Home buyers have several financing options to choose from, and two of the most common are conventional loans and FHA…
The annual percentage rate (APR) is a term you’re likely to encounter while reviewing your mortgage options. Thankfully, it’s not…
Personal loans are among the most common financing options for borrowers. They are highly flexible, relatively easy to obtain, and…
What Is a Debt-to-Income Ratio?
Auto Loans • Published 05/11/2022
If you are thinking about applying for a loan, you may have encountered the term debt-to-income (DTI) ratio while researching…
Although interest rates have been very low for a while, they are now rising. To cool the high level of…
HELOC vs. Home Equity Loan When Interest Rates Rise
Home Equity • Published 04/21/2022
Many people use their home’s equity via a home equity loan or HELOC. They may use the money they borrow…
How Do Home Equity Loans Work?
Home Equity • Published 04/14/2022
A common way that many homeowners borrow money is with a home equity loan. The money you borrow can be…
Closing costs are important fees that you should know about if you are considering applying for a mortgage. These fees…
Guide to Home Equity Lines of Credit (HELOCs)
Home Equity • Published 04/05/2022
If you’ve built up some equity in your home, you might be thinking about tapping into the cash to fund…