Compass Bridge Loan Services: An Overview

When it’s time to move, many homeowners are faced with a conundrum. The cash that they’ll receive from the sale of their current home is necessary for the downpayment and financing of their new home. However, this creates a lag period where they must find temporary housing, which can be expensive and destabilizing. One solution … Read more

8 Ways Your Credit Score Affects Your Everyday Life

Your credit score is used by lenders as an indication of trustworthiness. When you apply for a loan or a line of credit, lenders use this number to help them predict how likely it is that you will pay back your debt on time. When you have a high credit score, you appear much more … Read more

Bad Credit Loans Guaranteed Approval: What to Know

There are few things as stressful as struggling with bad credit. If you find yourself in a financial emergency when your credit isn’t great, you might feel like there aren’t any options. In this circumstance, you might find yourself googling things like “bad credit loans guaranteed approval” in the hopes of making ends meet. Is … Read more

Mortgages: How Do They Work?

The coronavirus pandemic impacted the U.S. economy in countless ways, and the real estate industry was no exception. With low inventory and historically low mortgage interest rates, competition for homes across the country was at an all-time high. At the same time, many American homeowners also took the opportunity to refinance their homes to lock … Read more

10 Types of Loans You Should Know

In 2020, the average amount of consumer debt in the U.S. reached record levels. Consumer debt grew to just under $14.9 trillion after the economy plunged into a recession instigated by the coronavirus pandemic. Taking on debt can be a necessary financial step for many Americans, and can even be used as a tool to … Read more

Credit Scores: The Ultimate Guide

Your credit scores can have a major impact on your financial life. This three-digit number can influence whether you are approved for a loan or credit application, the terms you are offered on loans, and much more. Even if you aren’t planning on applying for a mortgage or a loan anytime soon, your credit health … Read more