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If you’re looking for a destination with an unmatched combination of natural wonders, military importance, and old-school charm, you need to find a home in Colorado Springs. 

This city, sitting at the foot of one of the most famous mountains in America, offers a unique blend of attractions that cater to outdoor enthusiasts, history buffs, and those who serve our country. From towering peaks to massive military installations, each site tells a portion of the city’s multifaceted story. 

So, lace up your hiking boots and join us on a quick tour of this scenic city and learn all about ten of the top things Colorado Springs is known for.

1. Garden of the Gods

This public park, renowned for its towering red rock formations, is like nowhere else on the planet. Visitors can enjoy hiking, rock climbing, and simply enjoying the stunning views. Garden of the Gods is a haven for geology buffs as well as a place where photographers and nature lovers converge to appreciate its majesty.

2. U.S. Olympic & Paralympic Headquarters

Colorado Springs is known for being the headquarters of the U.S. Olympic & Paralympic Committee. As such, it is a pivotal center for athlete training and administrative operations. The complex includes state-of-the-art facilities that support American athletes in their preparations for the Olympics. Tours of the headquarters offer a behind-the-scenes look at where Olympic dreams are nurtured and realized.

3. U.S. Air Force Academy

One of the five American service academies, the U.S. Air Force Academy in Colorado Springs is crucial in educating and training officers for the nation’s air, space, and cyberspace forces. The sprawling campus is also famous for its stunning modernist chapel with seventeen spires, symbolizing an upward ascent into the air.

4. Old Colorado City

Stepping into Old Colorado City, you enter the original capital of the Colorado Territory. Today, this historic area charms visitors with its art galleries, boutiques, and restaurants housed in well-preserved 19th-century buildings. The area’s quaint streets and apartment communities host plenty of community events throughout the year, making it a lively part of the city’s social fabric.

5. Pikes Peak

Known as “America’s Mountain,” Pikes Peak dominates the landscape at over 14,000 feet above sea level. It’s a stunning backdrop for the city. Beyond that, it’s also where you’ll find the famous Pikes Peak Cog Railway, which offers spectacular panoramic views on its way to the summit. The peak inspires adventurers and artists alike with its formidable presence and breathtaking views.

6. Peterson Space Force Base

Peterson Space Force Base plays a critical role in the defense infrastructure of the United States, focusing on space operations. It’s a cornerstone of military presence in Colorado Springs and contributes significantly to the local economy and community. The base is part of America’s space defense industry, ensuring national security from above.

7. Cheyenne Mountain Zoo

Perched on the side of a mountain, Cheyenne Mountain Zoo is a unique place, to say the least. It is America’s only mountain zoo and features an impressive collection of animals in habitats that mimic their natural environments. The zoo is especially famous for its giraffe herd, offering the highest-altitude giraffe feeding experience in the world.

8. The Broadmoor

A historic hotel that exudes luxury, The Broadmoor has been a cornerstone of Colorado Springs tourism since 1918. With its picturesque lake, world-class golf courses, and impeccable service, the hotel offers a glimpse into the opulent past of American leisure. The Broadmoor attracts visitors from around the globe, seeking a first-class stay surrounded by the natural beauty of Colorado Springs.

9. Colorado Springs Pioneers Museum

Located in the beautifully restored El Paso County Courthouse, the Colorado Springs Pioneers Museum harbors artifacts and stories that trace the area’s history. The museum’s exhibits focus on the indigenous peoples, early settlers, and more. It’s a treasure trove for anyone interested in the fascinating history of the Pikes Peak region.

10. Red Rock Canyon Open Space

Adjacent to the Garden of the Gods, Red Rock Canyon Open Space offers additional trails and rock formations that are less crowded but equally stunning. The area is a favorite for local hikers, climbers, and cyclists, who find solace and adventure in its rugged terrain and hidden trails.

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Metal credit cards come in a variety of weights and designs, but a new limited-time offer from American Express soars above the competition.

According to American Express, the card will also have a white, glossy finish “inspired by clouds.” What aviation enthusiast doesn’t love plunking down a rare airline credit card?

While the unique card design is eye-catching, the Delta SkyMiles® Reserve American Express Card recently underwent some big changes, including an increased annual fee of $650 and a cap of 15 Delta SkyClub visits annually unless cardholders spend $75,000 in a year on the card (beginning Feb. 1, 2025). New cardholders can also grab the following introductory offer: Earn 60,000 Bonus Miles after you spend $5,000 in purchases on your new Card in your first 6 months of Card Membership. Terms Apply.

Get a card that takes you farther

Sign up with NerdWallet to get a full picture of your spending and personalized recommendations for cards that will help you see the world.

Source: nerdwallet.com

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Building on the success of The Bristol, the 6-story Yerba Buena Island luxury building whose condos command prices as high as $4.4 million, the transformative new San Francisco neighborhood is adding more options for residents looking to adopt its sustainable living model.

Soon to join The Bristol will be a collection of townhomes that combine modern architectural design with the unique natural setting of the island.

Designed by renowned architecture firm Hart Howerton, the townhomes are inspired by San Francisco’s iconic row houses — but with a distinctly modern twist — and offer expansive floor plans ranging from 1,956 to 4,034 square feet, with prices starting at $2.85 million.

Creating an urban village within minutes of downtown San Francisco

Image credit: Hayes Davidson

The developers behind the project, Wilson Meany and Stockbridge Capital Group are not just adding residences to the naturally formed island, but rather cultivating an urban village — and taking advantage of the premium location of Yerba Buena Island.

Located strategically between Downtown San Francisco and the East Bay, the island serves as a peaceful retreat amidst the bustle of city life.

“With the arrival of the initial Townhomes within The Cove Residence enclave at Yerba Buena Island, our vision of an urban village is truly coming to life,” said Chris Meany, Managing Partner at Wilson Meany.

The new townhomes at The Cove Residences are a crucial part of this ambitious development, offering a connected, wellness-focused lifestyle within minutes of the city center.

The Townhomes within The Cove Residences on Yerba Buena Island

Image credit: Brian Kitts 

Ranging in size from 1,956 to 4,034 square feet, the newly developed townhomes come with two-, three-, and four-bedroom options, with prices starting at well over $2 million. Each unit will have its own private entrance and attached garage, with interior concepts by Meyer Davis —  a globally recognized New York City-based design boutique.

