7 Ways To Expand Your Cash Options
Whether you’re a first time home buyer looking for a mortgage or you’re in the market for a small business loan, its key to know all the financing options available to you before locking into a loan. Below are some must-know loan products and tools fit for your cash needs:
Mortgage Refinance
Home Equity
Credit Cards
Reverse Mortgages
Personal Loans
Auto Loans
Business Loans
Mortgage Refinance:
Are you a home owner? Refinancing is simply replacing your current mortgage with a new one. People refinance their mortgages for all sorts of reasons – but cash is definitely a qualification.
Home Equity:
Looking for a different option as a homeowner? Home equity is the difference between the fair market value of a property and the balance of the mortgage owed against it. Home equity loans allow homeowners to access their equity in a lump sum of cash that is repaid in monthly installments.
Credit Cards:
One of the best ways to secure cash is improving credit score. Getting a credit card can be a great start to building your credit history or, if you have bad credit, a new card can help you fix it. If you make your credit card payments on time, you can raise your credit score quickly.
Create an account on LendingTree to get the most recent version of your credit score and suggestions of how you can improve it for more cash.
Reverse Mortgages:
Are you looking to add some extra income to your life? Do you have a lot of equity in your home? A reverse mortgage can help you get money out of your home that you can enjoy today. Depending on your circumstances, a reverse mortgage may be a great choice giving you supplemental income for the rest of your life.
To determine how much you may be eligible for from lenders, use our form:
Personal Loans:
Sometimes you just need some extra money. That’s when a personal loan can really help. Use your loan to consolidate debts, cover medical bills, or make some home improvements, or even improve your credit.
Auto Loans:
It pays to shop around. LendingTree helps you compare auto loan rates and loan terms from multiple lenders for new and used cars, whether you’re buying from a dealer, or a private seller.
Business Loans:
Small business loans give companies the opportunity to expand, maintain day-to-day operations, and take advantage of ventures that will lead to future growth. Getting a loan for your small business has never been easier as there is an option that fits virtually every financial need. It’s important, however, to understand the purpose the small business loan is going to serve so that you can choose the best option.
Whichever your financial need, at LendingTree we make it easy by doing the shopping for you. Our job is to find competitive options fitted just for you so that when lenders compete, you’ll win.