We are often asked why the amount of money that has been paid off on the mortgage is higher than the amount that is still owed on the mortgage statement. Some people have also asked us if there is an overage or markup on our part. So, let’s just get that right out of the … Read more
Credit cards are everywhere, and now that technology lets you use them without even swiping the card, use and debt have both gone through the roof. Right now, the average American owes approximately $8,000 worth of credit card debt. Factor in the average credit card rate at just under 23%, a record high, and its … Read more
A home is a big investment, but if you have a salary in the six-figure range you’re already off a pretty good start. As long as you have manageable debt, it’s a decent bet that you can find something that meets your needs. Income is just one factor that plays into your budget, but it’s … Read more
While it’s not a bad idea to save as much as you can for a down payment, other goals and the urgency of the situation mean this isn’t feasible for many buyers. But if you get a normal loan, you can buy a house with as little as 3% down. You just have to pay … Read more
Buyers love FHA loans for their flexible guidelines and low down payment requirements. You can even use gift funds for 100% of your down payment in some cases. But sellers don’t love them as much. In fact, some sellers won’t accept an FHA offer. Many sellers look at FHA loans as ‘the last resort. ’ … Read more
Break down your annual income of $100,000 into its hourly, daily, bi-weekly, weekly, and monthly salary equivalents. Whether youre planning your finances or reverse-engineering your ideal salary by setting timed targets, our Salary Calculator has you covered. Salary CalculatorRate per period. Earning a $100,000 annual salary is a major milestone for many professionals. But when … Read more
Its not just potential lenders that can check you out. Insurers and employers also may access your report or score. Many, or all, of the products featured on this page are from our advertising partners who compensate us when you take certain actions on our website or click to take an action on their website. … Read more
Mortgage points are kind of like free throws in a basketball game. And points are how you win the game, so you want as many as you can get, right? Turns out, these points come at a cost. And it’s not always worth it. It can be hard to figure out if mortgage points are … Read more
Your score falls within the range of scores, from 580 to 669, considered Fair. A 637 FICO® Score is below the average credit score. Some lenders see consumers with scores in the Fair range as having unfavorable credit, and may decline their credit applications. Other lenders that focus on “subprime” loans are willing to work … Read more
Getting approved for an exclusive platinum credit card can seem intimidating. With luxury perks airport lounge access and high annual fees, these premium cards are on the wishlist of many. But do you actually qualify for one? I will tell you everything you need to know about getting a platinum credit card in this helpful … Read more