Designed to maximize views and natural light, every townhome features large bay windows, extensive terraces, and private outdoor spaces that showcase breathtaking views of the San Francisco skyline and Bay Area.

The homes are equipped with top-tier amenities, including gourmet chef’s kitchens, spa-style bathrooms, and some with private rooftop access and elevators.

The townhomes were designed by architecture firm Hart Howerton

Image credit: Brian Kitts 

Hart Howerton, the renowned architecture firm behind The Townhomes, has a storied history of crafting high-end residential and resort communities. Past work includes premier resort and private club communities like Kukio, Santa Lucia Preserve, and Yellowstone Club.

Their design for Yerba Buena Island’s townhomes integrates modern aesthetics with functional elegance, creating a living space that harmonizes with both the island’s topography and San Francisco’s architectural heritage.

Inspired by San Francisco’s iconic row houses

Image credit: Brian Kitts 

Drawing inspiration from San Francisco’s iconic row houses, the newly built townhomes reflect the city’s architectural tradition but with a modern twist.

These residences feature a contemporary interpretation of the classic row house design, making them a fresh yet familiar addition to the island’s landscape.

“The Townhomes draw inspiration from the finely crafted building traditions of San Francisco coupled with the latest innovations of building materials and technology,” says Tim Slattery, AIA, a Partner at Hart Howerton.

“The homes are organized in a series that steps with the terrain, creating a unique rhythm and identity for each home. This design approach embraces a variety of expressions that respond to both the island’s natural and neighborhood settings.”

Inside the Showcase Home staged by BraytonHughes

A model home is ready to woo prospective residents.

Image credit: Brian Kitts 

The BraytonHughes-designed showcase townhome spans 2,253 square feet, the 3-bedroom, 3.5-bath residence has floor-to-ceiling windows, spacious terraces, and a rooftop deck that overlooks the Golden Gate Bridge, Angel Island, Clipper Cove, and the marina.

Pairing maritime elegance with urban design, this home features a blend of natural materials and a color palette that complements its coastal environment. It’s adorned with modern art and offers luxurious fittings, including an art collection curated by the Jessica Silverman Gallery. 

Residents get to enjoy all the amenities of The Bristol

Image credit: Brian Kitts 

Townhome residents have full access to The Bristol’s posh amenities.

These include a well-appointed lobby, a rooftop terrace perfect for social gatherings, and a state-of-the-art fitness center, all designed to enhance the living experience and foster community interactions.

But dedicated new amenities are underway

Image credit: Brian Kitts 

Adding to the list of posh amenities, The Island Club — the wellness and community hub of the townhome development — is currently underway.

The upcoming Island Club promises to further enrich residents’ lifestyles with its comprehensive wellness and social facilities. This 10,000-square-foot sanctuary will feature a fitness area, spa services, outdoor pool and hot tub, and leisure spaces like a lounge, game room and library, all set against the scenic backdrop of Yerba Buena Island.

Aiming for LEED Silver Certification

Image credit: Brian Kitts 

In line with Yerba Buena Island’s commitment to sustainability, the Townhomes are designed for LEED Silver certification, emphasizing sustainable building practices and energy efficiency.

Each unit incorporates solar panels and uses high-quality, sustainable materials to minimize its ecological footprint.

Just a short ferry ride to downtown San Francisco

Image credit: Brian Kitts 

Yerba Buena Island’s proximity to downtown San Francisco — just an 8-minute ferry ride away — positions it as a desirable location for those who value quick access to the urban core while residing in a serene, natural setting.

The island offers extensive parks and recreational spaces, emphasizing its commitment to a green, sustainable lifestyle.

Sales start this Spring

Image credit: Brian Kitts 

Sales for the Townhomes at Yerba Buena Island are now open, with prices starting at $2.85 million. For more information, prospective residents are encouraged to contact the sales team or visit the Yerba Buena Island website.

More stories

This historic home off Lombard St. has some of the best views in all of San Francisco

The real ‘Full House’ house in San Francisco and where to find it

Mrs. Doubtfire’s house is hiding in plain sight in San Francisco

Source: fancypantshomes.com


With its collection of quirky and unique independently run shops, Etsy is where I go when I’m searching for items that will bring a wow-factor to my home. And even though I’m buying unique things, there are still a ton of shops that are affordable.

These are some of our favorite Etsy shops selling modern home decor even for those of us on a budget — proof positive your home can be unique and chic without depleting your savings account.

A version of this article was originally published in September 2017.

Source: sheknows.com

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Do you want to learn how to sell gold for cash? Selling your gold can be a quick way to make extra money and potentially turn a profit depending on if the price of gold increased.  Whether you have gold jewelry, gold coins, gold bars, or even dental gold, you can most likely make extra…

Do you want to learn how to sell gold for cash?

Selling your gold can be a quick way to make extra money and potentially turn a profit depending on if the price of gold increased. 

Whether you have gold jewelry, gold coins, gold bars, or even dental gold, you can most likely make extra money from it.

In this article, we’ll go over the strategies to turn your short stories into a profitable side hustle, and you will learn:

  • List of the best places to sell gold
  • How to calculate how much your gold is worth
  • What place gives you the most money for gold
  • If you have to pay taxes for the gold

Recommended reading: Where To Sell Jewelry: 12 Best Places For Extra Money

Best Places To Sell Gold For Cash

Here’s a list of the 11 best places to sell gold for cash.

1. Worthy

Worthy is an online auction platform specifically for selling jewelry and this is usually the best place to sell gold jewelry for cash. They buy jewelry (bracelets, rings, necklaces, etc.), diamonds, watches, platinum jewelry, and other valuables. The platform helps connect you to a group of professional buyers which may lead you to getting a better price for your gold. 

This is one of the best places to sell your gold due to the convenience and reliability of the website. Worthy is built with the seller and buyer in mind, making it as easy as possible to buy and sell jewelry. 

Here’s how to sell your gold on Worthy.

