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What Type of Personal Loans are Available to Military Personnel

Military personnel who are currently or formerly a member of the military service can sign up for military loans. The advantage of military loan is that it offers favorable lending term to military members. However, the loan amount is usually much smaller than the amount you can borrow from a regular lender. The following are […]

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Understanding How Mortgages Are Transferred Between Heirs

Most people envision having their mortgage paid off well before retirement. Yet setbacks can happen and not everyone ends up paying off their mortgage before they retire. Some people pass away before their mortgage is paid off, leaving questions for their heirs on what to do with the property. The Consumer Financial Protection Bureau, or […]

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Utilizing A Mutual Fund As Collateral For A New Loan

When it comes to collateral for a loan, a question that often comes up is “can I use my mutual fund as collateral?” The answer to that is a bit complicated. While nothing prevents you from using your mutual fund as collateral, it boils down often to if the lender will accept it. Mutual funds […]

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