Dear Moneyist, My wife and I had our first baby in June. As the breadwinner, my wife just returned to work after 12 weeks of unpaid maternity leave. Our savings are a bit low and she is now “asking for my blessing” to work part-time. This is distressing to me …
Read More »NerdWallet: Need help with private student loans? These states are helping during the pandemic
This article is reprinted by permission from NerdWallet. Some states are stepping in to help private student loan borrowers, who were not aided by the coronavirus relief act. Private lenders reached an agreement in late April with the governments of California, Colorado, Connecticut, Illinois, Massachusetts, New Jersey, Vermont, Virginia and Washington state. …
Read More »Are Bridge Loans Useful for Home Refurbishment
If you are a property investor, homeowner, or real estate agent, then you might have heard the finance term, bridge loans. If not, then not to worry, we will brief you with it in the following post. We all know the house is an essential asset in people’s lives and …
Read More »Dispatches from a Pandemic: ‘I have a mortgage to pay’: Sex workers banned from small-business loans under CARES Act due to ‘prurient sexual nature’
Like many self-employed Americans, Andre Shakti has lost most of her income over the past few weeks. Most of the clients who used to see her in person have stopped calling, the business where she worked as an independent contractor is closed, and a conference she co-organizes has been canceled. …
Read More »Home Improvement Loans with Bad Credit
Do you need a loan to make renovations or repairs to your house? There are several types of renovation loans that allow you to get a loan using your equity as collateral. But, what credit score is needed for a home improvement loan? Rate Search: Check Today’s Refinance Rates Credit …
Read More »Types of Mortgage Loans Available
7 minute read If you’re planning on buying a home this year. You’re probably aware there are many different types of home loans available to you. But how do you decide which type of mortgage loan should you choose? We will go over all the mortgage programs available and discuss the …
Read More »Understanding Construction Loans
If you’re thinking of building — rather than buying — your dream house, good for you! However, consider that instead of financing construction with a traditional mortgage, you’ll likely need a construction loan. This article helps explain what a construction loan is, construction loan timelines, how these types of loans …
Read More »Comparing FHA vs Conventional Loans
6 minute read The two most popular types of mortgage loans used today are Conventional and FHA loans. Choosing the right mortgage program is critical to make sure you get the best deal on your loan. In this article we compare FHA and Conventional loans so you can discover which …
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