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Pool Loans
Secured or completely unsecured pool loans
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Unsecured Loans
Completely unsecured loans
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Commercial Loans
Commercial loans of all commercial property types.
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Personal Loans
Unsecured personal loans for a multitude of reasons. Splash Financial
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Business Lines of Credit
Lines of Credit for your business.
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Business Loans
Term loans for your business.
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Fact-checking the confusion around changes to mortgage fees based on credit scores
A change to Loan Level Price Adjustments (LLPAs) by Fannie Mae and Freddie Mac in January 2023 has caused confusion among borrowers. While some have claimed that those with lower credit scores will now pay less than those with higher credit scores, this is not the case. LLPAs are based on loan features such as…
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The U.S. housing market will continue to be impacted by 3% mortgage rates as homeowners are unwilling to sell and lose their low rates.
The US housing market is being impacted by higher mortgage rates and a lock-in effect, which is constraining both buyers and sellers. The average 30-year fixed mortgage rate reached 7.10% in February 2022, the highest since November 2021, resulting in a drop in demand for properties. Meanwhile, homeowners who locked in lower mortgage rates are…
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FHA Loans Are Getting Cheaper
It has been announced that the annual mortgage insurance premium will be reduced by 0.30 percentage points, from 0.85% to 0.55% for most new borrowers, which will save homebuyers and homeowners with new FHA-insured mortgages an average of $800 per year. The reduction in the premium is expected to lower housing costs for an estimated…
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Tips to Help Improve Your Credit Score
Here are some basic tips that can help improve your credit score: Remember, improving your credit score takes time and effort. Stick to these tips and be patient, and you should see improvement over time.