2018

Five Things To Do Before Applying For A Mortgage

Applying for mortgage preapproval is one of the first big steps of buying a home. However, it should not be the first step. Before you march on down to your local bank and put in your mortgage application, here are five things you’ll want to take care of. 1. Get the lowdown on your loans. When deciding how much money you can afford to borrow, you and the bank will need to consider not only your income and monthly expenses but also how much money you already owe to various lenders.


Should You Post Bail For A Friend?

It’s the middle of the night. Your phone rings, and it’s a friend on the line. They’re asking you to post bail for them so they can leave jail until their hearing date. What should you say? While some people would tell you that posting bail for a friend is always the right thing to do, this is not necessarily the case. You don’t want to post bail only to have your friend flee before court—because then you won’t get your bail money back.


3 Mortgage Tips For First-Time Home Buyers With Bad Credit

Thinking of buying your first home? Worried that past credit mistakes will prove to be a big problem? You’re not alone. It’s not hard to get in credit trouble. If you suffer a financial crisis like unemployment or a costly health problem, you could fall behind on payments. Those issues could hurt your credit score and haunt you for years, especially when it comes to major purchases like a new home.


Why Use A Bail Bond To Give Someone Early Release From Jail

If someone you know has ended up in jail, you may have received a phone call asking to help them get out by posting bail. The dilemma of figuring out what to do can be pretty tough, which is why it helps to know some reasons to use a bail bond to assist your friend or family member in this tough time. Posting Bail Means They’ll Spend Fewer Days In Jail


Tips For Buying A Home With Bad Credit

Just because you have experienced financial problems in the past does not mean that you should allow them to continue to haunt you to the point that you do not buy a house for yourself. However, if you are still dealing with the bad credit score from those past financial errors, you might be worried that you will not be able to find a lender to approve a loan for you.


Securing A Mortgage With Good Or Bad Credit

The kind of mortgage you get will be very different depending on how your credit is. Thankfully, there are plenty of options for those that have both bad and good credit. Here is what you need to know about securing your mortgage in either financial situation. Good Credit Options Be aware that your options for a mortgage with good credit are nearly limitless. If your credit score is above 620, you can get fixed and variable rate mortgages that range in various lengths between 10 and 30 years.


Three Benefits Of Taking Out A Personal Loan Rather Than A Payday Loan

If you are in need of some cash for a personal purchase, you may be considering taking out a payday loan. This type of loan is quick to obtain, and you don’t generally need good credit – or even proof of your credit history – to be approved for one. While a payday loan can be convenient, however, it is not usually the best option when you need money. Another type of loan, called a personal loan, is often a better choice.