Investment property loans help you purchase homes to rent out for extra income or to flip and sell for a profit. These loans typically have higher barriers to entry than traditional mortgages — and higher interest rates. Always shop around to find a lender that offers the most competitive rental property loans.
Retirement can be a rich and exciting time in your life — a chance to explore sidelined interests, invest more deeply in your hobbies and travel. It’s also a good time to evaluate your finances and determine how and where you want to live during your retirement years.
One big question homeowners are asking this year is whether interest on a home equity loan is still tax deductible under the new tax law. The answer is yes, but there are more limitations than in previous years.
The good news for Arkansans is that there are down payment and homebuying assistance programs for prospective homeowners of all income levels. From forgivable loans to low-interest second mortgages to tax credits, programs throughout the state make the dream of homeownership achievable.
If you’ve been wondering whether you’re eligible for better rates on your mortgage, now may be the time to consider your refinancing options.