Debbie Caniff's Blog
14 Ware Street, Wakefield, MA 01880
No income verification mortgage loans sound like a great idea. Also known as stated loans, these are easier to obtain than traditional mortgages. You won’t have to go through endless amounts of paperwork that traditional mortgages require. Think again. These types of loans are high risk and borrowers may have a hard time paying these loans back. Many lenders have removed these kinds of loans from their list of options. In certain circumstances, these loans can work for you, but you have to do your homework.
Where Can You Get A Stated Loan?
Some lenders still provide these stated loans with no verification process required. Unlike earlier times, these loans are now pretty difficult to obtain. Typically, this type of mortgage is geared towards the self-employed and requires a large down payment. Also, the borrower must have a very good credit score to be considered for the loan.
Are Stated Loans Unaffordable?
Since these loans come at very high interest rates, they are often seen as unaffordable due to the high monthly payment. Stated loans can have double the interest rate of what the current available mortgage rates are. However, if you don’t have many options, or are in a hurry to get a home and have money in the bank, it could work well for you.
Could A No Income Verification Loan Be Right For You?
If you really want a home loan, the first step is to be truly honest about your income. If you find a beautiful home and know that it’s out of your price range, you could risk defaulting on the loan.
To truly understand what you can afford, you’ll need to figure out all of your monthly expenses including taxes, mortgage insurance, phone bills and grocery bills. This will give you a full picture of your finances. Once you look at all of these factors, you may find that it does make the most sense for you to get a no income verification loan.
Deciding On The Type Of Loan You’ll Get
If you find that you need a lower monthly payment, it may make more sense for you to go after a traditional home loan. If you’re self-employed and know that your options are limited, a stated loan certainly is an option for you, you’ll just need to understand the risks of the entire process. You’ll also need to have a bunch of documents ready for the lender once you decide to go for the home loan. You can compare the costs of a no income verification loan to a traditional mortgage. Then, you can ask your lender what they’ll need from you in order to verify everything for the traditional mortgage. Any good broker can help you through your decision-making process. You’ll want to be well informed and compare all of the programs along with their fees. You should get recommendations on a lender who has the knowledge and experience to help you find the home loan that’s right for you.
Let's face it – the process of packing up your belongings and moving them to a new home can be exhausting. However, if you prepare plenty of healthy, delicious snacks, you and your moving day team will be better equipped than ever before to conquer any challenges that come your way.
Ultimately, preparing snacks before moving day is essential. Yet determining which snacks to offer sometimes can be difficult, particularly for those who have large groups of family members and friends ready to provide moving day assistance.
Lucky for you, we're here to help you plan ahead so that you can provide your entire moving day team with outstanding snacks.
Now, let's take a look at five tips for preparing moving day snacks.
1. Get a Headcount
You know that family members and friends are happy to help you move, and you should get a headcount to understand just how much food that you'll need to keep your loved ones happy and healthy on moving day.
Remember, when it comes to moving day snacks, it usually is better to err on the side of caution. And if you end up with extra snacks after moving day concludes, you can always give these treats to family members and friends. Or, you can celebrate the completion of a successful move by enjoying your extra snacks on your own.
2. Ask People What Types of Snacks They Like
Learn what types of snacks that your family members and friends like. If you ask these loved ones about their preferred snacks several days or weeks prior to moving day, you'll have plenty of time to get snacks ready that your entire moving day team can enjoy.
3. Identify Any Dietary Restrictions
Ask friends and family members about any dietary restrictions that they may have. By doing so, you can avoid the risk of preparing snacks that certain members of your moving day team won't be able to eat.
4. Don't Forget About Drinks
Providing water and sports drinks on moving day usually is a good idea. Offering various beverages will make it easy for your family members and friends to stay hydrated while they move large, heavy boxes into your new house.
5. Be Ready to Call for Takeout
Even a well-planned morning or afternoon move can stretch late into the evening. As such, if you run out of snacks, you should be ready to call for takeout.
Make a list of takeout restaurants near your new home before moving day – you'll be glad you did. With this list, you'll be ready to call for takeout if moving day runs long and you need extra food.
Lastly, if you need additional assistance as you get ready for your move, it often pays to collaborate with a real estate agent. In addition to helping you buy or sell a home, this housing market professional can offer expert moving day tips.
Get snacks ready for moving day – use the aforementioned tips, and you should have no trouble providing your moving day team with delectable treats.
Keeping a vegetable or flower garden is one of the most rewarding things you can do during the warm months. It’s an excuse to get outside, grow delicious food, save money on groceries, and learn about the art of gardening.
One of the keys to a healthy garden is to maintain your soil quality. There are a number of ways you can achieve this, from buying fertilizer, to mixing in lime, manure and other additives. One way to improve your garden soil quality while also reducing household waste is to start composting.
In this article, we present a guide to garden composting that will help you grow healthier plants and find a new purpose for the waste that would otherwise end up in a landfill.
What is composting?
Composting is a lot like recycling. It’s nature’s way of reusing minerals and nutrients from organic matter by putting them back into the soil.
Most of us are averse to rotting fruit and vegetables, but they’re packed with the nutrients that your garden needs to flourish.
Benefits of composting
Aside from increasing the nutrients in your soil, composting can help in a number of other ways. It will help the soil retain moisture, meaning you’ll have to water less, it can help you save money on fertilizer, and it will yield healthier plants and fruit that have a higher nutritional value.
Better yet, aside from the cost of buying or building a composting bin, it’s a free resource.
Most homeowners who compost their organic waste do so by buying or building a composting bin. These range from simple wooden boxes to barrels built on a spit for rotating.
Generally, compost bins are either wooden (unstained) or plastic. Metal will generally rust, and you don’t want to mix rust into your garden.
The key to good composting is being able to move the composting matter around so that it can receive oxygen. However, you’ll also want to be able to keep it moist to encourage decomposition.
If you decide to start off with just a simple wooden box for your compost, make sure you have easy access to a shovel to mix the compost around.
In terms of location, you probably don’t want your bin to be too close to your home. Decomposition doesn’t smell great, and you won’t want the odors floating through your windows on a hot summer day.
What to compost
The number of things you can toss into your compost bin is surprisingly large. However, here’s a short list of some common compostable items:
Fruits and vegetables, coffee grinds, leaves and grass clippings, breads, and cereals.
There are more advanced composting methods that can break down things like newspaper, paper bags, and egg cartons, but it’s best to start with organic materials.
Maintaining your compost bin
There are a few key steps to maintaining a healthy compost bin. First, make sure you have a variety of materials in it. Putting only one type of organic matter in your compost bin will make it hard to break down. A mixture of leaves, clippings, and fruits and vegetables will yield better results than just grass clippings.
Next, make sure you keep it moist by watering the compost heap once a week, or whenever it seems like it’s drying out.
Finally, rotate or mix the composting material around with a shovel. This will help matter break down faster and more evenly.