  1. Tell Worthy about the item by answering a few basic questions.
  2. Schedule shipping of the item via FedEx. Item is insured FedEx shipping by Worthy (and it is free shipping).
  3. Worthy prepares the sale by cleaning and photographing items for you.
  4. An online auction takes place where you can select a reserve price and the highest offer wins.
  5. Once your gold is sold, you’ll receive payment via bank transfer, PayPal, or check.

You can start selling your gold jewelry on Worthy by clicking here.

Recommended reading: Worthy Review – Is Selling Jewelry On Worthy Legit?

2. Cash For Gold USA

Cash For Gold USA is an online platform that buys gold, such as gold jewelry and gold coins, with benefits such as being A+ on BBB, $100,000 insurance on every shipment, with over $150 million bought and sold on the website.

Here’s how Cash For Gold USA works:

  1. Enter your shipping info to receive a free appraisal kit. Send your gold to Cash For Gold USA.
  2. Receive an appraisal from Cash For Gold USA within 24 hours of them receiving your kit.
  3. Accept an offer and get paid via direct deposit, PayPal, virtual credit card, or check.

Cash For Gold USA even has a gold calculator on their home page that gives you a rough estimate of what you can get for your gold. If you do not like the estimate or no longer want to sell your gold, you can decline the offer and Cash For Gold USA will return your item free of charge.

3. Express Gold Cash

Express Gold Cash is a reputable online platform for selling gold (even dental gold!). With over 5,000 positive Trustpilot reviews, you can feel peace of mind knowing you’re working with a reputable gold dealer.

This is how Express Gold Cash works:

  • Request a free appraisal kit with a prepaid FedEx return label.
  • Send Express Gold Cash your gold. Packages are insured up to $5,000, so keep that amount in mind.
  • Once received, Express Gold Cash will calculate the cash value and send you an offer that you can accept or decline.

4. The Alloy Market

Alloy is an online market that offers a seamless way to sell your gold for cash. Similar to Express Gold Cash and Cash For Gold USA, Ally works by sending in your gold via appraisal kit. Alloy covers shipping and up to $100,000 insurance at no cost to you.

Once receiving your package, Alloy will inspect, weigh, and test the gold to give you an accurate valuation. Once the team appraises the items, an Alloy Advisor will reach out to you and give you a cash offer. The Alloy Advisor can also answer any questions you may have.

Once you accept an offer, the payout is processed. How quickly you get your money depends on which payment option you choose. Choosing PayPal or Venmo pays out immediately.

5. Local Pawn Shops

Selling your gold to a local pawn shop is one of the quickest ways to get cash. Research local pawn shops in your area and check for reviews and recommendations from friends or family. Check current market prices for gold to get an idea of what your gold is worth. Bring your gold to the pawn shop for assessment where the pawnbroker will check for quality, purity, and weight of the gold.

The pawnbroker will give you an offer. If you don’t like the offer, you can negotiate for a higher price. If you accept the offer, the pawnshop will give you cash on the spot. If you pawned your items instead of selling them outright, you’ll need to repay the loan amount plus any interest fees within the agreed loan period.

6. Consignment Stores

A consignment store is a popular spot for selling gold for cash if you’re looking for a hands-off approach to selling your gold. Consignment stores work by handling the selling process on your behalf and in exchange, the consignment store earns a percentage of the sale price of your item.

To get started, research consignment stores in your area and look for places with good reviews and recommendations.

Once you find one (or some) that you’re interested in, give them a phone call and ask them about their terms and fees. You should prepare your gold items before taking them in by cleaning and making them presentable.

Bring your gold to the consignment store where they may assess the quality and condition of the item. Once that is finished, you’ll likely sign a consignment agreement with the store which includes the agreed-upon sale price, fees, and consignment period.

Once your gold is sold, the consignment fee will be deducted from the sale price and provide you with the remaining amount.

7. Local Jewelry Stores

Selling your gold to a local jewelry store is a convenient option if you want to make cash quickly.

You can start by researching local jewelry stores in your area to see if they buy gold. Also, make sure the jewelry store has good reviews and recommendations.

I recommend that you write down the details of the gold you want to sell such as the weight and purity, and then check the current market price of gold. Then, call local jewelry stores to see if they have specific days or times when they handle gold buying.

8. Local Coin Shops

If you want to sell your gold right away, a local coin shop may be a good option.

To get started, research local coin shops and check the reviews. Gather important details about your gold including its weight, purity, and any certificates or special documentation. Then, get in touch with local coin shops and schedule an appointment if necessary.

Before going to any local coin shops, check the current market price of gold to get a rough estimate of what gold is worth.

You may want to negotiate the price if the shop’s buying policies allow it. Shops need to make a profit when reselling these items, so keep that in mind when getting your offer. Online buyers may pay you more for your gold coins due to having less overhead costs, but going to a local coin shop may be easier or faster because you don’t have to ship anything.

9. eBay

eBay is another option for selling your gold jewelry. eBay has the benefit of an international customer base which may increase your profit.

To get started selling on eBay, research the current market price of gold to give you an idea of what you should sell your gold for.

In your eBay listing, use a descriptive title including the gold, weight, and purity. The description should include detailed info about the piece of gold including weight, purity (18k, 24k, etc.), dimensions, and certificates of authenticity. Include high-quality photos of the gold including close-ups. Share the condition the item is in and if it’s new, used, or like new.

10. JM Bullion

JM Bullion is a website that buys gold for cash. This site is rated 4.8 on Shopper Approved with over 370,000 reviews.

To get started, you need to create an account at JM Bullion. Similarly to other gold buying platforms, JM Bullion sends you a prepaid shipping label and package mailer so that you can send them your jewelry.

Once JM Bullion receives your package, they’ll get started inspecting your item and approving the sale. After approval, payment will be issued to you.

11. Luriya

Luriya is a New York-based jewelry buyer who has in-store appointments or mail-in kits to sell jewelry.

To get started, you can request a mail-in kit from Luriya and send your jewelry to them. The mail-in kits are insured for up to $1,000, but you can pay extra to have your items insured for up to $1,000,000.

Once the item is received, Luriya will contact you to confirm they’ve received it. Within 24-48 hours, you’ll have an offer.

How much will I get if I sell my gold?

