If you’ve been told that a conventional loan won’t work for you, a non-conforming loan may be the solution to finance the home of your dreams. But what exactly is a non-conforming loan? Non-Conforming Mortgage Loans Non-conforming loans are mortgages that do not follow the rules for government backed loan purchasers Fannie Mae and Freddie Mac. … [Read more...]
What’s a Non-Conforming Mortgage Loan?
8 Money-Saving Tips to Insulate from Turbulence
Many of us faced financial turbulence last year. Maybe you dealt with a job loss or a reduction in pay and had a difficult time making ends meet. We are all looking for ways to cut expenses and keep more money in our pocket. One of the smartest things you can do now is to sort through your expenses to see where you can cut costs. We’ve got 8 … [Read more...]
Rainy Day Fund vs. Emergency Fund
When you are hit with an unexpected expense like your A/C going out, a tire blowout, or car breakdown, do you have the money to cover those unexpected expenses? These things happen more frequently than people would like to think and, as a result, are caught unprepared. The key to weathering these unexpected expenses is being prepared with two … [Read more...]