Archive for the ‘Loans’ Category

Qualifying for a mortgage when you just started a new job can be somewhat difficult, because lenders want to see that you have a stable source of income. There are other ways, however, that can help reassure the lender that you won’t have a problem paying back the loan. Career fields Did you completely switch […]

There are various options to choose from when it comes to mortgages, but they often fall into two main categories: ARM (adjustable-rate mortgages) and fixed-rate mortgages. One is not necessarily better than the other, so it is best to weigh the pros and cons of each option and then make a well-informed decision on which […]

Before you apply for your home loan, make sure you’re prepared by having the required paperwork ready to go. The mortgage application process will go more smoothly and quickly if you have the right documents with you from the get-go. Each lender will have its own qualifications and requirements for paperwork that all applicants must […]

New college graduates normally have a six-month transition period before they are required to start paying off their student loans.  By following some simple rules, new college graduates can make the student loan repayment process manageable by taking control of their finances. Proactively working with your lender now will make for an effective transition to […]