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Showing posts from July, 2020

When is Merchant Cash Advance a Good Idea

Summary: Thinking about applying for a Merchant cash advance? Find out if it is the best option for you, before you make your final decision. A Merchant Cash Advance is basically an option that gives you immediate capital in exchange for your future debit as well as credit card sales. Unlike other loans, there is no interest rate here and no fixed time period for repayment.  Most MCA providers who contact borrowers through merchant cash advance leads accept all documentation online. All that you need to do is login to their website, fill up your details in the application, attach the necessary documentation, and submit your application. If the MCA provider finds everything right, you should get the amount in your bank account within a few days or hours. Merchant Cash Advance is the fastest way to obtain the required funds you need for running your small business. The repayment here is very easy and automatic. A specified percentage of your sales gets credited to the M...

FHA Loan – Is It For You?

Summary: Planning to take out an FHA loan to buy your dream house? Here are a few things you need to know about FHA loans before you make that decision. Most first-time home buyers think FHA home loans are perfect mortgage loans. You can contact any of the FHA lenders through FHA mortgage live transfer leads , and get an FHA loan for a down payment as low as 3.5 percent. What’s more! You don’t even need to have a perfect credit score to get approved. However, there are a few things you need to know about these mortgage loans before you jump into taking any action. High Interest Rates The interest rate that you get for your FHA loan will depend a lot on your credit score apart from various other factors. However, when compared to conventional mortgages, FHA loans come at higher interest rates. Mortgage Insurance Premiums The mortgage insurance is one thing that stops many from taking out FHA loans. In fact, there are two mortgage insurances you need to pay f...