RP Funding: Creating a Credit History
Picture two average, everyday millennials — the early thirties, decent income, both ready to become first-time homeowners. Now, imagine these individuals are in line at the local bank to inquire […]

RP Funding: Mortgage Rates – Make Sure Yours Is as Good as It Gets
All mortgages are not created equal. In fact, with countless options, rates, and terms to choose from, there’s a lot to consider […]

Magical things are happening in Lakeland, Florida – and a homegrown treasure is waving the wand.
Hometown Commitment
RP Funding President and CEO Robert Palmer has deep roots in Lakeland. As a Class of 1998 graduate of […]

What Happens To Your Credit When You Cancel a Credit Card?
RP Funding CEO Robert Palmer discusses the impact canceling a credit card will have on your credit score and your ability to buy a home.
You […]

Pop quiz! (I always hated those in school) But here we go.

Question 1: You are standing in line at a department store waiting to make a purchase. You pull out your wallet and look at […]

There’s a — it’s a pretty cool concept — for a lot of people they get paid 26 times a year, bi-weekly.

So, if you get paid every two weeks, you get 26 paychecks a […]

Here’s the beautiful thing, Rob. Let’s say you have a financial need to get your hands on some cash. Maybe you have a large retirement account. But guess what? If you tap into that, […]

Here’s the deal. The government said you know what, we want to make sure it’s very easy for people to take advantage of refinancing their mortgage if rates get lower. Because normally, you’ve got to jump through […]

Will a Balance Transfer Solve Your Credit Card Debt?
What is a Balance Transfer?
A balance transfer is when you move an existing credit card or loan balance to a different credit card account to pay it […]

Understanding Credit with RP Funding: Does a Zero Credit Card Balance Help or Hurt Your Score?
Well Robert, I know you tell us to pay off our credit cards every month, but do we pay them […]

RP Funding Credit Corner: New Credit Cards Targeted by Fraud Scammers
Consumers and business owners have recently been issued new, chip-enabled cards from their credit card company. Chances are, you recognized the metallic chip on the […]

Take a moment and look at your mortgage statement. If you see a fee for PMI, you are paying a Private Mortgage Insurance monthly.

What is PMI?
PMI is a risk management product that lenders use to […]

RP Funding Credit Corner: How Paying Your Credit Card Bill on Time Saves You Money
 

Although many people believe that in order to build credit, you need to carry over a balance from month to month […]

Where Do You Rank: RP Funding’s Credit Score Guide
Are you a credit risk? The way that lenders (like RP Funding) determine this is your credit score. A good credit score indicates that you are financially […]

Many people will finally make up their mind to forget the landlord and buy themselves a home. So they load up the family in the car and head toward the community where they would like […]

RP Funding Speaks Out: Should You Get an Adjustable Rate Mortgage?
A lot of people have heard the phrase adjustable rate mortgage or ARM. But what is an adjustable rate mortgage? Are there advantages in having […]

Take a moment and look at your mortgage statement. If you see a fee for PMI, you are paying a Private Mortgage Insurance monthly.

Who Pays Private Mortgage Insurance Fees?
Robert Palmer recently discussed PMI on Saving […]

Anyone who has looked into buying a home has discovered a world with its own language. You might have thought it would be relatively easy to move. Just find a house you like, find someone […]