Category : mortgage : Insurance

High Debt-to-Income Ratios

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The debt-to-income ratio is a numerical representation of the amount of money you spend each month on debts in comparison to your monthly gross income. This number is expressed as a percentage. For instance, if you make $2,000 a month and pay $500 a month to credit card companies and other lenders,

How to Sell Private Mortgages

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A private mortgage occurs when the seller of a home or real estate property holds the mortgage on the property for the buyer. In essence, the individual selling the home becomes the lender for the buyer of the property. Usually, you can sell private mortgages to buyers who would not normally be able

What Is a Settlement Loan?

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When you are in the position of receiving a settlement from a lawsuit, waiting for the money could take some time. Instead of waiting for the settlement to finalize, you could instead opt for a settlement loan. This is a type of lending instrument in which you borrow the money upfront and then repay