Mortgage

How To Get Your Free Annual Credit Report And Why You Need It

How To Get Your Free Annual Credit Report And Why You Need It

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Your credit report influences whether or not you’ll qualify for a mortgage and what kind of interest you’ll pay on that loan. This isn’t something you can safely ignore. Smart homebuyers understand the importance of monitoring credit scores and credit reports. Here is some information about how to get your credit report.

What Exactly Is Private Mortgage Insurance (PMI)?

What Exactly Is Private Mortgage Insurance (PMI)?

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PMI, which is also called private mortgage insurance, is protect that the lender may ask the buyer to purchase. In the event that the buyer defaults on their home loan and the home enters foreclosure, the lender has a way to recoup their losses.

Expanding Opportunities For Home-Buying In ‘Opportunity Zones’

Expanding Opportunities For Home-Buying In ‘Opportunity Zones’

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Opportunity Zones were created by the 2017 Tax Cuts and Jobs Act to encourage investors with capital gains on other investments to invest that money in low-income and undercapitalized communities. They get a reward of deferring capital gains tax. They avoid a portion of it altogether if they keep the investment for five years or longer.

How To Crowdfund A Renovation Project

How To Crowdfund A Renovation Project

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Crowdfunding came into prominence with the Jumpstart Our Business Startups (JOBS) Act that President Obama signed into law during 2012 and subsequent enhancements. The JOBS Act made it easier for startups to raise money and for the first time allowed the legal ability to advertise the investments and accept small investors.