If you’re self-employed or have a hard time proving your income for some other reason, a stated income loan or a stated income home equity loan probably sounds ideal. After all, you don’t have to bother with digging up lots of paperwork to get the money you need. Finding and providing paperwork is a time-consuming process for the average person, so it’s easy to imagine how the task could be nightmarish for someone who doesn’t have a traditional day job. If you need money urgently, you might not also not …
Read This Article →Your reasons for wanting to understand how to get a loan to buy property could be anything from ultimately wanting to build a house to eventually opening a business on the property you purchase. Some people have a desire to own property just because it can be a good investment. Regardless of your reasons for purchasing property, there are a few things you should do before you get out and start looking for the perfect property to buy.
Know Your Credit Score
Your credit score is going to be the …
Read This Article →A home equity line of credit is a great way to get your hands on some cash if you happen to be a homeowner. However, it can also be a good way to lose your home if you abuse the line of credit you are given because your home is technically the collateral. People often take out home equity lines of credit when they need more cash than what they might be able to secure through a low cost personal loan. Before you get excited thinking that you can …
Read This Article →If your loan or credit payments are out of control, and you’re feeling a burden of too many loans all at once, then loan consolidation may be for you. Loan consolidation, also known as debt consolidation, is when you take out one loan to pay off your others.
Benefits of Loan Consolidation
1. Less payments – if you are making lots of payments, consolidation will ensure that you’re only making one payment each month. Even if this payment is high, you’ll still avoid the hassle of managing several different loans …
Read This Article →Before you pick out a house to buy, you might want to consider prequalifying for a mortgage. Many people do not bother with this process, but there are a lot of good reasons to do it.
What is “prequalifying”?
If you decide to buy a house, you might first go around looking at houses you like. After you’ve picked one out, you may visit a mortgage company to see if you can get a loan. When you get prequalified for a mortgage, you would instead contact the mortgage company first …
Read This Article →About The Editor
Maria Schubert is the editor of Instant-Loans.org. Originally from San Diego, Maria graduated from USC with a Bachelor's in Accounting, Certificate in Banking, and Certificate in Entreprenurship. Before joining our website, Maria spent time as a lender at a prominent Florida bank.In addition to working with our staff and contributing to Instant-Loans.org, Maria enjoys golfing, asian cuisine, thrifty shopping, the beach, and a great novel.