Category: Finance

someone giving money

How to Avoid Paying for PMI Successfully

If you take out a home loan in Oregon and put less than 20% down, you’ll be required to pay for private mortgage insurance (PMI for short). PMI won’t insure you, but rather the lender. Primary Residential Mortgage, Inc. notes that it protects your lender against financial losses in case your property goes into foreclosure.

a couple holding a house model

Can You Afford a House?

Affordability issues are one common reservation about buying a house. If this is the same for you, it is likely that you may be worried about getting together a sizable down payment while still paying for your other bills. You may also be concerned about not qualifying for a loan amount you want or not

Availing for a multifamily loan? Try Fannie Mae

Are you planning to refinance an apartment building which holds several units? Are you interested in investing in a two-home property recently listed in the local property market? Then multifamily financing is for you. However, which loan type among the many is the most feasible to avail? Try the Fannie Mae multifamily loan for your

A businessman applying for a loan

Commercial Financing for an Established Business

In business, it is important to put first things first. At one point you will need commercial financing to expand your business to a second location. While there are many ways to put this into practice, ARF Financial, a business loan financial expert, cites three crucial factors for getting a business loan: Rigid Personal Credit

Piggy bank with money

Next Stage: Preparing for What Comes Next in Your Life

There is no excuse not to start saving early. It’s preparation for the next chapter of your life. You don’t need to reach a certain age to start thinking ahead. Anything can happen, and the savings you have set aside might be useful even if it’s not for the original purpose it was intended for.

pile of scrap metal

Ways to Make Money from Scrap Metals

Did you know that you could get money from those metal scraps lying around your garage? Yes, it may be scrap, but do not throw them out, as you can sell those to a scrap metal recycler. While scrap metals can undergo recycling in whatever manner, it would not hurt to take certain measures to

financial expert in conversation with clients"

Top 3 Benefits of Working with an Independent Financial Consultant

If all along you have been a self-directed manager for your finances, you understand well the struggles that come with guessing your way around how best to manage your personal, family, or business financial records. Moreover, with the heavy burden of determining a course that will keep you afloat financially both in the short and

Group of Elderly People Sitting on a Couch

How You Can Use a Reverse Mortgage as a Retirement Tool

The main purpose of reverse mortgages was to aid seniors in fulfilling their financial needs by allowing them to use their home equity. Nowadays, however, many seniors are realizing that they could use their reverse mortgages as practical financial planning tools. Here are some ways reverse mortgages could be used in retirement planning: Delaying your pension

Mortgage and Loan keys on a keyboard

Here’s How to Lower Your Mortgage Payments

Getting a mortgage to purchase your first home is almost always unavoidable. It comes with the convenience of payment spread over a period of time. If you think you are paying a high monthly mortgage, there are some ways you can lower the cost of payments by checking out these tips. The Right Mortgage Company

Man pointing at a home with a big word that says Refinance Your Home

A Timely Refinance: Lower Rates and How to Get the Best Deal

Time has become ripe again for people who wish to refinance their mortgage loans in Utah, and anywhere else in the country. Mortgage rates have dipped lower from 4.16% to 4.14%. As a result, borrowers — particularly, refinancers — have increased by 3.6% in the current week. You can follow in the footsteps of those refinancers