With the average student loan debt at an all-time high of over $30,000 per borrower, many homeowners are wondering if they can use their student loans to help pay their mortgage. On the surface, it seems like a convenient way to consolidate debts and simplify finances. However, this strategy does come with some risks that … Read more
Buying your first home is an exciting milestone, but getting approved for a mortgage can be challenging, especially if you have less-than-perfect credit or limited funds for a down payment. The easiest home loans to qualify for are government-backed mortgages like FHA VA and USDA loans. These programs are more accessible to homebuyers with weaker … Read more
Getting the clear to close from your lender is an exciting milestone in the home buying process. After months of paperwork, documentation, and waiting, you finally have the green light to close on your mortgage loan. While this is a huge relief, some buyers wonder if their loan could still fall through at this late … Read more
Refinancing a car loan is the process of replacing your existing auto loan with a new loan, often from a different lender. It allows you to change the terms of the loan, such as the interest rate, loan amount or repayment period. Refinancing can potentially help you lower your monthly payments, pay off your car … Read more
When you have an outstanding auto loan, the lender places a lien on the vehicle title. This gives them security interest until the loan is fully repaid If you want to pay off your car loan early and get the lien removed, you need to request a 10-day payoff quote from the lender The 10-day … Read more
Are you in need of a personal loan but don’t want to risk having your credit negatively impacted? You may be able to prequalify for a personal loan with minimal impact to your credit score. Prequalifying for a loan is a great way to get a general idea of what your loan terms may look … Read more
Chattel loans for mobile homes are becoming increasingly popular and can provide an ideal solution for those looking to purchase a mobile home on their own land. Whether you are looking for a primary residence or a vacation home, chattel loans can provide the financing you need for a mobile home. This type of loan … Read more
Navigating the complex process of securing student loans can be a daunting challenge, especially if you have bad credit or lack a cosigner. Private student loans can be a great option for those with bad credit and no cosigner, but it is important to understand the terms and conditions that come with them. In this … Read more
Student loan debt is a growing issue in the United States, with many recent graduates facing the burden of paying off large amounts of money. Fannie Mae, one of the nation’s largest financial services companies, offers a student loan forgiveness program that allows borrowers to have their loans discharged in certain circumstances. This blog post … Read more
Making a mortgage payment is an important responsibility for homeowners, and paying on time can help keep your credit score in good shape. PRMG Mortgage makes it easy to stay on top of your payments with secure online options. This blog post will walk you through the steps you need to take to make a … Read more