• Health
  • Shopping
  • Auto
Home - Finance
5 easy steps to make a successful VA loan application
01

5 easy steps to make a successful VA loan application

Veterans or those on active duty can avail of VA loans for any financing purposes. The federal government guarantees these loans. However, to get them, there are specific steps to be followed for successful application. These steps include everything from looking for the best VA loan lenders to maintaining a stable credit score. Here are a few easy steps to make a successful loan application for veterans. 1. Get preapproval for the VA loan With preapproval, you can determine your budget. This process involves telling your VA loan lender about your homebuying goals, employment history, and military service. Some documents required during this process include copies of your driver’s license, DD-214 or Guard/Reserve points statements, recent pay stubs, and bank statements. 2. Look for VA-approved loan lenders Always shop for a lender who is an active participant in the VA loan program. The best VA loan lenders would offer several options and deals. The deals generally differ based on discount points, interest rates, and VA closing costs. If you face any difficulty, a loan officer can help you find the right VA loan lender. 3. Get an eligibility certificate A certificate of eligibility or COE is proof that you have met all the eligibility criteria for the VA loan.
Read More
Know the basics of VA streamline refinancing
02

Know the basics of VA streamline refinancing

Veterans and military families can opt for refinancing offers that give homeowners an option to reduce the ongoing interest rate. VA Interest Rate Reduction Refinance Loan (IRRRL), also known as VA Streamline, is the simplest refinance option, which involves minimal paperwork and overhead costs. However, despite the substantial benefits every scheme is different, and it must be thoroughly discussed with an expert. What are the benefits of IRRRL? The interest rates will be fixed, contrarily to how they usually fluctuate depending on the market rate. Additionally, there’s the benefit of monthly payment savings once a family signs up for VA Interest Rate Reduction Refinance Loan. While the VA borrowers are entitled to 0.5 percent funding fee, that too can be waived off under certain conditions. If the veteran develops a disability due to their service, and is not compensated nor given retirement, the family surviving them are entitled to this benefit. How does IRRRL affect the year term? With the help of this VA IRRRL the term year of a loan can be adjusted. If your term loan is of 30 years, one can bring down the term to 15 years. However, the monthly payments will be increased. So, it’s recommended that one must calculate the monthly payment and the interest cost over 20 years to understand what’s a better choice.
Read More
4 reasons for mortgage refinancing
03

4 reasons for mortgage refinancing

If mortgage refinancing (mtg refi) rates today are low, many homeowners will rush to refinance their mortgages. It is quite appealing to opt for mortgage refinancing when one can secure a lower rate. This often helps in lowering monthly payments. In addition, refinancing helps pay off the mortgage quicker; some even cash out the equity on their home. Here are few reasons why one should consider mortgage refinancing: Get a lower interest rate If mtg refi rates are low, getting a mortgage refinancing makes complete sense. This is because the interest rate on the existing mortgage will get lower. There can be a saving of nearly 1 to 2 percent. With lower interest rates through refinancing, one can save money. Moreover, there will be an increase in the rate of building equity on the house. In addition, monthly payments will become lower. It is usually recommended to opt for refinancing when the interest rate can be lowered by a minimum of 2 percent. Reduce the loan term Whenever mtg refi rates fall, homeowners can take the opportunity to get a shorter loan term on an existing loan. However, there won’t be much change in the monthly payments in such cases.
Read More
6 mistakes to avoid when filing tax returns
04

6 mistakes to avoid when filing tax returns

As the end of the financial year closes in, many people find themselves scrambling to file income tax returns in time this year. The Internal Revenue Service (IRS) issues strict guidelines for ensuring a smooth and quick tax filing process. The last thing you want is a notification from the IRS citing an issue with the income tax return submission. So, here are six mistakes to avoid when filing your income tax return: Filing returns prematurely You might receive documentation regarding your current financial status, and this information has to be updated with the IRS. Filing prematurely can result in mistakes like omissions that only delay the processing of returns. Choosing the wrong form or filing status The IRS issues several forms for individuals, businesses, commercial establishments, and government entities to file returns. Ensure you choose the correct form and update the filing status on the official website. If there are dependents in the house or you are filing for a joint return, your filing status can vary accordingly. Making calculation errors Adding the wrong amount, excluding critical tax breaks, or even making mathematical errors while computing your income tax return are issues that IRS software can detect. However, miscalculating the return can delay the process.
Read More
4 mistakes to avoid when filing for tax refunds
05

