Undoubtedly, the most popular home loans today are conventional loans and FHA (Federal Housing Administration) loans. But, selecting a mortgage specifically ideal for your requirements can be quite confusing, most especially if you are eligible for more than one type of loan. To help you out, read this discussion from Wasatch Peaks Credit Union to see both the advantages and disadvantages of conventional loans and FHA loan plans.
Advantages and Disadvantages of FHA Loans
- Lower requirements for credit rating, as low as 500
- Lower requirements for down payments, 3.5% minimum
- Lower interest rates
- May be easier to qualify
- For one or two unit homes, there is no reserve requirement
- No penalty for prepayment
- Gifting funds may cover the entire expenses for down payment and closing
- Streamlined FHA loan plans are quick, more affordable, and easier
- Required mortgage insurance, in most cases for the whole life of the loan
- Cancelling mortgage insurance is virtually impossible
- Fewer mortgage choices
- Can only apply for properties occupied by the owner
- Majority of condominiums are not FHA approved
- A mortgage limit of $625,000 in areas considered high-cost and much reduced in areas deemed low-cost
- Can only qualify for a single FHA loan
Advantages and Disadvantages of Conventional Loans
- Does not require loan insurance for loan-to-value ratios of 80% or lower
- Cancelling an existing loan insurance at a loan-to-value ratio of 80% is allowed
- Offers more mortgage plan choices
- Can be applied to every property type
- May qualify multiple loans
- No maximum limit on the loan amount
- Higher conforming limits
- Higher requirements for down payments
- Higher requirements for credit rating, minimum of 620
- Higher interest rates
- More difficult to qualify
- Required mortgage insurance for loans with an 80% loan-to-value ratio
- Potential penalty for prepayment
- Reserve requirement for qualifying
Which Mortgage Should You Go With?
Both home loan options can make sense according to your individual, personal loan requirements. Both conventional mortgages and FHA mortgages can feature competitive interest rates and closing expenses, so you should carefully calculate what you can afford in order to determine which loan type is most appropriate for you.
In addition, even when you count the mortgage insurance requirement, it may be more economical to apply for an FHA mortgage if you can negotiate for a lower interest and if you can obtain credit from the lender. But, the relatively pricier interest rate on a conventional mortgage can also work for you if you really don’t want to pay for insurance, which is a requirement for FHA loans.
Many households encounter roofing problems during winter — condensation, formation of ice dams and damages to flashings and shingles due to extreme temperature. Even though you did the necessary preparations in autumn, you can’t stop the possibility that your roofing systems will give up. The big question is whether you should fix it right away or wait until winter is over.
Don’t be like other homeowners who wait for spring before they do something about their roof. Here’s why it’s not an entirely bad idea to do roofing projects in winter:
Roofing Material Specifications
It’s possible to perform roofing projects in cold and dry climate, but the results may not be what you expect if you try to DIY. Manufacturers often include detailed information at what conditions should households and contractors install their products for roof repairs. Perth climate can be unpredictable during winter, but following a standard helps.
For example, the lowest temperature shingles can take during an installation is -3 degrees Celsius. This is because the adhesives and self-sealing strips could freeze right away and not bond properly. Despite this, contractors say that it’s still possible to install shingles in winter with the help of hand nailing. This is effective if you need the installation as soon as possible.
Roofing Contractor Repairs
Roofing contractors have the tools and expertise to perform roof replacements and repairs for shingles, gutters, chimneys or flashing during colder climates. They have more experience than you do, so if you think that the job is too complicated, then it’s best to hire them. For instance, if you don’t prefer nailing shingles, they can use adhesives and pay attention to the temperature to make the installation work.
Don’t postpone your roofing needs simply because of the climate. It’s still possible to do repairs and replacement if you know what to do and whom to hire.
So you sent out invitations and curated the perfect menu — then you inspect your pet-friendly home only to realise you have some extra cleaning to do before the doorbell rings and guests come in. Those little fur tumbleweeds somehow multiplied, and your furniture covered in hair may not pass the sniff test.
