Teachers and First Responders Would be Eligible for No-Down-Payment Mortgages Under a House Proposal

House members of Congress recently introduced joint legislation that would allow teachers and first responders — such as cops, firemen, EMTs, and paramedics — to get a mortgage without putting down any money. The HELPER Act The HELPER Act (Homes for Every Local Protector, Educator, and Responder) aims to assist such persons in obtaining a house in today’s competitive housing market. The measure was sent to the House Financial Services Committee, but it has yet to have a markup. The bill would do the following: Under the Federal Housing Administration, … Read more

Personal Loans with a Variety of Repayment Options for People with Fair Credit

credit score chart and range

Qualifying for a personal loan might feel like a leap of faith, especially without good credit. While there are many personal loan providers to choose from, not every lender will lend you the funds you need with a repayment plan that fits your budget. OneMain Financial provides four distinct term lengths, allowing qualified consumers to repay the loan in 24, 36, 48, or 60 months. On our ranking of the top personal loans for bad credit, we selected OneMain Financial is the top lender for flexible monthly payments. While most … Read more

What Credit Score do You Need to Buy a House in 2021

To buy a home, you don’t need flawless or even decent credit. In reality, getting a mortgage requires a minimum credit score of 580, which is just called “fair.” Keep in mind that mortgage lenders do not look at the credit report in isolation. Your credit history, debts, and down payment are all taken into consideration. The higher your score in these places, the more likely you are to be able to get away with a bad credit history. The disadvantage of having poor credit is that you would have … Read more

Su Qian AKA Audrey and Xu Sheng Wang AKA Jacky Charged in Tax Fraud Sheme

Prosecutors say the two Plymouth residents, who own two sushi and hibachi restaurants in the west metro, are facing 46 tax evasion counts in a “extensive scam” that lasted “years.” These company owners, according to the Hennepin County Attorney’s Office, devised a complex plan to underrepresent their revenue and focus their sales tax returns on such false figures. Su Qian, 43, also known as “Audrey,” and Xu Sheng Wang, 45, also known as “Jacky,” were indicted with 16 counts and 14 counts of tax evasion, individually, after a two-year probe … Read more