Should You Assume an Existing VA Loan or Get a New One for Yourself?

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. [Read More]

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. [Read More]

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. [Read More]

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. [Read More]