There are several key differences between traditional home loans and Section 184 loans. Understanding these differences is an important part of determining which type of loan is best suited to your financing needs when purchasing a home. Continue reading to learn more about a few of the key differences. Who Qualifies One of the most substantial differences between Section 184 loans and traditional home loans is who qualifies to receive funding under each financing option. [Read More]
Top 4 Reasons To Apply For A Home Equity Loan
Whatever your reason for borrowing money, you should be sure to consider your options and find the type of loan that's right for your financial situation. One option you should consider is a home equity loan. Your home is probably your biggest asset. You can put its value to work by taking a home equity loan with the house as collateral. It's a safe option for home equity lending institutions, so they can give you excellent rates because they know they'll still get their money back even if you're unable to make your payments. [Read More]
Fixer-Upper? 5 Reasons To Choose A Rehab Loan, Not A Mortgage
Do you need to complete major house renovations? No matter whether you plan to sell the home for a quick profit or you may live in it once it's been rehabbed, don't assume that a regular mortgage is the right call for financing. Why? Here are a few important things to know about dedicated construction rehab loans. 1. It Simplifies Things If you plan to finance your renovation through a traditional mortgage, you'll either need to borrow extra money or take on a second loan of some type. [Read More]
What Happens If You Have A Warrant For Your Arrest?
Courts handle legal matters, including criminal charges. They do this through court hearings. However, they expect the people to show up when the hearings take place. If a person does not show up, or if a person commits a crime, the court can issue a warrant. Do you understand what a warrant is and how it works? Do you think there is a warrant for your arrest? Here is some information to help you understand how warrants work. [Read More]