One of the biggest problems pet owners face is unwanted hair at home. The unfortunate reality is that all cats and dogs shed regardless of their breed and age. Some have thicker undercoats and will shed in higher quantities, but virtually all cats and dogs will shed hair.
You cannot stop your furry baby from shedding, but you can reduce the amount of loose hair with these strategies:
Clean and Vacuum Regularly
Vacuum often — and be diligent in doing so — because this is the best way to keep your home hair free. Vacuuming is especially best for upholstery and carpets, but maybe switch to an electrostatic mop if you have hardwood floors.
Upholstery is a magnet for pet hair, and removing the same can be a tedious task. So, A-Jet Services Ltd, a team of carpet cleaning experts in Auckland, suggests investing in a few furniture throws and hiring professional services.
Have a Strict Grooming Regimen
Every cat or dog breed has its own rules when it comes to grooming. The general rule, though, is to brush your pet at least once a week (except if your pet is a hairless terrier). Border collies and other longhairs, in particular, should be brushed daily to avoid excessive shedding.
Strike at the Source of the Odour
Do not let a whiff of your smelly furniture distract guests from the more pleasant smells wafting from the kitchen. Instead of trying to mask animal odours with heavily scented products (which can also be too strong or toxic for your pets), strike at the source.
Try wiping down areas around pet beds, food bowls, and other pet-traffic zones with a solution of vinegar and water.
If you are tired of being greeted by furniture and carpets covered in pet hair when you get home, perhaps it is time to help out your four-legged friends. Follow this guide and you can reduce the amount of pet hair in your home.
These days, investing is not only helpful, it is necessary. While you have the money and the means, you should invest money to gain more. While there is safety and security in employment and regular income, investing your money in proper and lucrative ventures will set you up for comfortable living if you make the smart choices.
This year, set your eyes upon management rights, resortbrokers.com.au recommends, for sale in Brisbane or any other Australian city. Here is how it works.
• What are management rights?
A highly lucrative business, management rights is simply defined as the right of an owner to administer the properties which he owns. However, on a more technical note, it pertains to the business opportunity for a resident owner to manage and administer a complex within a compound on behalf of owners that do not reside in the same area.
• How will I benefit from management rights for sale?
For instance, management rights are very lucrative because these lots and properties are notably placed in areas of interest or densely populated locations. High population density equates to great income turnout.
The beauty of this is that you own neither the property nor the actual interests, you don’t have to worry about the fluctuation of rates as well as the inflation. All you need to worry about is the quality of the area and the population of the residents. This is a highly skill-specific venture that you can get the hang of with sufficient dedication.
• Should I go for it?
Buying management rights for sale in Brisbane is not only safe, but it is also one of the most profitable and foolproof investments. It requires less capital, no fruitless industry and promises so much gain. Explore your options on the matter and see how it will work for you.
Remember that while this is not an investment in the traditional sense of the word, still, before you enter the field, do research and consult experts. This would give you an invaluable perspective and tricks you may use on the job.
The image of a modern doctor is set within the minds of everyone that did not go to medical school. A doctor always has a white lab coat, a stethoscope hanging around their neck, and they say ‘stat’ all the time. It’s hard to imagine a doctor in any other form or scenario, which makes it difficult to fathom how they look for jobs.
It doesn’t require much explanation to believe that someone who graduates from medical school and passes the board is a smart person, and smart people get jobs. But, what happens when the entire field is made up of smart people who are targeting a single job?
Since not everyone gets an invitation from a prestigious hospital to work for them, doctors need to be creative with their job prospects. It’s not exactly a common sight for doctors to send resumes to different hospitals at random intervals, hoping something sticks; there’s a methodology involved.
One of the more common ways for doctors to get a job is by word of mouth; the medical field is a close-knit community where word spreads fast. A friendly doctor will have no trouble hearing about an opening somewhere if they keep their ears and options open. The problem with this is that it can only be done by people who have many connections in the industry.
Fortunately, there’s another more modern method available to rookie physicians.Recruitment services like Triple0 are growing in popularity as online destinations for doctors looking for work.Think of it as LinkedIn for doctors. It’s a very good idea that uses the connectivity of the Internet to the advantage of the medical field that isn’t WebMD.
