US College Loans Tool

US College Loans Tool

In the US today, President Obama’s office promoted a new online tool to help college students understand a raft of financial information that will likely be of interest to them. The tool advises students on student loans, costs for study and how much they might be able to earn when they graduate. You can find the…

“Dirty” Loans?

“Dirty” Loans?

The UK’s Financial Conduct Authority has declared that although seen historically as “dirty”, equity release loans are likely to become a “normal” component in the financial planning of the over 55s. In many cases where property is owned (or at least mortgaged), the over 55s can have a significant asset (their home) but be cash poor….

Women’s Start Up Loans

Women’s Start Up Loans

The UK “Start Up Loans” program, a scheme backed by the British Government, appears to be drawing more successful female applicants than other more traditional business start-up loans. According to the UK Office for National Statistics, 37% of all successful applicants for the Government backed scheme are female compared to 18% for other similar loans schemes. Furthermore, in the first…

Chase Jumbo Loans Changes

Chase Jumbo Loans Changes

Chase announced in early August that it was making its jumbo loan product more simple and also lowering the requirements for FICO and downpayment. What this means in real terms today is that buyers with a FICO of 680 or above (previously a minimum of 740) seeking finance to acquire a single-family property can downpayment…

Qualifying For An FHA Loan

Qualifying For An FHA Loan

In these times many people considering a loan will be looking at FHA loans. For anyone interested in finding about a bit more about the criteria that needs to be met in order to successfully apply for one, we have produced the following introduction: FHA Loans Qualifications