The amount you’ll receive from selling your gold will depend on factors such as:

  • Purity and weight of the gold
  • The current market price of gold
  • Buyers fees (pawn shops and jewelers often charge a fee for their services)
  • Local market demand

To get an idea of how much you’ll receive for your gold, weigh your gold in grams. Check the purity and identify the karat of your gold. Once you know this information, you can research current gold prices which are usually quoted per ounce or gram.

You can also calculate the value of your gold with this equation:

Multiply the weight of gold by its purity (percentage of pure gold) and then by the current price of gold per gram or ounce. 

Understand that this is just a ballpark estimate to give you an idea and isn’t the exact amount you’ll receive.

Also, I do want to say that online gold buyers many times will pay more because as an online purchaser, they have lower operating costs.

Now, if we’re talking gold jewelry, then the amount will be a little different. This is because the value of jewelry can depend on so many things, such as the brand, quality, and more. To get the best price for your gold jewelry, then you may want to compare offers and shop around.

Frequently Asked Questions 

Below are answers to common questions about how to sell your gold for cash.

What place gives you the most money for gold? Where can I convert gold to cash?

The place that gives you the most money for your gold include options like local jewelry stores or pawn shops, auction sites like Worthy, and gold buyers and dealers.

To maximize your earnings for selling your gold, get quotes from multiple buyers to compare prices. Make sure any buyer you talk to is reputable and licensed and check with organizations like Better Business Bureau for complaints. 

How much is 14k gold worth today? How much is a 14K gold necklace worth at a pawn shop?

The value of 14k gold fluctuates daily based on the current market price of gold. As of April 2024, 14k gold price per gram is $43.68.

How much you’ll get at a pawn shop depends on their fees and overhead costs. Get quotes from multiple pawn shops and dealers to compare offers to ensure you’re getting a fair price.

Do I have to pay taxes when I sell my gold? 

Gold is considered an asset, so any profit you earn from selling your gold is taxed by the IRS. How much you owe depends on factors like:

  • How long you had the gold before selling
  • How much of a profit you make
  • Your tax filing status

Is it better to sell gold jewelry or pawn it?

Whether or not you should sell gold or pawn it depends on how quickly you need cash. If you need cash quickly, pawning gold jewelry at a pawnshop can get you cash quickly, even within the hour.

When you pawn gold (this is different from selling gold to a pawn shop), you’ll receive a loan amount based on the appraised value of the item. You’ll need to repay the loan, interest, and fees within the loan period to get your gold back.

If you’re not in a rush to get cash now, it may be better to sell your gold jewelry as you’ll likely get more cash this way.

How do pawn shops determine the value of gold?

Pawn shops determine the value of gold based on several factors, including:

  • Purity of the gold
  • Weight of the gold
  • Current market prices
  •  Condition of the item

What are the best places to sell gold for cash online?

The best places to sell gold for cash online include places like:

  • Cash for Gold USA
  • Worthy (if you want to sell gold jewelry for cash)
  • Express Gold Cash
  • eBay

Each platform has different fees, so make sure to read the fine print clearly and research reviews for each website from Better Business Bureau. You’ll also want to think about factors like shipping costs, insurance coverage, and payment methods for each website. 

Where can I sell gold for cash near me?

To sell gold for cash near you, there are a few options to try selling at. Here are some places you can sell gold for cash near you.

  • Local jewelry stores 
  • Pawn shops
  • Coin shops
  • Gold buyers and dealers
  • Local precious metals refinery

Best Places To Sell Gold For Cash – Summary

I hope you enjoyed this article on the best places to sell gold for cash.

If you want to sell your gold for cash and get the most money, you can try selling your gold on auction sites like Worthy or gold dealers. Evaluate your gold items based on purity and weight to get a better idea of how much your gold is worth.

I also recommend getting multiple quotes to compare offers so you get the best deal for your gold. Take the time to understand any fees that may impact your profit like overhead costs at pawnshops and other buyer fees.

Are you interested in selling your gold for cash?

Recommended reading:

Source: makingsenseofcents.com

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You can get a personal loan from many banks, online lenders, and credit unions. A type of unsecured loan, personal loans can be used to pay for just about any large expense.

You might use it to pay off credit card debt, an unexpected medical bill, or the cost of home renovations. Some people use these loans to fund a wedding or big vacation. Given the many ways these versatile loans can be spent, it’s no surprise that personal loans are a popular choice. Currently, 23.5 million Americans have unsecured personal loans, totaling about $245 billion.

If you’re thinking of getting a personal loan, read on to learn more about where you can get one and the pros and cons of each option.

Where Can You Get a Personal Loan?

In terms of where to get a personal loan, these loans are generally available through three main markets: banks, credit unions, and online lenders. (There are other types of personal loans available through physical storefronts and online, such as payday loans and pawnshop loans, but it’s wise to avoid these options. You’ll learn why in a minute.)

Banks

National and regional banks often offer personal loans, which you can typically apply for online or in person. A bank may be the first choice for consumers who are already account holders at that institution, especially since the loan amount can usually be deposited quickly and directly into their checking account.

Credit Unions

Credit unions are another popular option for where to source a personal loan — though generally, these loans are only available to those who are already credit union members.

Each credit union has its own eligibility requirements to open an account or otherwise do business with it, which may be based on where you live or what industry you work in. However, if you do have access to a credit union, you may find lower interest rates and more favorable terms there than at other financial institutions.

Recommended: Is It Hard to Get a Personal Loan?

Online Lenders

Online lenders have proliferated over the years. These days, a personal loan can be easy to find from one of these sources with just a few clicks.

Online lenders may offer instant or near-instant loan decisions. They also don’t require you to be a member of or an account-holder at any specific financial institution. That said, it may take longer to receive your check or transfer than it would if you were borrowing from a bank or credit union where you already hold an account.

Of course, you will want to carefully review the personal loan interest rates and fees you are offered.
💡 Quick Tip: Some personal loan lenders can release your funds as quickly as the same day your loan is approved.

Where Can You Get a Personal Loan With Bad Credit?

You can get a personal loan with bad credit from a few lenders, such as online ones and payday lenders, but it’s important to proceed with caution.

First, a little important background intel:

•   A personal loan with no collateral, also known as an unsecured personal loan, can be tough to qualify for if your credit history is less than perfect.

