One of the incentives offered to military members is access to home financing through the VA home loan program. VA loans are guaranteed by Veteran's Affairs, allowing lenders greater confidence in the borrower and the lender's ability to recoup their money. This incentive is available to prior and current military members, including National Guard members, as well as surviving spouses of military members in some cases. Unfortunately, there are many misconceptions about what the VA loan program does.
When you start a business, one of the first things you must do is create a checking account. But why are there different accounts for business and personal checking? What's the difference between a personal and business checking account when they can seem so similar?
Business Accounts Get Preferential Service
When you get a business account, you establish a relationship with the bank. You can connect with a business customer service representative directly to get better customer service.
If a loved one has been apprehended, they risk staying in jail until their case is heard. A bail bond can get them out quicker. Even if you can afford the bail amount, there are many advantages that come with engaging a bail bonds agency to post the bail on your behalf. Read on to learn more.
Helps You Exit Jail Quickly
It's likely you don't have adequate knowledge about how bail is set, the documents to fill when posting bail, and the procedure to follow when filing them.
While the traditional home buying process can be confusing enough for many people, this process can quickly become even more complex when purchasing a home on Native American or Alaskan tribal land. This is because much of this land is held in trust by the US government in order to prevent private owners from seizing the land and ultimately removing it from the control of the tribe. This fact can make it virtually impossible for a prospective home buyer to secure mortgage financing through a traditional lender since the lender will be unable to foreclose and seize the land if the loan is not repaid as agreed.
Should you choose a custom loan term for your next mortgage? While many home buyers and owners may only be aware of standard loan lengths — often 15, 20, or 30 years — you can actually customize your loan to reach your own unique goals.
How should you choose a custom loan term? Here are three strategies that any homeowner could apply to their situation.
Target a Life Event
Why do you want to pay off your mortgage loan earlier than the standard time frame?
