If you’re considering purchasing commercial real estate, it’s worth exploring the option of a commercial real estate loan, also known as a commercial mortgage. This type of loan can be a valuable tool for small business owners looking to expand their operations or acquire additional property. But getting approved for a commercial real estate loan …
When you’re looking at business loans for the first time, you might be overwhelmed by all of the information you need to understand to feel confident in your decision. One of the most important components of any type of financing is the loan term. This is the length of time and frequency you’re required to …
Lately, some mortgage lenders have pitched “buy now, refinance for free” offers to get more home buyers to take the plunge. The thinking is mortgage rates will be lower in the near future. And when that time comes, you won’t have to pay any lender fees. This can even sway the decision to buy a …
Buy Now, Refinance for Free Deals Aren’t All Their Cracked Up to Be Read More »
In the personal finance domain, credit scores wield immense power. Whether you’re eyeing that dream home, planning to start a small business, or simply aiming to secure the best interest rates, your credit score plays a pivotal role. A common query that often surfaces in discussions about credit is whether having multiple credit cards is …
Did your small business keep employees on your payroll through the pandemic? Congratulations! You may be eligible for a tax credit from the Internal Revenue Service. The Employee Retention Credit, referred to as the ERTC or the ERC, was first launched in the early days of the COVID-19 pandemic as part of the CARES Act …
What Is The Employee Retention Tax Credit? A Guide For 2024 Read More »
Lately, new home sales have surged as existing housing supply continues to be hard to come by. This is partially because mortgage rates more than doubled in less than two years, effectively locking in existing homeowners. With many of these homeowners unwilling to budge, home builders have gained a lot more market share. After all, …
Should I Use the Home Builder’s Mortgage Lender or a Different One? Read More »
Navigating the world of commercial real estate rates can often feel like a complex maze. In this evolving landscape of the commercial property market, mortgage rates serve as the compass guiding your investment decisions. Whether you’re a seasoned investor or a novice entrepreneur, understanding the ins and outs of commercial mortgage rates is crucial. This …
Well, another year is nearly in the books, which means it’s time to look ahead at what 2024 might have in store. As is customary, I take a look at mortgage rate predictions from a variety of economists and offer up my own take for the upcoming year. I also look back at the predictions …
SBA loans can be an incredible financial resource for business owners who want to grow or sustain their companies. Understanding SBA loan interest rates is an important part of determining just how helpful this type of financing can be since costs vary based on many different factors. Explore the most popular SBA loan programs and …
A new week, a new 1% down mortgage product, the latest coming from Fort Washington, Pennsylvania based lender Newrez. Call it a sign of the times, with housing affordability the worst it has been in decades thanks to high home prices and elevated mortgage rates. Known as “RezSource,” the new program relies upon a 2% …
Newrez Enters the 1% Down Mortgage Fray with RezSource Read More »