Rafael Lucas

2 Things You Need To Understand About FHA Loans As A New Homebuyer

If you are in the market to purchase your first home, it is helpful to understand all the different types of loans on the market that you can apply for. There are multiple types of mortgages that you can obtain beyond a conventional mortgage. One of the most popular types of alternative mortgages that one could obtain is an FHA loan. FHA Loans Are Good For Individuals with Lower Credit Scores Read More 

What You Should Know About Using Balloon Mortgages

If you're purchasing a home, it helps to know what all of your mortgage options are. While some mortgages are not traditional 30-year loans, they may be ideal for your situation. If you've never heard of a balloon mortgage before, here's what you should know about them. What Are Balloon Mortgages? For traditional mortgages, the payment that you make each month will be the same during the entire mortgage payment schedule. Read More 

4 Considerations For Choosing The Right Type Of Home Loan

When purchasing a house, choosing the home that's right for you isn't the only important decision you'll make. You'll also need to decide on the type of home loan that best suits your needs. These days, there are a number of mortgage options available to buyers, ranging from conventional home loans to FHA loans, VA loans, and everything in between. To help you decide on the mortgage that's right for you, be sure to take some key factors into consideration and speak with a trusted mortgage broker. Read More 

7 Benefits Of Having A Business Banking Account Separate From Your Personal Account

If you run a small business, you should have a business banking account that's separate from your personal banking account. Typically, small businesses with several employees and lots of payroll obligations have already taken this step, but even if you're a freelancer or independent contractor with no employees you can also benefit from business checking. Of course, business owners between these two extremes should also have a business account. Here are the top reasons why you need one. Read More 

3 Tips For Starting A Business With Bad Credit

If you have always dreamed of being a business owner, you could be afraid that your poor credit score is going to hold you back from achieving your dream. After all, you might need a lot of capital in order to get started, and you could be concerned about being able to get access to this capital when you don't have a good credit score. Of course, it's true that having bad credit can cause you to face some challenges that others with better credit might not have to face. Read More