•   Since there’s no collateral, like a house or a car, for the lender to take if you fail to repay the loan, unsecured personal loans often come with steeper qualification requirements than other types of loans.

•   They may also have higher interest rates, especially for those whose credit could use some improvement. There are some lenders out there who specifically market their products to folks with lower credit scores — but beware. Sometimes these loans come with predatorily high interest rates and other drawbacks.

Online Private Lenders

The convenience and ubiquity of the online personal loan market is a mixed blessing. Sure, it’s easy to find a loan when you need one, but it’s also easy to fall into a bad deal.

Some online lenders specialize in offering loans for poor or no credit, but be sure to read all the fine print before you hit “submit” on your application. The loans may come with soaring interest rates, high origination fees, or hidden costs. Do your homework and vet the business you are borrowing from to make sure it’s legitimate. You may want to check with the Better Business Bureau to search for any complaints on file and for reliable, verified reviews.

Payday Lenders

Payday loans have been around for a long time, but that doesn’t mean they’re a good option.

Designed to be repaid quickly (i.e., at the borrower’s next payday), these short-term cash loans may be for small amounts, but often come with astronomical interest rates. According to the Consumer Financial Protection Bureau, it’s not uncommon for these quick-turnaround loans to have APRs as high as 400%!

In almost every instance, when comparing payday loans vs. personal loans, payday loans are worth avoiding. Other forms of unsecured loans will likely come with lower interest rates and more favorable repayment terms. Fortunately, it is possible to find loans from reliable lenders — even with imperfect credit.

Banks and Credit Unions

You can get a personal loan with bad credit from a few lenders, such as online ones and payday lenders, but it’s important to proceed with caution.

First, a little important background intel:

•   A personal loan with no collateral, also known as an unsecured personal loan, can be tough to qualify for if your credit history is less than perfect.

•   Since there’s no collateral like a house or a car, for the lender to take if you fail to repay the loan, unsecured personal loans often come with steeper qualification requirements than other types of loans.

•   They may also have higher interest rates, especially for those whose credit could use some improvement. There are some lenders out there who specifically market their products to folks with lower credit scores—but beware. Sometimes these loans come with predatorily high interest rates and other drawbacks.

Another place where you can go to get a personal loan of this sort is a bank or credit union. Each financial institution sets their own qualification requirements for their unsecured personal loans, so it’s worth shopping around to find the best fit for your financial needs. Additionally, they may have other products that could work for you, like secured credit cards or share-secured loans.
💡 Quick Tip: Just as there are no free lunches, there are no guaranteed loans. So beware lenders who advertise them. If they are legitimate, they need to know your creditworthiness before offering you a loan.

What Are Some Pros and Cons of Different Types of Lenders?

Now that you’ve learned about the main options for personal loan shopping, you can figure out which kind of lender is right for you. Each alternative comes with its own pros and cons. Here are some things to consider while you’re browsing.

Personal Loans From Banks

Pros of Personal Loans From Banks Cons of Personal Loans From Banks
You may get a discounted rate if you’re already a member. You may need to be an existing customer or have good credit to qualify.
Funds may show up more quickly if you have an existing account there. You may have to go to the physical bank to apply.

Personal Loans From Credit Unions

Pros of Personal Loans From Credit Unions Cons of Personal Loans From Credit Unions
Loans may come with lower interest rates and fees than other financial institutions. You’ll need to meet whatever eligibility requirements are necessary to be a credit union member in the first place.
Qualification requirements may be minimal. You may have to go to the physical credit union to apply.

Personal Loans From Online Lenders

Pros of Personal Loans From Online Lenders Cons of Personal Loans From Online Lenders
Online lenders make it convenient and easy to apply for a personal loan from the comfort of your home. It can be difficult to know for sure if you’re borrowing from a reliable, legitimate source.
A wide variety of lenders can be shopped for and compared easily through an online search. Some online lenders may charge high interest rates and other fees.

Choosing a Personal Loan Lender

No matter where you choose to apply for a personal loan, the best way to determine whether it’s the right loan for you is to look at the fine print. The lender matters less than the loan, and knowing what you’re agreeing to ahead of time is key to avoiding an unpleasant financial surprise.

Here are the most important factors to look for when shopping around for a personal loan:

•   Fees, such as origination fees, early repayment penalties, and late fees, can increase the total amount you’ll spend on your loan in no time. Ideally, you’ll want to look for a lender that charges few fees — or none at all.

•   Interest rates can vary widely with unsecured personal loans, from as low as 4% to as high as 30% or more. While your specific options will vary based on your credit history and other financial information, it’s good to shop around for the lowest possible interest rate.

•   Loan amount caps may be relatively small (e.g., $1,000) or very large ($100,000 or more). Whatever your financial need, you want to ensure your lender will offer enough for you to cover whatever expense you’re paying for.

Recommended: Personal Loan Calculator

The Takeaway

There are many personal loan lenders to choose from, including banks, credit unions, and online lenders. Whether you need money to pay for an unexpected expense, such as a car repair, or you’re planning the ultimate 40th birthday party, it’s wise to shop around and compare interest rates, fees, and speed of funding.

Think twice before turning to high-interest credit cards. Consider a SoFi personal loan instead. SoFi offers competitive fixed rates and same-day funding. Checking your rate takes just a minute.

SoFi’s Personal Loan was named NerdWallet’s 2024 winner for Best Personal Loan overall.

FAQ

Where is the best place to get a personal loan?

In terms of where to get a personal loan, there isn’t one “best” place. When comparing banks, credit unions, and online lenders, look at interest rates, fees, customer reviews, and how quickly the loan would fund to determine the option that suits you best.

Where is the best place to get a small personal loan?

Where to go to get a personal loan depends on a variety of factors. Would you be more comfortable working with a large lender or a small, community-based lender for your small loan? Do you already have an account at a financial institution that also makes personal loans? It might also depend on how much you want to borrow because different lenders have different borrowing ranges.

Where is the easiest place to get a personal loan?

If you’re looking for where you can go for a personal loan, it might be best to start at a financial institution where you already have an account. In that case, your financial information will be on record, making the process faster and easier. Although online lenders may promise super-fast funding, be sure to research options carefully and make sure the business is legitimate and interest rates are affordable.

