Underwriting
What Is a Personal Line of Credit? – SmartAsset
Mortgage APR: Why It’s More Important Than Just Looking at the Mortgage Rate
It’s time for another mortgage match-up: “Mortgage rate vs. APR.” If you’re shopping for real estate or looking to refinance, and you’ve seen a certain mortgage rate advertised, you may have noticed a second, similar percentage adjacent to or below that interest rate, possibly in smaller, fine print. But why? Well, one is the mortgage… Read More »Mortgage APR: Why It’s More Important Than Just Looking at the Mortgage Rate
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Bank of America Launches a Zero Down Mortgage
This week, Bank of America unveiled a zero down mortgage option as part of their Community Homeownership Commitment. In short, they want to help more âmodest-incomeâ and first-time home buyers achieve the American Dream of homeownership. Specifically, they said theyâre targeting âcertain Black/African American and/or Hispanic-Latino neighborhoodsâ throughout the country. To accomplish this goal, theyâve… Read More »Bank of America Launches a Zero Down Mortgage
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Banking 101: How do banks make money?
Have you ever wondered why your checking account is free? Obviously, itâs not because your bank is feeling charitable. Big banks make big money. The kind of money that leads to the obscene Wall Street bonuses we so often hear about. But banks make money even when theyâre not involved in Wall Streetâs multinational investment [â¦]Banks make money in simple ways like monthly fees and interest income â and understanding those costs can help you avoid them.
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Northwestern Mutual to Deliver Record-Breaking $6.8 Billion in Dividends to Policyowners
Northwestern Mutual to Deliver Record-Breaking $6.8 Billion in Dividends to Policyowners Annual life insurance payout is close to triple the size of its nearest competitor MILWAUKEE, Oct. 26, 2022 /PRNewswire/ — Northwestern Mutual will once again break its own industry-leading dividend payout record with an expected $6.8 billion to be delivered to its policyowners in 2023. … [Read more…]
Best Online Life Insurance of 2021
All About Peer-to-Peer Lending – SmartAsset
Divorce and mortgage: What are your options?
There are a few ways to handle your mortgage during a divorce. These divorce mortgage options will help both parties transition smoothly.
How To Write A Gift Letter And What You Should Include
If you’ve received a cash gift to help with a down payment on a house, you may be required by your lender to send in a gift letter. What is it, and what is included?
The post How To Write A Gift Letter And What You Should Include appeared first on Bible Money Matters and was written by Peter Anderson. Copyright © Bible Money Matters – please visit biblemoneymatters.com for more great content.