Mortgage lenders usually verify your employment by contacting your employer directly and reviewing recent income documentation. The borrower must sign a form authorizing an employer to release employment and income information to a prospective lender. At that point, the lender typically calls the employer to obtain the necessary information. Most employers will be happy to … Read more
Have you ever tried to pay a bill with a credit card but were turned down? You may have almost reached your credit limit. This shows how much a credit card company might lend you, based on things like your income and credit history. Applying for an increased credit limit could be a good option … Read more
In the past few years, rumors have spread that new stimulus programs will give money directly to homeowners. Since many people are still recovering from the economic effects of the COVID-19 pandemic, it’s easy to see why people are interested in these claims. But are they based on fact or fiction? Let’s find out what’s … Read more
Credit cards and cash are both useful ways to pay, but each has its own pros and cons. Credit or cash? It depends on your budget, how you usually spend your money, and your personal tastes. Find out what makes credit and cash different in this article. This will help you choose which is more … Read more
Over the past ten years, Chrysler Capital has become a big name in auto financing, but many people still don’t know who it is. In this in-depth guide, we’ll look at Chrysler Capital’s history, ownership, services, and role in auto financing to help you learn more about this well-known lender. A Brief Background Chrysler Capital … Read more
From start to finish, the home buying journey takes time. How long it takes to close on a house – the final step in the journey – will depend on several factors, from your lender to the strength of your finances and credit history. Home buyers should know what to expect from the closing timeline … Read more
There are many good reasons to pay off a car loan early, such as the satisfaction of owning your car outright and the removal of high interest rates. But not all drivers should do it, so you should think about the pros and cons before you pay off your car loan. If you’re being charged … Read more
Lowe’s, one of the leading home improvement retailers in the United States, recognizes the value of providing customers with accessible financing options to boost purchases and build loyalty. Lowe’s credit cards are a smart and easy way to buy things. They let customers pay for a wide range of home improvement, maintenance, and decor items … Read more
People who are selling a house can choose to accept offers from buyers who use different kinds of mortgage loans. Many sellers would rather have bids with conventional loans than government-backed loans like FHA or VA loans. There are a few main reasons a seller might prefer conventional loans when looking at offers on their … Read more
Find out what kinds of help you can get and how your credit score might affect the FHA low down payment requirement. FHA loans are one of Americas most popular mortgage loan options — and for good reason. They have low credit score requirements, affordable mortgage rates, and a down payment minimum requirement of 3. … Read more