Are you a first time home buyer? If yes, there's a good chance you're going to have to use a first time home buyer loan program to finance the purchase of your first house, condo, or town home. Then, you'll have to pay back all that borrowed money over a 10 to 30 year period. Unless you've set aside quite a bit of money to buy it for cash. Below, I have researched and … [Read more...] about First Time Home Buyer Loans: Everything You Need To Know
Merchant Cash Advances (MCA) vs. A Normal Business Loan from a bank, which is better for you? That's a question many business owners have when they begin reviewing (and researching) various funding options. Typically, Merchant Cash Advances (MCAs) will cost you much more in interest charges than a traditional business loan from a bank. So it's important to educate yourself … [Read more...] about Merchant Cash Advance Vs. A Business Loan From The Bank [Which Is Better?]
Since I recently wrote an article covering the disadvantages of a Merchant Cash Advance, I feel it’s only fair to play devil’s advocate and list the benefits to an MCA. And... when an MCA might be the right option for you, especially if you’ve exhausted all other options and are at a point of no return. Some of the advantages worthy of being noted regarding an MCA … [Read more...] about The Advantages Of Having An MCA [If It’s Your Only Choice]
You know that the best way to do things is rarely the easy way. An MCA (Merchant Cash Advance) Business Loan may seem shiny on the outside, but before you sign the dotted line against your future credit, read this article to decide if it’s a necessary plan of action or if it will cost you a lot of your profits in the long run. If you’re a business considering an MCA loan, … [Read more...] about Why MCA Loans Are Bad For Your Business [There’s A Better Option]
At some point or another, your small business might need some extra money. Whether there was a sudden, unexpected expense or you simply want to try to expand, you’re going to need fast business funding. But with so many loan companies making it a challenge to help with quick business loan types, there may be a sense of discouragement. You need a loan that can help, and … [Read more...] about Quick Business Loan Options with Fast Approvals
Sometimes, it can be difficult to obtain financing with a poor credit history. While owning your own business comes with its fair share of challenges, obtaining a business loan with bad personal credit can be a real challenging task. Most places and direct lenders will want you to be in business for more than a year and have excellent gross annual receipts. The same is true … [Read more...] about The Best Business Loan Options For Bad Credit
Let's review the most common items that an underwriter might want to verify (at the last minute) during the process of closing on your new mortgage. As of this writing, I've signed for a new mortgage loan (or home equity line of credit) at least 25 different times in the last 20 years. Each time was for either a real estate purchase or refinance and the underwriting process has … [Read more...] about 10 Things An Underwriter Might Ask You To Verify [before you sign]
Should you use a debit card or credit card on most of your transactions? It's a question that you've needed to answer ever since cards replaced cash as the most common way to transact in the retail sphere. When debit cards first came out it was confusing for cashiers and consumers, and many people thought they were the same thing! The similarities of debit and credit cards … [Read more...] about Credit Vs. Debit Card: What Advantages Make Credit Cards Better?