Loans, in whatever form, can be a useful financial tool when used and managed correctly. May it be a business, mortgage, personal, student, and home, a loan can help achieve financial goals in due time.
Now, let’s say you want to acquire a loan to buy a house from mortgage loans houston. Of course, you would have to think a lot of things such as documentary requirements, credit card scores, and the processes. These are hassles, you should say.
Good thing, there are now various apps to help you secure your intended loan in just a few hours. Here are some of them.
1. Payoff
Payoff is one of the most popular apps used for securing loans. It has a simple loan approval process with passionate staff dedicated to helping you financially. The offer of Payoff ranges from $5000 to %35 000 with a digital approval process that takes some minutes only. The loans offered have fixed interest and are paid monthly. Moreover, Payoff offers its members FICO score updates so you can assess your credit score and determine which needs improvement.
2. Loan Exchange
Loan Exchange provides an easy way of letting you input the necessary information, and various lenders will poise offers directly on your phone. You can then review the different offers to see which one is most suited for you, depending on your need and situation. It’s a simple process, and it takes a minute or less to do so. Good thing, it does not affect your credit score.
3. Upgrade
Upgrade offers a loan for as low as $1000 to as high as $50 000. It processes that in a clean and straightforward interface while it can also be used to monitor your account. Some options, such as personal loan require no prepayment fees and rapid decisions. Moreover, the given repayment terms start from 3 to 6 years.
4. Lending Tree
If you are familiar with government biddings and procurement, that is also how Lending Tree works. It serves as an online marketplace where customers can send application while the app solicits competing bids from the lenders. In that way, you can correctly select which rate is best depending on your given situation. Lending Free is a free platform. After typing the information required, you will get up to 5 quotations from bidders in just a few minutes. Of course, in every lender used, Lending Tree will gain a commission. You can actually make use of this to tap mortgage loans houston.
5. Prosper
Founded in 2005, Prosper is one of the pioneers of peer to peer lending. This model works by letting a person fund a loan instead of a bank. It is advantageous primarily because you’ll have your loans approved faster and with a lower interest rate. Today, more than 870 000 borrowers make use of Prosper. It is also rapidly growing given its add-on features such as Personal Loan Options and Loan Approval Process. Moreover, Prosper’s offer ranges from $2000 to $40 000. These are fixed loans, and terms start from 3 to 5 years. The loans undergo a fully amortized repayment structure. Also, it only takes seven days or less for Prosper to verify your loan. After that, you are good to go!