Friend In Jail? Know How You Can Help

Has your friend decided to contact you from jail to get them out of a tricky situation? If so, you may quickly become familiar with bail bonds. Here is what you need to know about getting your friend out of jail before their court date. Your Responsibilities Your first step will be to locate a local bail bondsman. It is common to find their offices near the local jail, but they are also easy to find by searching online.…

3 Tips for Qualifying for a Jumbo Loan

If the amount of your mortgage loan exceeds $424,100 ($625,500 in highly competitive real estate markets), it will be classified as a jumbo loan and subjected to stricter approval and underwriting requirements. This is because these loans exceed the maximum limit for loans that you may purchase from lenders, requiring banks to take all the risk of financing them. If you find you’re getting approved for a jumbo loan, here are three things that may help.…

How To Position Yourself For The Best Rate On Your Next Mortgage

A house is a purchase that needs to be made with a great deal of planning. If you can help it and you have the time, you should avoid rushing into it because doing so can cause you to end up with harsh loan terms. You want to position yourself so that you will be seen in the most favorable light by the lending agency. The best way to do this is to be prepared.…