Buying a fixer-upper sounds exciting. But the cost of repairs can make it stressful. That’s where the FHA 203k loan comes in. It lets you buy and renovate a home with one loan. With this option, you don’t need a separate loan for repairs. The 203k loan includes both the home price and renovation cost. […]
Are you a homebuyer currently exploring mortgage options? Then you are in luck! Today’s home hunters have several lending options at their disposal, and the 5/1 ARM loan is one of them. What is a 5/1 ARM Loan? Read all about it here. When you choose a 5/1 ARM (adjustable-rate mortgage), which also happens to […]
Waiting weeks for loan approval isn’t ideal when your business needs funding fast. That’s where the SBA Express Loan steps in. It’s a part of the SBA 7(a) program, designed to speed up access to capital for small businesses. With faster response times and simplified paperwork, this option can be a game-changer. An SBA Express […]
When shopping for a mortgage, you’ll likely come across two main types of loans: fixed-rate and adjustable-rate mortgages (ARMs). While fixed-rate loans keep the same interest rate over the life of the loan, ARMs offer a variable interest rate that can change over time. But what exactly is an ARM loan, and how does it […]
Do you own a small business, and there’s a need for high-value equipment? Or maybe you want to purchase commercial real estate. If you’re in need of finance and are unable to figure out the best possible solution, an SBA 504 loan may just be the oil to your ache. Presenting you with this guide […]
It is possible to remove a name from a mortgage, but it depends on various factors and can be complex. This blog post explains the process of removing someone from a mortgage without refinancing. The main ways to do so include: Loan assumption Loan modification Sell your home Pay off your home Cosigner release Quitclaim […]
California’s 1031 exchange rules are anything but straightforward, and they keep changing. To make smart real estate transactions, understanding them is crucial. Here’s a comprehensive overview of the 1031 exchange rules along with practical tips to help you navigate the process. What is a 1031 Exchange? A 1031 exchange, also called a like-kind exchange, allows […]
An SBA loan is a government-backed small business loan that helps cover costs for businesses looking to start, expand, or sustain operations. The loan is issued by a private lender and backed by the federal government, particularly the Small Business Administration (SBA), a government agency supporting entrepreneurs and small businesses. The government guarantee reduces lender […]
Do you want better loan options? Do you want to avoid overpaying on your mortgage? Without guidance, navigating the complex mortgage process can result in expensive mistakes, jeopardizing your financial situation. Steer clear of such problems by choosing the best mortgage broker California. A reliable broker does more than just connect you with lenders; they […]
Are you familiar with hard money loans? Is a hard money loan right for your business? We will find the answers to these questions together in today’s blog. It is best to start from the fundamentals. What is a business hard money loan? It is a type of mortgage that is backed by property, such […]