March 2022

As one of the fastest-growing types of lending in recent years, commercial lending companies have seen an increase in interest from individuals. Due to their convenience and availability, these organizations can be the perfect place for people interested in short-term and long-term borrowing for personal or business needs. But with the increased popularity has come […]

If you’re a commercial real estate investor, your needs may not always be met with traditional loaning options. This is where hard money loans come in. Also known as private money lendings, in these loans, the collateral, which is the property being purchased, is the biggest factor, instead of the borrower’s credit profile. An investment

Do you know what does your FICO score is? If not, it’s time to find out. Your FICO score is calculated by the three major credit bureaus (TransUnion, Equifax, and Experian) and can be a powerful tool in planning when it comes to securing big loans like mortgages. It measures how much you’ve borrowed from

After you’ve applied for a loan, you may be told that your loan application has been rejected. But what does this mean? Sure, it can be annoying when you must start the whole process all over again, but there’s often a straightforward reason for rejection. To avoid rejection in the future and receive the best

Most people buy a home using mortgage financing; this allows them to pay the sum in manageable installments with interest. Before approving a loan request, mortgage lenders gauge the borrower’s creditworthiness—this process of approval is called mortgage underwriting. Let’s learn more about the process of mortgage underwriting. Mortgage underwriting—what is it? The credit union, bank, or