Land Loan vs Home Loan – Know the Comparison

home loans
The terms ‘home loan’ and ‘land loan’ may sound similar. But there are major differences between the two. Let’s look at how they differ. What is Home Loan? A home loan is money that you borrow from a bank or financial institution to buy an already constructed house, or under construction house. You...

5 Major Accounting Issues Small Business Owners Need to Prepare For

accounting issues
If you are a small business, then you might think you don't have enough time for accounting. But this is the line of thinking that will get you into trouble. Since 2006, the number of accounting mistakes in the United States has been on a downward trend. But in the past two years, that trend has...

Construction Loans: What They Are and How They Work

construction loans
According to research by the National Association of Homebuilders (NAHB), the volume of residential construction during the second quarter of 2018 increased by 1.7 percent. It was the 21st consecutive quarter of growth in the residential housing market. You can attribute the growth of residential construction to the ease of getting credit. Residential construction...

Make Your Money Grow: 7 Smart Ways to Invest

Smart Ways to Invest
It’s discovered that more than 40 percent of Americans aren’t investing their money. While it’s clear that money doesn’t grow on trees, it can grow if you invest it in the right sectors. Even better, you may not need a lot of capital to start investing. But, educating yourself on emerging...

Stocks to Invest in This Year: How to Break Into the Stock Market in 2019

stocks to invest in
There is no better time than the beginning of the year to start an investment portfolio. But if you are new to the stock market, the options for investing can be daunting. How do you know which stocks to invest in, and where do you start? Thankfully, we have done much of the work...

Everything You Need to Know About Bridge Loans

What is a Bridge Loan?
Have you been searching for way to finance your next real estate venture? If you are, North Coast Financial is a leader in bridge loan financing, and with more than 37 years of experience in helping investors and private homeowners obtain loans, and they may be able to help you obtain a loan. Unlike other hard money lenders...

How financially literate are you?

financial literacy
There are many different “money personality types” in the world. While some of us are rigorous savers who exert careful control over our finances, others among us are financial ostriches who prefer to “keep their head in the sand” rather than deal with money matters. Some people are avid investors, others like to keep their finances simple....

Protect Your Business: 5 Different Types of Business Insurance You May Need

types of business insurance
With more the 30% of new businesses in the US ending in failure within their first 3 years of operating, new businesses must do everything in their power to stay afloat. One of the best defenses a new business can use to protect itself is insurance. There are all sorts of different types of...