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Understanding Seller Financing for Used Homes

Have you been house hunting but struggling to secure bank approval for a loan? Seller financing may provide an alternative option to purchasing a used home when conventional methods don’t work out. This guide will help explain what seller financing entails, the pros and cons to consider, and tips for navigating the process.  What is … Read more

Fixing Errors on Your Credit Reports

Your credit reports contain a massive amount of personal financial information that is used to calculate your credit scores. While credit reporting agencies strive for accuracy, mistakes do occasionally slip through the cracks. Errors on your reports, even minor ones, can negatively impact your creditworthiness and ability to access loans and credit. Fortunately, the Fair … Read more

Down Payment Assistance Programs by State: Your Guide to Affordable Homeownership

As the housing market remains competitive, affording a down payment has become a challenge for many first-time homebuyers. Fortunately, down payment assistance (DPA) programs are available in every state to help qualified buyers overcome this hurdle.  What is Down Payment Assistance? Down payment assistance refers to financial aid programs that help homebuyers cover their down … Read more

How Bankruptcy May Affect Your Security Clearance

Bankruptcy is a difficult financial situation that many find themselves in at some point. However, declaring bankruptcy can also affect your eligibility for obtaining or maintaining a security clearance. As someone who needs a clearance for their job, it’s important to understand how bankruptcy is evaluated and what you need to disclose. What is a … Read more

A Comprehensive Guide to FHA Endorsement Loans

Introduction Purchasing a home is one of the biggest financial decisions a person can make. With the wide variety of mortgage options available, it’s important to fully understand your loan options to make the right choice. One option that is beneficial for many first-time homebuyers is an FHA endorsement loan. FHA endorsement loans are insured … Read more

Understanding 401(k) Hardship Withdrawals

A 401(k) is a fantastic retirement savings tool, allowing workers to set aside pre-tax dollars and watch their nest egg grow over the decades leading up to retirement. However, life doesn’t always go according to plan, and emergencies can arise that require access to cash, even retirement savings. This is where 401(k) hardship withdrawals come … Read more