The VA loan program has some restrictions that include having to release a property that you bought with a VA loan from your name in order to get another VA loan to purchase a different property. For people who want to get another loan before their old one is paid in full — for example, someone moving across the country — the process of loan assumption can be exactly what they need.
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3 Tips For Keeping Your Checking Account Balanced
One of the challenges of having a checking account is to keep it balanced. It is a bit different from having a credit card, since the money needs to be there in order for you to spend it. With checks that can be written and not cashed for a very long time, you need to do more than simply look at your balance online and see if there is enough cash to make your purchase.
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3 Things To Know About Your Credit Score When Applying For A Mortgage
Have you ever applied for a loan? If so, you may know that lenders look at credit scores when determining how to proceed. If you want to buy a house with a mortgage, the same is true. The lender will view your score before offering you a loan, and your score might impact your loan eligibility. Before you apply for a mortgage, you might want to know the following three things.
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4 Things You Need to Know About Securing a Personal Loan
Sometimes you need to get a loan to take care of personal business. When you need a personal loan, make sure you are prepared so you can increase your chances of obtaining one. Here are some things to know to ensure the process is a success.
#1: Know Your Credit Score
Before you apply for a personal loan, you need to check your credit score. There is no type of collateral for the lender to cash-in on with a personal loan, like with an auto loan or a home loan, so the credit score requirements are often more stringent with personal loans.
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