As we start spring cleaning, many of us will be reflecting on what we want to achieve for this year. Last year many of our dreams were stifled due to the pandemic, hopefully that won’t be the case as we move forward. If becoming a homeowner is one of your priorities this year, here are some tips to help you achieve your goal.
Here at LendUS, we know Mother’s Day means a lot of different things to different people. That is why we wanted to celebrate all kinds of mothers out there this May 9th. Whether they are soon-to-be, grand, great, biological, adoptive, spiritual, or supportive maternal figures in your life, we want to honor them. We asked our LendUS employees to send us photos and stories of them as mothers or the mothers in their lives to spread love and cheer on this day.
Many people want to move abroad someday but making that a reality can be tricky. For those looking to move to the United States, here at LendUS, we are happy to help. Not only will our Loan Advisors be able to help you secure funding, but we have developed a guide to illustrate how the process will be different for international homebuyers. From taxes to purchasing remotely to finding listings, this home purchase will not be an average experience.
Whether you’re looking to find a home for retirement or you need to move because of a new job, moving to another state isn’t as difficult as it may seem. There are advantages and disadvantages depending on the target state you are looking at. If you are looking to relocate or buy a second home in another state, there are many factors to consider.
LendUS has partnered with the Military Makeover series, hosted by Montel Williams, airing on Lifetime TV for a second time. The first time we partnered with the show, our LendUS team flew down and helped the Burgess family in Cape Coral, Florida. This time, a few of our LendUS employees spent a week in mid-March in Deerfield Beach, Florida, to volunteer their time to help the Daniels family.
As the pandemic continues to sweep throughout the world, many people have struggled to pay their mortgages. Thankfully, the Coronavirus, Aid, Relief, and Economic Security (CARES) Act established a 12-month maximum mortgage forbearance program for most loans. However, many people still are confused as to what the term means. Here we will explain what mortgage forbearance is and why it might be helpful for you.
The U.S. Department of Veterans Affairs (VA) backed home mortgage loans are the highest-value loans the VA guarantees for servicemen and women without needing to pay a down payment. These loans are great options for people who have served the country or are the qualified family members of those who have served. The benefit has also just gotten a lot better. As of 2020, the VA eliminated loan limits for those that have full entitlement and haven’t used this benefit yet.
Spring has sprung, and so has a new fiscally reasonable you. Start the new season on the right foot by establishing a monthly budget for yourself. If you are thinking to yourself, “I don’t need a budget. I’m fine how I am,” then either you probably aren’t thinking about saving or are very, very wealthy, in which case you could still benefit from budgeting. Having a monthly budget can help everyone. Whether you want to start investing so you can earn a passive income, establish a retirement plan, save for a once-in-a-lifetime trip, or save for a down payment to buy a home, all of these goals and more take planning to achieve; otherwise, they may never happen. These five steps will help you establish a monthly budget for the rest of 2021 and also teach you how to stick with it.
On December 2, 2020, the U.S. Department for Housing and Urban Development (HUD) announced its new 2021 limits for single-family homes. This is a significant announcement if you are considering applying for a Federal Housing Administration (FHA) loan in 2021. An FHA loan is a home mortgage that is federally insured if the borrower defaults on payments to the loan. FHA loans are a desirable option for first-time homebuyers since the down payment minimum is extremely low at 3.5% when compared to a conventional loan that commonly requires a down payment of at least 20% to avoid private mortgage insurance (PMI).
As we start to approach the spring months, many people will be looking at freshening up the home they currently live in. Spring cleaning is a big trend that is a pretty good one; however, there are a lot of worse ways to offload your “trash” so that it can be usable for someone else, and you can always find better options. According to The Atlantic, Americans recycle or donate 15% of their clothing, and the rest, at about 10.5 million tons per year, goes to the dumpster. Here we will illustrate some dos and don’ts of spring cleaning this year with sustainability in mind.