Banking and Tax Expert
Amanda Dixon is a personal finance writer and editor with an expertise in taxes and banking. She studied journalism and sociology at the University of Georgia. Her work has been featured in Business Insider, AOL, Bankrate, The Huffington Post, Fox Business News, Mashable and CBS News. Born and raised in metro Atlanta, Amanda currently lives in Brooklyn.
Posts by Amanda Dixon:
Mortgage fraud occurs when a potential homebuyer or mortgage lender provides false information or omits certain details in order to complete a mortgage transaction. As a homebuyer, you may encounter predatory lenders who want to scam you. And if you’re in a tight spot, you may be tempted to do whatever it takes to secure a loan. But know that the penalties for mortgage fraud are severe. We can show you how to avoid these schemes. And if you’re financial situation needs improvement, we can help you find a financial advisor who will work with you to improve your credit report so you can land a decent mortgage with favorable rates and terms. Read more
A short sale occurs when you sell your home for less than what you still owe on your mortgage. It can prevent you from seeing your home foreclosed and undergoing bankruptcy. However, your mortgage lender must approve the short sale. The process can also be complex and risky. As you consider whether or not a short sale is for you, you might do well to work with a financial advisor who can help guide you through the process. Read more
A jumbo loan is a type of mortgage designed to finance luxury homes or those in highly competitive real estate markets. Limits for these loans vary by location but it typically hovers around $484,350 for most of the country. However, you can’t get these loans through government-sponsored entities like Fannie Mae and Freddie Mac. But don’t worry. As you go about securing a jumbo loan, also known as a jumbo mortgage, consider connecting with a financial advisor for hands-on guidance throughout the process. Read more
At some point, older adults may need help completing basic activities like getting dressed and taking baths. Unfortunately, health insurance plans don’t exactly cover this kind of care. This is where… Read more
Many studies seem to suggest that millennials are in a financial pickle. For starters they earn less than their parents did when they were young adults. Plus, the average millennial has over $30,000… Read more