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  • The First-Time Home Buyer Checklist

    by on Mar 30, 2021, 05:05 AM

    Owning a home is still an integral part of the American Dream, and almost two million Americans each year make homeownership a reality for the first time. Yes, it’s a complex process that can take months to complete, but the good news is that 18% of first-time buyers in 2020 reported a smooth, positive experience…. View Article

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  • Mortgage Broker Vs. Lender: What’s the Difference?

    by on Mar 29, 2021, 04:58 PM

    You might consult either a mortgage broker or a lender In the process of buying a home. These terms are used interchangeably, but it’s essential to recognize some key differences. Knowing these differences can help you make the right choice for you when looking for a lender to provide a loan to purchase a property. … View Article

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  • Should I Buy or Sell a Home Right Now?

    by on Feb 24, 2021, 11:32 AM

    Over the course of a typical 15- to 30-year mortgage, economic conditions will fluctuate between boom and bust. But the coronavirus pandemic has laid down a fresh and unusual challenge for investors. The pandemic has fundamentally changed where people work, where they want to live and how they see their financial goals. It has also… View Article

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  • Why Read Your 3-Bureau Credit Report?

    by on Jan 28, 2021, 12:29 PM

    When applying for loans or new lines of credit, lenders rely on your credit score in order to measure your credit risk and likelihood to repay the loan. However, that credit score, in the range from 300 to 850, is based on data residing in credit reports held by the three major credit reporting agencies… View Article

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  • How Refinancing Works: At What Point Does It Make Sense to Refinance?

    by on Jan 05, 2021, 12:05 PM

    Interest rates are low at the moment, and that means you’re probably giving mortgage refinancing serious thought. Before you refinance a loan, however, it is important to know both the benefits and drawbacks of refinancing and how the process works. You must also ask yourself, “When does it make sense to refinance?” How Does Refinancing… View Article

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  • How Hard Is It To Get a Business Loan With Bad Credit?

    by on Dec 22, 2020, 08:21 AM

    Whether your dream is to build an artisanal bakery or to launch the next big social media network, you’ll probably consider financing at some point. The odds can be overwhelming, but according to the Federal Reserve, more than half of all small business owners who apply for loans fail to meet their borrowing goals. Many… View Article

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  • Can You Buy a Home With Bad Credit?

    by on Nov 23, 2020, 01:11 PM

    You’re in the market for a new home, but unfortunately, your credit score just isn’t the best. Buying a home with bad credit is still a possibility, but it will take some extra effort and risk on your part. There are options for homeownership for those with bad credit, especially via government home loan programs…. View Article

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  • First Time Taking Out a Business Loan? Avoid These Common Missteps

    by on Nov 16, 2020, 12:59 AM

    For many people, owning a small business is a dream come true; the culmination of years of hard work and passion. This year has been tough for many of the country’s 30.7 million existing small businesses, and many owners are turning to loans as they adapt to the changing climate. But if you’re just starting… View Article

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  • What To Know About How Each Credit Bureau Works

    by on Nov 09, 2020, 01:01 PM

    As consumers become interested in applying for credit, they also become increasingly curious about what goes into a credit report and how a credit score is calculated. However, discrepancies do exist. Each of the three major credit agencies — Equifax, Experian and TransUnion — receive different information from creditors, and in turn, calculates credit scores… View Article

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  • Why Are Credit Scores Different?

    by on Nov 02, 2020, 12:48 PM

    No doubt, you are aware of the importance of a credit score. Aside from serving as the fundamental criteria when applying for new lines of credit, a credit score may also be important when an employee begins a new job, when a renter wishes to move into an apartment, and when an individual seeks membership… View Article

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