Photo credit: iStock/solidcolours

SoFi Loan Products
SoFi loans are originated by SoFi Bank, N.A., NMLS #696891 (Member FDIC). For additional product-specific legal and licensing information, see SoFi.com/legal. Equal Housing Lender.

Financial Tips & Strategies: The tips provided on this website are of a general nature and do not take into account your specific objectives, financial situation, and needs. You should always consider their appropriateness given your own circumstances.

Third-Party Brand Mentions: No brands, products, or companies mentioned are affiliated with SoFi, nor do they endorse or sponsor this article. Third-party trademarks referenced herein are property of their respective owners.

Non affiliation: SoFi isn’t affiliated with any of the companies highlighted in this article.

SOPL-Q224-1855664-V1

Source: sofi.com

Apache is functioning normally

Living in Oklahoma means embracing a diverse array of experiences like urban excitement and rural tranquility. Whether you’re exploring the thriving metropolis of Oklahoma City, known for its cowboy culture and thriving economy, or immersing yourself in the eclectic charm of Tulsa, Oklahoma captivates with its warmth and hospitality. However, there are challenges to living in this state. In this ApartmentGuide article, we’ll uncover the pros and cons of living in Oklahoma, so you can learn what life is like in the “Sooner State.”

Renting in Oklahoma snapshot

Population 4,053,824
Avg. studio rent $657 per month
Avg. one-bedroom rent $722 per month
Avg. two-bedroom rent $896 per month
Most affordable cities to rent in Oklahoma Ponca City, Shawnee, Enid
Most walkable cities in Oklahoma Bethany, Tulsa, Stillwater

1. Pro: Expansive outdoor activities

Oklahoma offers a diverse range of outdoor activities, from the serene landscapes of the Wichita Mountains to the water sports paradise of Lake Eufaula. The state’s varied geography allows for hiking, fishing, and camping, providing residents with ample opportunities to enjoy nature and stay active.

2. Con: Tornado risk

The “Sooner State” is located in Tornado Alley, making it prone to severe weather events, including some of the most powerful tornadoes in the United States. This risk can lead to property damage and poses safety concerns for residents, especially during the peak tornado season. It’s essential to take necessary precautions to safeguard both your home and yourself from these natural disasters.

3. Pro: Rich cultural heritage

The state is steeped in Native American history, offering numerous cultural experiences such as the Red Earth Festival in Oklahoma City. Museums and cultural centers across the state celebrate Oklahoma’s indigenous heritage, providing educational and enriching experiences for residents and visitors.

4. Con: High humidity

Oklahoma experiences high humidity levels, especially during the hot and humid summer months, which can be uncomfortable for residents. The combination of high temperatures and humidity can lead to feelings of stickiness and discomfort, making outdoor activities less enjoyable.

5. Pro: Affordable cost of living

Compared to many other states, Oklahoma boasts an affordable cost of living. Housing, utilities, and daily expenses are generally lower, allowing residents to enjoy a comfortable lifestyle without the financial strain experienced in more expensive regions. In fact, in major cities like Tulsa, the average rent for a one-bedroom apartment is $899, making it an attractive option for those looking for affordable rentals.

6. Con: Limited public transportation options

In many areas of Oklahoma, public transportation options are limited, making it challenging for those without personal vehicles to navigate the state. This can be particularly problematic in rural areas, where distances between destinations are greater and services are sparse. Bethany is a prime example of a city with limited transportation as the transit score is 8, meaning there is minimal transit found in that city.

7. Pro: Friendly communities

Oklahoma is known for its warm and welcoming communities. The state’s small-town feel, even in larger cities, fosters a sense of belonging and support among residents, making it an attractive place for those seeking a tight-knit community atmosphere.

8. Con: High wind speed

Oklahoma’s open plains and prairies contribute to high wind speeds, which can be a downside for residents. These strong winds can cause property damage, power outages, and safety hazards, particularly during severe weather events like thunderstorms and tornadoes.

9. Pro: Vibrant local food scene

Oklahoma’s food scene is a hidden gem, with a mix of traditional Southern cuisine, Native American dishes, and modern culinary innovations. Whether you’re craving smoky barbecue from iconic joints like Leo’s Barbecue in Oklahoma City or savoring farm-to-table fare at trendy restaurants like The Bramble Breakfast & Bar in Tulsa, the state offers a rich dining experience that reflects its multicultural heritage.

10. Con: Economic dependency on oil and gas

The state’s economy is heavily reliant on the oil and gas industry, which can lead to economic instability during periods of low energy prices. This dependency affects job security and economic growth, posing challenges for residents dependent on these sectors.

11. Pro: Low taxes

Oklahoma has relatively low taxes, making it an attractive destination for retirees. Additionally, Oklahomans pay around $457 less than the 50 state average, allowing residents to keep more of their earnings. In fact, Oklahoma is ranked number 7 for the lowest income tax tax burden in the nation.

12. Con: Vibrant local food scene

Oklahoma’s distance from major cities can result in longer travel times and limited access to certain amenities. For instance, the state is several hours’ drive from cities like Dallas, TX, and Kansas City, MO, making it less convenient for residents to access larger urban centers for shopping, entertainment, or specialized services.

Methodology : The population data is from the United States Census Bureau, walkable cities are from Walk Score, and rental data is from ApartmentGuide.

Source: apartmentguide.com

Apache is functioning normally

Borrower Outreach, Servicing Oversight Products; TPO News; Bank Merger Announced; Brokers and RESPA

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Borrower Outreach, Servicing Oversight Products; TPO News; Bank Merger Announced; Brokers and RESPA

By:
Rob Chrisman

Mon, Apr 29 2024, 11:52 AM

“I accidentally rubbed ketchup in my eyes. Now I have Heinzsight.” In terms of foresight, looking ahead, there are some interesting things going on out there in Mortgage Land! How ‘bout the CapitalW Collective non-profit for women in mortgage capital markets? And Beeline’s Miguel Vega has been in the press lately with, “The Dream of Owning a Piece of America is a Dominant Theme in the Latino Community” and the company launching a Spanish-language version of its home loan experience this week. Something else that continues to be “interesting” is the question, “Are brokers violating RESPA every day?” This question is asked because brokering is a referral of a customer to a lender, right? HUD identified fourteen services normally performed in the origination of a loan (Section II, subsection C of the link above), and brokers usually do five out of the fourteen services, including taking the application, to get around RESPA. Mortgage attorney Brian Levy addresses the broker/RESPA issue in “RESPA, a whole(sale) lot of trouble.” Brokers, be careful that you’re the person actually originating the loan in terms of regulations! (Found here, this week’s podcasts are sponsored by Essex Mortgage. Essex specializes in providing exceptional mortgage subservicing solutions tailored to meet your specific needs. Looking to capitalize on your excess servicing strip? Check out Essex’s servicing offerings today!)

