It is a well-known fact that FHA loans are available only for properties that are used as primary residences. However there are certain cases where one can go for an FHA home loan for a second home.
Merchant cash advances help small businesses and startups obtain immediate cash for their business requirements, without necessitating too much documentation. It is this feature of MCA that makes it sell itself. Nevertheless, the term may be alien to many. Hence the first thing you need to do before selling an MCA is to help your prospective customer understand what you have on offer.
Many home sellers refuse to accept offers from VA borrowers due to some myths and misconceptions. If you have been one of these, do note that you are actually doing a disservice to them. Not just this, you are also shrinking your buying pool.
Mortgage insurance is the deciding factor when you have to choose between an FHA loan and a conventional mortgage. Although it exists in both cases, there are many differences between an FHA mortgage insurance and private mortgage insurance. Understanding these will put you in a better position to make an informed decision about the kind of mortgage loan you need to take.