Educational Blogs | Red Door Funding

Disclaimer – Use At Your Own Risk: The information on this website is for general information purposes only. Nothing on this site should be taken as advice for any individual case or situation. We will not be liable for any losses or damages in connection with the use of the information from these blogs. All blogs are meant to be educational. We advise always consulting with a professional before attempting anything written in a blog. We can not guarantee all of the services that we write about in our blogs. Any attempt to perform anything written in a blog can result in serious injury or fatality without expert guidance and oversight.

Is Personal Loan Interest Usually Tax Deductible?

Aug 15, 2022

Many people want to know how taking loans, such as a personal loan would affect their tax situation, whether the interest is tax deductible or not. Well, interest on personal loans is surely not tax deductible. If you take money to get a car for your personal use, or in case to cover any other […]

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Why Is renting a mobile home better?

Jul 30, 2022

It’s completely okay if you are short on budget and looking for a mobile home for renting instead of just buying a solid concrete one. You may be in a dilemma about whether you should buy the entire thing or just rent. Let’s have a look at some pointers, and then you can decide what […]

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How To Improve Your Credit Score

Jul 15, 2022

You must have heard people discussing about some credit scores and how it should be in a suitable range for things to fall into place for them. You must be wondering what it is and its purpose. Well, the score in question is a number you get after calculating your credit information. This number or […]

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What Are Fraud Applications an identity Theft?

Jun 30, 2022

Fraud applications are one of many fraudulent activities in which identity theft takes place. In this situation, the fraudster applies for an account, any service, policy, or insurance claim using fake material and information of another person to influence the outcome of that application. These imposters use false employment details, untrue income, or a concealed […]

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Rent To Own Mobile Home FAQs

Jun 15, 2022

To make the choice of rent to own mobile homes is one of the best ways to become the homeowner you and your family have dreamt of being, without a financial drawback. What is Rent to Own Mobile Homes? Rent to own mobile homes are those that are currently available for rent. But, a rent-to-own […]

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Should I Pay Off My Mortgage Early?

May 30, 2022

Getting your own house is one of the most expensive investments of your entire lifetime. Since it is costly and involves a hefty loan amount, it is valid to dream of a day you will be free from monthly mortgage payments for good. If you get your hands on an extra amount of cash, is […]

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What Is The Difference Between Preapproval and Prequalification?

May 15, 2022

Most people are unfamiliar with the mortgage process, and that is why they remain confused, to begin with. The terms and conditions seem perplexing, and that is why the agency’s motto should be working to help the customers out and navigate their journey to fulfill the dream of purchasing their new home. One of the […]

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Is Converting a Construction loan to Permanent a good Option? How to Do So?

Apr 30, 2022

Construction or temp – short for temporary loans are set up and drawn in different steps during the total construction time. When it completes, you will then take measures to halt the construction lending and apply for a permanent loan. This stage becomes easy if you opt for a “Construction to Perm” loan. However, if […]

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5 Points To Consider When Going For A Home Loan

Apr 15, 2022

A personal home is the first asset an individual starts working for, and it is a lifelong dream that needs proper execution. However, if you have decided on getting a home for yourself, you must carefully plan everything and consider every aspect before diving into this. There are two immediate pressing matters; the first is […]

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Here’s How You Can Easily Calculate Your Debt-to-Credit Ratio

Feb 28, 2022

Whoever created credit cards was really onto something. Buying things you want without producing money in real-time makes shopping ten times more stress-free. But what happens when you spend too much? The thrill of free spending can sometimes make you forget that credit cards come with strict limits. And when you overstep those limits and […]

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