Hard money lending, while becoming more mainstream, is still riddled with misconceptions. For many, the term "hard money" can evoke thoughts of shady lenders or exorbitant interest rates. But is there truth behind these beliefs? Here are some of the most common myths and misconceptions surrounding hard money lending. Myth 1. Hard Money Lenders Are Loan Sharks  Many people think hard money lenders operate in the shadows, providing loans with the intent of swindling borrowers. [Read More]

Buying a home is an amazing adventure that includes many steps along the way. Finding the house itself can actually be seen as the last leg of the journey because all of the preceding elements culminate in the physical signing and possession. Before you can reach this point, you'll need to get the proper financing so you can use it to guide your search. If you want to learn about potential mortgage deals, read below to check out why you should ask your lender about first-time home-buyer programs. [Read More]

Your actions and inactions can greatly influence how smoothly things will run when working with a bail bonds agency. Also important is your choice of agency. Here is a rundown of a few things to do that will ensure a smooth process. 1. Pick the Right Agency  Conduct due diligence and identify the right bail bonds agency for you. Ensure you narrow your options to licensed bail bond agencies. Other important details to consider include the agency's limits on how much bond it can issue, what percentage it charges, and its policy on collateral or co-signing. [Read More]

Understanding the factors that mortgage lenders consider during the underwriting process is crucial when applying for a home loan. Mortgage underwriting is the method lenders use to assess a borrower's risk and determine if they should approve the loan. Here are the key factors that mortgage lenders consider when underwriting home loans. Credit History: Evaluating Financial Responsibility One of the most important factors lenders consider during the underwriting process is the borrower's credit history. [Read More]