4 mistakes to avoid when filing for tax refunds

The Internal Revenue Service, or IRS, is the governing authority that processes tax returns filed by individuals and businesses and issues refunds. The IRS has issued sizeable refunds worth thousands of dollars in recent years. Individuals can use the money to meet daily expenses and pay pending bills. But to be eligible for prompt refunds, here are some common mistakes you should avoid while filing your tax returns this year. Updating the wrong filing status The IRS lets you file as a single taxpayer, a married taxpayer filing jointly/separately, a qualifying widow/widower, or a sole head of the household. Entering this information correctly is critical while updating the return. Filing under the wrong section can delay processing and refunds. You might even be subject to penalties if there are errors in the calculation. Not reporting all taxable income Salaried employees working for an organization should properly mention any income subject to taxes on Form W-2. Freelancers can report their income using Form 1099. Different kinds of employment and earnings are subject to different tax slabs. The bottom line is that you should never underreport your earned income in the said financial year. If the IRS notes discrepancies, it can order an audit that will lead to subsequent penalties and interest.
Read More
4 common mistakes to avoid when applying for home loans
06

4 common mistakes to avoid when applying for home loans

Buying a house is a big step, no doubt. Since it is a long-term and expensive investment, it requires proper planning and analysis. One should only take out loans after careful research to ensure financial stability. As applying for loans is time-consuming, rushing through paperwork can lead to negative results. One can avoid most such mistakes with better planning and execution. Here are a few common mistakes to avoid when seeking a home loan. Not monitoring credit score Maintaining a healthy credit score before applying for any loan is important. Poor credit or a bad repayment history will lower the score, disqualifying the borrower from beneficial home loan schemes. A credit score of 700 or more can qualify for preferred loan terms and options from the best banks. If the score falls behind 700, take care of any prior settlements or written-offs by paying them back to establish a good record. Making these changes may take time, so always plan before applying for the loan. Overestimating the repayment capacity When estimating their repayment capacity, people frequently ignore their monthly expenses. Financial difficulties may arise from high monthly expenses and a loan with a high EMI. It is advised that EMI payments should not exceed 30-40% of one’s salary.
Read More
5 ways to avoid concert ticket scams
07

5 ways to avoid concert ticket scams

Concert tickets sell out quickly and sometimes within minutes of announcing the event. The more popular an artist is, the harder it becomes to buy tickets, either online or in person. This is when scammers swing into action and launch a barrage of lucrative offers. Some tickets are sold for dirt-cheap prices, some are duplicates, and mostly these are just schemes to swindle people out of their hard-earned cash. Here is how you can avoid getting scammed. Check minute details Scammers sell tickets with a fake barcode or serial number for the registered event. This is hard to spot, but you need to know that these details won’t appear randomly on the ticket. Look for printing mistakes, invalid QR code scanners, and details that stand out. You can easily verify the authenticity using apps you can download to check barcodes. Don’t pay third parties Scammers usually have a third-party payment or merchant banking service to collect the sale proceeds. With third-party portals, there is no way to get your money back once it’s processed. When buying tickets online, make a payment once you confirm that the ticket money is being processed by the authorized online partners registered with the event.
Read More
Common mistakes to avoid when buying travel insurance
08

Common mistakes to avoid when buying travel insurance

Travel insurance is an essential financial cover that protects one from unforeseen circumstances while traveling. From losing luggage to hotel cancellations, there are a few incidents against which insurance can be claimed. But before opting for one, it is important to thoroughly understand the policy document, including what is covered in the insurance and what is not. Here are a few common travel insurance mistakes that travelers can easily avoid. Ignoring credit card perks Several credit card companies offer travel insurance benefits to card holders. If you purchase a ticket using the card, you may be eligible for insurance. Credit card-based travel coverage may include claims against delayed, lost, or damaged baggage; trip cancellation or interruption; medical emergencies; evacuation; travel mishaps; or rental car insurance. With these advantages, frequent travelers might not need to get additional insurance. Not reading the details of the insurance Most travel insurance policies have a “cancel for any reason” provision. However, the requirement for this is often overlooked. The “cancel for any reason” coverage often has to be bought 7 to 21 days after paying the original trip deposit. Additionally, one can only receive compensation if they cancel their trip 48 hours in advance. Depending on one’s level of insurance, the reimbursement amount may vary.
Read More
Showing 41-48 of 66 results

