View ArticleHow Long Is the Average Car Loan?
If you're in the market for a new car, the length of the average auto loan may surprise you. Loans for many years were typically around five years, or 60 months. Buyers now seek varying loan lengths...
View ArticleHow to Keep My House From Being Sold by the Bank
Your mortgage lender probably doesn’t want to foreclose on your property any more than you want to face the dreadful prospect of foreclosure. The time to do something, though, is before things go too...
View ArticleHow to Remove a Co-Borrower on an FHA Streamline Refinance
The Federal Housing Administration insures loans made to borrowers with low to moderate income, limited assets and credit challenges. It repays lenders if borrowers default, making it possible for...
View ArticleAm I Supposed to Tip at a Mortgage Closing?
Taking out a mortgage loan is far from inexpensive. You'll spend thousands of dollars for the services of everyone from real estate attorneys and appraisers to title insurers and loan officers. There's...
View ArticleExamples of Tax-Exempt Securities
Investing in tax-exempt securities can provide you with a steady income stream without huge risk. Tax-exempt municipal bonds, municipal bond funds and U.S. Treasury bonds make scheduled interest...
View ArticleObtaining a Mortgage in Another State
Obtaining a mortgage in another state is not always easy. When buying a home long distance, you face several disadvantages, including not knowing the neighborhoods or state laws. Depending on the...
View ArticleHow to Refinance Multiple Rental Properties
After the mortgage crisis hit, as an investor it became very difficult to purchase and refinance multiple residential properties. To begin helping take excess housing stock off the market, Fannie Mae...
View ArticleCan You Refinance a House Before You Rent It?
You can become a landlord by renting out your home instead of selling it. Alternatively, you may rent it out solely because you haven't been able to sell it. In both cases, if you need to refinance to...
View ArticleHow Does Lowering the Prime Interest Rate Affect CD Rates?
When you are trying to make the best investment decisions, it always helps to understand what affects the value of those investments. Bank certificates of deposit are insured by the Federal Deposit...
View ArticleCan a House Be Refinanced While on the Market?
If you've put your house up for sale, you may want to refinance the property to reduce your monthly payments while you wait for a buyer. It's common to want to refinance a for-sale house during real...
View ArticleList of Closing Fees That Can Be Claimed on Taxes
When you buy a home, closing costs can take a bite out of your bank account. However, you can use some of these closing costs to get some money back when you file your income tax return, but only if...
View ArticleDifferences Between Note Payable & Term Loan
The siren song of entrepreneurship calls out to people following their dream of owning a business. But whether it's large or small, a start-up or long-established, a business in need of funds for...
View ArticleWhat Is Debt Extinguishment?
Debt extinguishment is the elimination of a debt by paying the full balance owed or by replacing it with another debt instrument. While this term is more commonly used in describing the process through...
View ArticleI Need a Car Title From a Lender While in Bankruptcy
Making payments to a court trustee during the bankruptcy process can create confusion for some people who don’t fit the typical mold of a bankruptcy candidate. Paying off a car or getting a title from...
View ArticleCharacteristics of Long Term Debt
Long-term debt has a number of characteristics that make it distinct from short-term debt financing. Some of these traits are advantageous for you as a borrower, while others pose potential challenges....
View ArticleHow do I Ask for a Lower Interest Rate?
A high interest rate on a credit card or a car loan can add substantially to your monthly payment and reducing that interest rate can save you hundreds or even thousands of dollars over the life of the...
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