Author: FrankTsai

Can you get a home loan with a 700 credit score? In this article, we’ll talk about Jumbo mortgages and Portfolio loans, as well as how to raise your credit score. In addition, we’ll talk about how to choose a loan program to fit your needs. Can you get a home loan with a 700 credit score? A good credit score is necessary for obtaining a mortgage. If you have a credit score below 700, you will have a harder time qualifying for the best interest rates. This is because lenders charge higher rates for bad credit borrowers. Fortunately, there…

There are many ways to determine your debt-to-income ratio. But the process can be a little confusing. Lenders look at more than just your debt when calculating your ratio. They also consider your income, monthly minimum payments, and other recurring bills. Your income can come from a variety of sources, including social security, pensions, and tips. Calculate your debt-to-income ratio When applying for a mortgage, you should be mindful of your debt-to-income ratio (DTI). This ratio is a critical metric used by lenders to determine whether you are able to afford the payments on the loan. A lower DTI will…

Medical bills can put a lot of stress on a person’s life. It can be difficult to come up with the money to pay them. If you are in this situation, your hospital may be willing to help you reduce your debt. A recent survey by the Kaiser Family Foundation found that 26 percent of Americans have difficulty paying their medical bills. Bankruptcy Bankruptcy is an option for many people who are struggling with unpaid medical bills. You can get a discharge of these bills through a Chapter 7 or Chapter 13 bankruptcy. With these types of bankruptcy, you get…

Gross income is the sum of all compensation you receive before taxes and other deductions are deducted. Net income is the amount you keep after deducting expenses. To calculate your gross income, you should know how much money you make from your business. You can divide this number by 12 to determine your net income. Gross income is the total of your compensation before taxes and other deductions Gross income refers to the total amount of money you earn, before any taxes or deductions are deducted. It can include many types of income, including hourly wages, tips, rental income, dividends…

Cash back is a benefit provided by some credit cards. It may come as a bonus or statement credit, and you should know that it expires after a certain period of time. It’s important to make your payments on time in order to avoid incurring interest charges. Generally, a cash back credit card will have a lower interest rate than other types of cards. To get the most out of your rewards, you should pay off your balance in full each month. Cash back is a benefit provided by credit cards Cash back is a credit card benefit that allows…

If you’re wondering how to raise your credit score, you’ve come to the right place. There are several factors that can boost your score, including paying your bills on time, paying down your debt, and having a low credit utilization rate. By following these tips, you can begin to see improvements in your credit score in no time. There are also free tools you can use to check your credit score. Getting your credit score is important if you want to make the most of your credit. Paying bills on time One of the best ways to raise your credit…

Unsecured loans are loans that do not require collateral. These loans are easier to qualify for than secured loans, but the interest rates tend to be higher. It is important to have a stable income to qualify for an unsecured loan. If you don’t have this type of income, you should consider getting a secured loan instead. Unsecured loans don’t require collateral An unsecure loan is one that doesn’t require collateral. These loans are often approved and funded the same day as you apply. This type of loan can be very helpful if you don’t have a great credit score…

There are ways to apply for a credit card without affecting your credit score. These include pre-qualification, pre-approval, and online applications. Before you decide which of these methods is best for you, be sure to read the details of the different programs. After all, the purpose of these programs is to help you make the best possible financial decision. Pre-qualification Pre-qualification for credit cards is possible and can increase your chances of getting approved. Unlike an application for a credit card, which will require a hard credit inquiry, pre-qualification looks at a limited portion of your finances. Taking the time…

If you have ever wanted to transfer the balance on your credit card to a new one, you’ve probably heard of the term “balance transfer.” This is the process of moving the balance from one account to another. Credit card balance transfers are one of the most common types of balance transfers. Interest rates on balance transfers The interest rates on balance transfers on credit cards vary based on the credit card issuer. Typically, a cardholder will pay anywhere from 3 to 5% of the balance transferred for a fee. This fee can add up to hundreds of dollars to…

When choosing a bank, you need to choose the one that offers the best interest rates and the best terms for small businesses. Aside from great rates, the best small business banks should offer cash management services to make it easy for small businesses to manage their money. These services can help small business owners to automate payments and reinvest earnings. They can also help them set up savings accounts and contribute to them automatically. Such services can reduce your work load, so you can focus on running your business. Wells Fargo If you are in need of a small…