Understanding the Difference Between Pre-Qualification and Pre-Approval for a Residential Mortgage

When you go to see a realtor about buying a home, he or she will probably asked if you have been pre-qualified or pre-approved for a loan. Many agents may wait until you have at least a pre-qualification before showing you homes. Some may require that you are pre-approved. It is important you understand the difference between these two terms to avoid surprises or problems when it comes time to go to closing.   Read More...

A Guide To Leasing And Financing For Heavy Equipment

If you need to complete a large project for either personal reasons or for a business, then you will likely need some pieces of heavy equipment. However, you probably don't want to buy them outright, since you will likely only need them for a short period of time or even a single day. Therefore, you should consider the various leasing and financing options available to you. Here is an introduction to both the different kinds of equipment that you can rent and the different options for payment:   Read More...

Need A Car But Have Bad Credit? Consider Bad Credit Car Loans!

Did your car recently break down for the last time and you know it's time to purchase a new one? But, what if your credit is less than perfect and you are worried about obtaining financing? Luckily there are options for consumers that need bad credit car loans. While these loans may have higher interest rates and require a higher down payment than the average auto loan, bad credit car loans can be an excellent option for someone who needs a reliable vehicle that they can pay monthly payments for.   Read More...