Increasing home prices in today’s market have made 8/10/10 piggyback loans a popular option for borrowers who need to borrow more than the conforming loan limit and need a Jumbo Loan. Let’s delve into what a piggyback loan is, how it operates, and how to decide if it’s the right choice for you! Piggyback loans … Read more
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You can either move the slider or type into the field below to adjust your approximate value. 0 Please provide valid property value What is your best estimate of your propertys value? MORTGAGE BALANCE Please provide valid mortgage balance What is the remaining balance on your existing mortgage? INTEREST RATE Please provide valid interest rate … Read more
Irina Maltseva is a growth marketer with 10+ years of experience in digital marketing. After being scammed by Airbnb and Booking.com, Irina joined Aura to help the company on its mission to create a safer internet for everyone. Alina Benny is a writer and editor at Aura, covering the gamut of security topics for the … Read more
Becoming a homeowner is a major milestone in life. It provides stability, equity, and a sense of pride and accomplishment. But does it also help improve your credit score? The answer is yes, being a homeowner can positively impact your credit – but there are also some potential risks. In this article, we’ll break down … Read more
A home is a big investment, but if you have a salary in the six-figure range you’re already off a pretty good start. As long as you have manageable debt, it’s a decent bet that you can find something that meets your needs. Income is just one factor that plays into your budget, but it’s … Read more
People with higher credit scores tend to qualify for better interest rates on borrowed money, have access to the best credit cards, and can even pay less for insurance. Youll also have an easier time applying for an apartment rental. With so much riding on your credit score, it can be useful to see where … Read more
Getting approved for financing can be challenging especially if you have less-than-perfect credit. Many mainstream lenders rely heavily on credit scores and reports from major bureaus like Experian and TransUnion when making lending decisions. But what if your credit isn’t stellar? Does that automatically disqualify you from financing options? This is where alternative lending companies … Read more
One of the most visible indicators of your financial health is your credit score. By analyzing it, lenders know your level of responsibility when using credit. The higher your score, the easier it is for you to get loans or credit. Also, a higher credit score will give a lower interest rate when applying for … Read more
As of the third quarter of 2023, 1.54% of U.S. consumers had a FICO Score of 850, according to Experian data. Some notable traits of consumers with a perfect credit score include an above average number of credit cards, lower credit utilization rate and lower than average total debt. In many sports, its possible to … Read more