Lender and Broker Products, Software, and Services

In today’s regulatory environment, audits seem to be nonstop: Is your team ready? Clayton’s Servicing Oversight specialists can support your associates as they prepare for regulatory, GSE and investor audits, including customer contact evaluations, yearly validation of PRCI and RCSA and focuses on loss mitigation and foreclosure. Whether you need staff augmentation or help with audit responses, our experts are there for you. Clayton’s Servicing Oversight team provides audit support services across the entire mortgage servicing lifecycle. Contact Clayton’s Samantha Shanaberger to learn more about how Clayton Servicing Oversight can help your team tackle audits.

Winning Agent Business: The lender’s guide to building a strong referral network, updated for 2024! In the aftermath of the NAR ruling, agents are more incentivized than ever to show their clients value. That means they’re actively looking to partner with top-tier lenders in their market. Want to take advantage and grow your referral business? Maxwell just updated its Winning Agent Business eBook with new tips straight from agents to help you better network to create a strong funnel of referral leads. Download your free copy to learn qualities agents value in their lending partners, networking dos and don’ts, ways to become a go-to lender, and more.

In today’s competitive purchase market, the lenders who stand out are providing excellent, personalized, and consistent communication. This approach is key to attracting new business, keeping your current borrowers happy and retaining clients for life. In our new blog, we’re sharing how the Surefire℠ CRM and Mortgage Marketing Engine can help you streamline and improve your borrower outreach even further, so you’re prepared to thrive in today’s competitive purchase market. And by leveraging both Surefire and Encompass®, you’re able to deliver targeted content to the right contacts at the right moment. Read the full blog to gain all the insights.

Mergers and Acquisitions

UMB Financial Corporation (Nasdaq: UMBF) and Heartland Financial, USA Inc. (Nasdaq: HTLF) announced today that they have entered into a definitive merger agreement under which UMB Financial Corporation (UMB) will acquire Heartland Financial USA, Inc. (HTLF), in an all-stock transaction valued at approximately $2.0 billion.

HTLF is headquartered in Denver and has $19.4 billion in assets, $16.2 billion in total deposits and $12.1 billion in total loans, as of March 31, 2024. The combination of companies will create an entity spanning a 13-state branch footprint, adding California, Minnesota, New Mexico, Iowa and Wisconsin to UMB’s existing eight-state footprint, which includes Missouri, Illinois, Colorado, Kansas, Oklahoma, Nebraska, Arizona and Texas.

Within its 11-state footprint, HTLF does business as: Minnesota Bank & Trust, Wisconsin Bank & Trust, Dubuque Bank & Trust, Illinois Bank & Trust, Bank of Blue Valley, Citywide Banks, Premier Valley Bank, Arizona Bank & Trust, New Mexico Bank & Trust and First Bank & Trust.

UMB will host a call for the investment community on Monday, April 29, at 7:30 a.m. (CT) / 8:30 a.m. (ET). Interested parties may access the call by dialing (toll-free) 833-470-1428 or (international) 404-975-4839 and requesting to join the UMB Financial call with access code 397231. The live call may also be accessed by visiting investorrelations.umb.com or by using the following link: UMB Financial Conference Call. A replay of the conference call may be heard through May 13, 2024, by calling (toll-free) 866-813-9403 or (international) 929-458-6194. The replay access code required for playback is 182605. The call replay may also be accessed at investorrelations.umb.com.

If Borrowers Opt Out of DU and LP…?

I ran this note on Friday, and it caused a bit of a stir given the implications so I thought it was worth mentioning again. If this bill passes, what will it do to your underwriter staffing and efficiency?

California, which accounts for 20-25 percent of residential lending in the U.S. is considering AB 2930, basically giving consumers the right to “opt out” of automated underwriting tools. It could massively disrupt lending because of the ubiquitous use of DU/LP. California MBA CEO Susan Milazzo writes, “California MBA has concerns with AB 2930 (Bauer-Kahan), a bill that would require lenders to perform impact assessments related to automated decision tools (ADT), provide borrowers disclosure notices on the use of ADTs, and provide alternative manual underwriting options to consumers upon request. The bill would disrupt the availability of credit for California residents by imposing potentially conflicting regulations upon lenders who are already highly regulated by existing federal and state consumer protection laws, and are subject to regulatory oversight for identifying, monitoring, and controlling the risk of discrimination or bias. (Reach out to Susan with questions or to lend support defeating it.)

TPO and Investor News with Planet Home Details

Pennymac updated Jumbo LLPAs, effective for all Best-Efforts Commitments taken on or after Monday, April 29, 2024. View Pennymac Announcement 24-38 for more information.

In conjunction with enhanced enforcement from the GSEs, Pennymac will begin the review and remediation of inaccurate or improperly executed 4506-Cs at loan delivery. In addition to the requirements and best practices that were provided in Announcement 23-37, new requirements are listed in Pennymac Announcement 24-39.

Plaza Home Mortgage® has made updates in BREEZE: Appraisal Reconsideration new link, VVOE Fee Disclosed Upfront and New Buttons added.

Carrington Mortgage Services (CMS) added to its diverse non-QM lending offerings introducing Individual Taxpayer Identification Loans (ITIN) for its retail, wholesale, and correspondent lending customers. Although historically, borrowers seeking ITIN loans have sometimes been vulnerable to excessive interest rate loans, the ITIN loans offered by Carrington provide access to homeownership at fair interest rates for mortgages and normal terms. The product demonstrates the unique benefits of The Carrington Companies’ position as an asset manager gives homeowners, brokers, and sellers access to the company’s respectable liquidity as well as Carrington’s dedication to continually innovate as market conditions evolve.

