Wendy Connick Wendy's first official job was selling vacuum cleaners door-to-door. Figuring that things could only improve from there, she continued to be gainfully employed in a series of jobs which ranged from managing a storage facility to selling bank products for a Fortune 500 financial institution. Wendy now owns her own writing company, Tailored Content.
Buying a house is complicated, with more than its share of intimidating paperwork and legalese – especially for first-time buyers. One way to minimize the stress is to get a loan pre-approval that you can hang onto while you shop for the perfect house.
But which type of loan should you try to acquire? The first decision to make is whether to look for an FHA mortgage loan or a conventional mortgage loan. There is no perfect choice for all home buyers – which one is right for you depends upon your specific circumstances.
It’s not easy to scrape together enough cash for 20% or even 5% of your new home’s purchase price. Yet the fact remains that the more cash you pay upfront, the easier it can be to qualify for and close on a loan. Plus, your mortgage payments will be smaller – especially if you can put down 20% and avoid private mortgage insurance. This is because lenders often give incentives, such as better interest rates and reduced insurance needs, for paying down a large percentage.
While it may be difficult to imagine coming up with enough money, you do have several options when it comes to increasing your down payment.
If you’re like most Americans, you’re surely in search of new, creative ways to ease your annual tax burden. Fortunately, there are several ways you can cut your taxes or increase the amount of your tax refund without incurring the wrath of the IRS.
Tax credits and allowable deductions come and go as the IRS alters their rules and regulations from year to year. However, there are a number of ways to trim your taxes that are sure to remain applicable year after year.
The content on MoneyCrashers.com is for informational and educational purposes only and should not be construed as professional financial advice. Should you need such advice, consult a licensed financial or tax advisor. References to products, offers, and rates from third party sites often change. While we do our best to keep these updated, numbers stated on this site may differ from actual numbers. We may have financial relationships with some of the companies mentioned on this website. Among other things, we may receive free products, services, and/or monetary compensation in exchange for featured placement of sponsored products or services. We strive to write accurate and genuine reviews and articles, and all views and opinions expressed are solely those of the authors.
Advertiser Disclosure: The credit card offers that appear on this site are from credit card companies from which MoneyCrashers.com receives compensation. This compensation may impact how and where products appear on this site, including, for example, the order in which they appear on category pages. MoneyCrashers.com does not include all credit card companies or all available credit card offers, although best efforts are made to include a comprehensive list of offers regardless of compensation. Advertiser partners include American Express, U.S. Bank, and Barclaycard, among others.