This just goes to show that even the smartest people in the world can have ordinary person problems just like the rest of us.
The best time to visit Colorado is now, because of the warm weather from June to August being ideal for adventure. To keep in touch with Mother Earth and her wonders, plus a healthy dose of adrenaline, consider Royal Gorge. Considered as one of the deepest gorges, the place is located in the central point of Colorado.
Known as the Grand Canyon of the Arkansas, this scenic place invites tourists for some well-spent recreational get away. Here is a list of the adventures in Royal Gorge, which includes rafting trips, says americanadventure.com:
- Whitewater rafting trips
May to September is a great time for this activity. At Arkansas River, the most popular rafting river in the West, you can have the time of your life. Its 100-mile length is ideal not only for professional rafting enthusiasts but also for family adventures.
- Train travel escapade
Enjoy the beautiful landscape of the state aboard on a train. Sit idly and feel the rush of travelling back in time while enjoying the view of the 10 mile-long railroad. The train service started a hundred and thirty six years ago. Luckily, you still have the chance to have a ride.
- A walkathon on the bridge
Walking can be a relaxing experience especially if it is in the scenic Royal Gorge Bridge. This four hundred-meter bridge had been in service for quite some time, and its existence for the past 85 years is already a history in itself. Either you walk alone or with the company of family and friends, this can be a great experience.
- Bungee jump
To quench a thirst for more thrilling adventure, consider a bungee jump. Just make sure you have the right equipment and the guts to do so.
So plug off your mobiles, take a break, shrug off your worries and celebrate the beauty of creation.
Men love watches and it’s difficult to explain why they do, but what’s clear is that this piece won’t go away any time soon. Even if more people today are depending on their mobile phones, many still prefer reading the time with a turn of the wrist.
Wristwatches have always been one of the most popular gifts for men, whether for birthdays, graduations or anniversaries. If it’s for your significant other, however, the gift deserves more thorough research. Here’s a guide to help you decide what to get:
Analogue or Digital
Some people like the feeling of reading time from an analogue watch, while others find it easier to read a digital watch. NZ Watch Store says analogue watches could be casual or formal, so the design matches any outfit. In fact, popular brands have been marketing this type as a fashion statement. Digital watches, on the other hand, are for the tech savvy. If you believe that your partner will appreciate its alarm, stopwatch and other features on display, then there’s no harm in buying it.
Buying Branded Watches
A Rolex may be the most popular choice for men, but many other brands are available if it’s too much for your budget. Some good examples are Armani Exchange, Casio, Diesel, Emporio Armani, Fossil Nate, Michael Kors, Nixon and Timex.
Their Lifestyle Matters
Remember that a wristwatch is something men would want to wear wherever they go. Apart from the design, you have to think of their daily activities. Is he a hardworking salaryman or an adventurous guy? If so, buy a watch that fits his lifestyle. From water-resistance to stainless steel casing, it’s better to give them a gift that isn’t so fragile they wouldn’t want to wear it.
When buying a wristwatch for your partner, it’s best to be practical and think of their personality and lifestyle. After all, who wouldn’t want to see their beloved wear the gift you gave them.
If you’re still not convinced your website should be mobile-friendly, let the numbers speak for themselves: 83%. That’s how many of the top results on Google are tagged as mobile-friendly.
Mobile Ranks Higher
83% of the time, the top results on the search engine results pages (SERPs) meet Google’s mobile-friendliness requirements, according to a study by mobile solutions provider Moovweb. Digging a little deeper, the results show the top 3 results are mobile-friendly 81% of the time. Taking into account the top 10 on the first page of results on Google, 77% are mobile-friendly.
The study tracked more than 1,000 important e-commerce keywords in different industries.
Mobile-Friendliness by Industry
The mobile platform is and will be the future of SEO, at least for the next three years or so. The fact that mobile searches have exceeded desktop searches on Google supports this.