Previous 456789 Next

Latest Articles

Top 5 features of the classic Ford Bronco

Top 5 features of the classic Ford Bronco

The Ford Bronco was the world’s first car to be classified as a Sport-Utility Vehicle (SUV) and has been immensely popular among car enthusiasts. Ideal for everyday use and off-road driving, this SUV has evolved considerably to include a host of advanced performance, safety, interior, and exterior features while retaining the old-world charm of the classic Ford vehicle. Here are some features of the Ford Bronco that make it one of the top-selling cars. Excellent off-road performance The signature feature of the Ford Bronco is its excellent off-road capability. With a widebody suspension and four-wheel drive (4WD) drivetrain, this SUV is ideal for adventurers and travel enthusiasts who frequent uneven and hilly terrains. It also consists of G.O.A.T. (Goes Over Any Type of Terrain) modes, due to which the vehicle is suitable for driving on almost any type of terrain. Stylish exteriors and luxurious interiors The Ford Bronco perfectly integrates exterior and interior features. One can choose between two-door and four-door models, which come with standard hardtop and soft-top roofs, respectively. The 2024 Ford Bronco is available in nine different models starting from $39,130. One can choose from a palette of colors, including the most recent Azure Gray, Yellowstone, and Robin’s Egg Blue.
Read More
6 tips to consider while buying clearance furniture

6 tips to consider while buying clearance furniture

Buying products on clearance sales is an effective way for customers to avail themselves of lucrative discounts while trying out unsold products from new brands. Since buying furniture is a major long-term investment, buying furniture pieces on sale during stock clearances is beneficial. However, one should research the quality and durability of products offered during such sale seasons. This article provides some tips to consider while buying furniture at stock clearance sales: 1. Make a list of furniture pieces needed It helps to begin listing all the furniture pieces one needs, such as sofa sets, chairs, tables, wardrobes, and shelves, which can help pick all the required pieces for one’s home while not buying anything unnecessary. 2. Research on the reason for the sale and quality of products Stock clearance sales may sometimes be organized because a brand is running losses. In such cases, one should investigate why customers do not buy the products. If there are quality issues, it is best to avoid buying furniture from the stock clearance sale in question. 3. Don’t wait till the last minute to buy the products Furniture shops typically experience heavy footfalls during stock clearance sales. Consequently, there is always a possibility of products getting sold out by the end of the day or sometimes even by midday.
Read More
7 key things to know about the Ford F-150

7 key things to know about the Ford F-150

Packed with features that cater to the diverse needs of drivers, the Ford F-150 exemplifies the brand’s commitment to excellence. The latest Ford truck combines power, innovation, and versatility. Focusing on performance, technology, safety, and customization, it caters to a broad spectrum of drivers. Whether navigating city streets, towing heavy loads, or venturing off the beaten path, the F-150 is a testament to Ford’s commitment to delivering trucks that exceed expectations. Robust engine options At the heart of the F-150’s performance are its robust engine options. From the fuel-efficient V6 to the muscular V8, Ford offers a range of engines to suit different driving preferences. Whether it’s for daily commuting or heavy-duty hauling, the F-150’s engine lineup ensures that drivers have the power they need under the hood. Innovative aluminum construction The latest F-150 adopts an innovative aluminum body construction, shedding weight without compromising durability. This not only contributes to enhanced fuel efficiency but also ensures that the truck remains resilient in the face of demanding tasks. The lightweight yet strong build is a testament to Ford’s commitment to pushing the boundaries of truck engineering. Impressive towing capacity Towing capability is a defining feature of the F-150, and the newest model elevates it even further.
Read More
4 factors to consider when buying exterior doors

4 factors to consider when buying exterior doors

An exterior door serves multiple functions—it keeps the home and its occupants safe from outsiders, acts as an inviting entrance for visitors, and adds to the curb appeal—helping homeowners create a strong first impression. So, choosing the right exterior door can require careful consideration of various available styles, suitable materials, and pricing. To help make this decision easier, here are a few key factors to consider when buying exterior doors: 1. Material One of the most important factors to consider when buying exterior doors is the material. Here are the common options: Wood: Wood is a popular choice here, and several different types of wood can be used. The cost of a single door would depend on the type of wood used, such as cherry, hickory, knotty pine, mahogany, maple, pine, and white oak. These doors typically require regular maintenance, as they are prone to moisture damage and cracking. Metal: Metal is the most durable material for doors. It is generally affordable and requires little-to-no maintenance. However, metal doors come in standard sizes and cannot usually be trimmed to meet unique requirements. The material is also prone to denting and rust damage. Fiberglass: Fiberglass has become an increasingly favored choice, being a low-maintenance, customizable material that is less likely to fade, dent, rust, crack, or scratch.
Read More
  • About Us
  • Contact Us
  • Privacy Policy
  • Advertiser Information
  • Terms of Service

© 2025 SourceTubes.com. All Rights Reserved.

e
Do Not Sell or Share My Personal Information