ITIN borrowers can buy, refinance or invest in real estate with Carrington Mortgage Services.

Non-U.S. citizens who do not have a Social Security Number, but live and pay taxes in the United States and have an Individual Taxpayer Identification Number (ITIN) can now qualify for Carrington’s full suite of non-QM loan products. ITIN borrowers are now eligible for all four of our non-QM loan programs: Carrington Prime Advantage, Carrington Flexible Advantage Plus, Carrington Flexible Advantage, and Carrington Investor Advantage.

In accordance with the recently announced temporary enhancements the GSEs made to the HomeReady and Home Possible programs, Citi Correspondent Lending is accepting loan submissions for these programs with VLIP credit. View the complete announcement addressing both Best Efforts and Mandatory Desk loans.

Introducing a unique opportunity from Angel Oak Mortgage Solutions, a First Lien Business Bank Statement Home Equity Line of Credit (HELOC) tailored specifically for homeowners who own their homes free and clear. Compelling benefits for these homeowners: Competitive rates and terms, Convenient access to funds for various needs, Streamlined application and approval process. If you have clients who own their homes outright and are interested in leveraging their equity with a First Lien HELOC, Angel Oak Mortgage Solutions can assist.

Planet Financial Group, LLC, parent of national mortgage lender and servicer Planet Home Lending, LLC and Planet Management Group, LLC, had quite a first quarter. In the first three months of the year, Planet earned Fannie Mae’s coveted Servicer Total Achievement and Rewards (STAR™) Program recognition, brought to market a suite of proprietary home loan programs targeting the unique challenges facing today’s homebuyers, was awarded Top Workplace USA for the fourth year in a row, and became the #4 Ginnie Mae correspondent lender and #8 Ginnie Mae servicer. The company saw volume grow by 255 percent for the retail retention division, which continues to hold an 89 percent recapture rate, and sub-servicing AUM increase by 33 percent, $11B of non-agency assets.

Planet’s total servicing portfolio ended the quarter at $106.44 billion, up 2 percent from $104.69 billion in the fourth quarter of 2023. At quarter end, Planet was the #8 Ginnie Mae servicer, and #14 servicer overall, according to Refinitiv. Since 2019, Planet’s Servicing division has posted a compound annual growth rate (CAGR) of 42 percent. Residential sub-servicing volume ended the quarter at $10.8 billion, up 33 percent from $7.2 billion at quarter end 2023. Planet manages and services a diverse range of residential and commercial asset classes, including non-QM, Debt Service Coverage Ratio loans, Residential Transition Loans, small-balance commercial properties, multifamily and Single-Family Rental. Planet moved into the Top 10 nonprime servicers and the Top 20 non-agency MBS issuers. Over the past year, Planet’s market share in nonprime has more than doubled from 1.1 percent to 2.4 percent, the latest available Inside Nonconforming Markets data shows.

Planet’s residential origination volume was $4.39 billion for Q1 2024, down 6 percent from the prior quarter, on par with the MBA’s projection for overall origination volume. Recapture originations increased to $323 million in Q1 2024, a rise of 255 percent compared to $91 million in Q4 2023. Planet’s verified recapture rate continued to outpace industry benchmarks, rising to 89 percent for loans originated by the company’s retail branches and 62 percent overall.

Correspondent volume was $3.94 billion, down 11 percent from the prior quarter volume of $4.41 billion. Planet’s correspondent market share rose from 4.2 percent at yearend 2022 to 6.0 percent at yearend 2023, according to the latest data available from Inside Mortgage Finance. Since 2019, the Correspondent division’s CAGR was 32 percent.

The correspondent customer base held steady despite continuing M&A activity and exits in the retail market. Nearly two-thirds of Planet’s correspondent partners lock loans on a monthly basis. Ending the quarter, Planet was the #5 correspondent lender overall and the #4 government correspondent lender, according to data from Refinitiv.

Capital Markets

Last week we learned that in the first quarter Gross Domestic Product growth fell short of expectations at a 1.6 percent annualized pace despite strong consumer spending. Personal consumption increased by 2.5 percent, driven by a 4 percent rise in spending on services. Personal incomes rose by 0.5 percent, while personal consumption increased by 0.8 percent, driven by healthcare and housing. The Personal Consumption Expenditure (PCE) deflator reading rose to a 3.7 percent annualized rate, but March’s personal income report suggested inflation peaked in January and didn’t steadily rise throughout the quarter.

Accordingly, this news, and the news for some months now, suggests that the Fed is expected to remain patient in shifting to a less restrictive monetary policy, with markets adjusting expectations to fewer rate cuts later in the year. Separately and fortunately, home builders are still delivering completed homes despite higher rates, evidenced by new home sales being up 8.8 percent in March.

It’s a big week this week for scheduled economic news, as all eyes will be on the Federal Reserve on Wednesday and the jobs report on Friday. Investors will look for more direction on whether the economy is heating or cooling as well as the Fed’s updated thoughts on inflation. Other highlights this week include the Quarterly Refunding announcement, house prices, consumer confidence, PMIs, ADP employment, construction spending, productivity / unit labor costs, and factory orders. The week gets off to a quiet start with one data point due out later today, the non-market moving Dallas Fed Texas manufacturing for April. We begin the last week of April with Agency MBS prices better .125-.250 from Friday’s close, the 10-year yielding 4.61 after closing Friday at 4.67 percent, and the 2-year at 4.97.

Brokers Wanted

“Mortgage Brokers! 2024 is the year to grow and we want you to join our movement, the #KindMovement! Hear from subject matter experts and leaders about market trends, broker technology, and what’s happening here at Kind and within the mortgage industry. Join us on Friday, May 10th at noon PST (2 CST/3 EST) and hear from our very own Kind Ambassadors, Mary Malloy, EVP of Capital Markets, Mark Russell, CTO and technology visionary, and Delfino Aguilar, Chief Production Officer of TPO. Visit our events page to register and reserve your seat or click here! We hope to see you there!”

Don’t forget that anyone can post a resume for free at www.lendernews.com. Employers can view resumes for several months for the nominal charge of $75.

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Source: mortgagenewsdaily.com