Car Loans With Baloon Payments Explained
The concept of car loans with balloon payments can seem intimidating, if not downright confusing. It is an increasingly popular option for those looking to purchase a vehicle without the burden of large upfront payments or long-term commitments. But what exactly are these types of loans and how do they work? This article will […]
Lender’s Mortgage Insurance (LMI)?
The cost of getting into the housing market can be expensive, especially if you don’t have a big deposit saved up. But there is a way to help reduce some of those costs — lender mortgage insurance (LMI). This is free banks and credit unions charge borrowers when they are considered high risk. Usually, this […]
The Construction Loan
Renovations to an existing home are ideal for construction loans. A short-term loan can be a great way to borrow money without paying hefty upfront fees or charges quickly. You may be able to use these funds to improve your homes, such as the addition of a garage, the extension of the kitchen, or the […]