Although the shift to mobile includes users around the world, mobile web and SEO are still not that welcome in different industries. Keywords from the retail industry were more mobile-friendly in search results while those in transportation were at the bottom. Healthcare, insurance, hospitality and travel niches are slowly adapting mobile-friendly features.
For webmasters and SEOs, this shows you need to step up your efforts, especially if your clients belong in the underperforming sectors. Your private label SEO should be updated to include on-page optimizations that boost your site’s mobile-friendliness. Making sure the site meets all of Google’s requirements should be the priority. The little things such as font, type size, and button placements are all important in ensuring your site is viewable on different devices.
There are a little over 963 million websites across the globe and over 7.7 billion mobile devices by the end of 2014. Logically, businesses and marketers are cashing in on the apparently promising future of mobile. It’s slowly becoming a must especially for e-commerce sites. The question is, after mobile, what’s next?
Two-way portable radios have been in service for more than half a century, mostly used for the purpose of ensuring security and public safety. Campus security organisations prefer using this technology because it is easy to operate, suitable for outdoor locations, and especially designed to facilitate conversation in noisy environments.
Advantages over other methods of communication
University campuses in Australia usually sprawl across a number of acres. Campus security personnel cannot rely solely on telephone lines since they are often on the go to perform regular rounds to monitor the area.To secure the premises effectively, the entire network must employ a reliable means of communicating remotely – and this is where a two-way radio like that of Vertex Standard comes in.
The network itself can be made highly secure since the system in place is owned and exclusively operated by the university. Moreover, your organisation can rely on this network to remain operational in times of widespread catastrophe such as when natural disasters occur. Using a cellular network in such circumstances often proves inadequate, and campus security could not deal with the crisis when the cellular network is overwhelmed.
Every campus security department maintains a two-way radio network as part of their operational measures. Modern two-way radios may be integrated into a regional radio network via mutual aid channels. These channels serve as the lifeline of the campus should any emergency occur and there is a need for outside agencies to assist in resolving the situation.
Portable radios designed for two-way communication are also capable of one-to-many communication such that all the officers equipped with the technology are aware of what is happening elsewhere in the campus. Since everyone can listen in, there is greater assurance than no officer will behave unprofessionally.
As your organisation is currently exploring digital options, then a two-way radio network is worth the investment. When public safety is involved, only the best portable digital radio will do. While the technology is more than 50 years old, modern innovations can be integrated into any two-way radio system to make it more relevant to the needs of Australian colleges and universities.
Have you envisioned yourself having crystal-white teeth just like your favorite celebrities? Or perhaps you smiled at your reflection in the mirror and instantly told yourself you desire to have perfect teeth? If this has happened to you in the past, do not feel bothered! You belong to the millions of people worldwide who want to have healthy, clean-looking teeth.
Whenever a photograph is taken, you enhance your appearance by showcasing your best smile. Your smile not only radiates joy and contentment but also provides a positive reflection of yourself. Thus, it is important that an individual is confident enough to flaunt his best smile.
Clean Teeth Will Give You Confidence
Without you realizing it, having clean teeth will boost your self-esteem. You will have the confidence to smile whenever your friends crack a joke. When you want to provide a good impression of yourself towards other people, you will not be hesitant to show your best smile. You will not even have to be worry about your teeth when smiling at strangers!
Aside from brightening your smile, teeth whitening, adds Utah-based drpainless.com, also reduces bad breath. In turn, this will give you the confidence to speak because your mouth does not ooze foul odor.
Having Clean Teeth is Not That Difficult
For some people, teeth whitening may seem like a tedious task because it requires long-term procedures and high cost. However, this is not the case! Regular use of toothpaste ensures that you preserve the condition of your teeth. Whitening toothpastes reduce the mark left by previous meals. This also inhibits the growth of bacteria in teeth spaces, which could result to cavities. Bleach may also bring back the white shade in teeth.
In addition, having regular consultations with your dentist is significant to promote clean teeth. These experts constantly check your oral hygiene and remind you of the best methods to preserve health of your teeth.
Most people aim to have the perfect set of clean teeth. Thus, teeth whitening must be a main priority since it improves a person’s physical appearance and boosts his confidence.