SKYDAN Blog
Stay up to date with all things SKYDAN with our Blog
SKYDAN Blog
Stay up to date with all things SKYDAN with our Blog
HELOC vs. Home Equity Loans vs. SKYDAN: Which Should You Choose?
If you have equity in your home, there are many ways to unlock the wealth it's accumulated. You can try to apply for a home equity loan or home equity line of credit (HELOC), but most banks make it difficult for individuals with a poor credit score...
Why Home Equity Partnerships Are A Better Alternative to Bankruptcy
If you’ve fallen behind on paying your bills and are in considerable debt, you’ve likely considered several different relief options. Many people faced with overwhelming debt choose to file for Chapter 13 bankruptcy. While this type of bankruptcy...
COVID Mortgage Forbearance and its Expiration
It's no secret that the COVID-19 pandemic changed the way we think about how business is conducted and how our current economy is organized. Many Americans unfortunately lost their jobs or were otherwise unable to earn their normal salary -- so...
How to Refinance Your Home with Bad Credit
The year 2020 saw national mortgage rates plummet to all-time lows, mostly due to the coronavirus pandemic. This drove millions of Americans to capitalize on low borrowing costs. Illinois mortgage rates followed this trend. Even though the...
Avoid These 5 Home Equity Loan Risks
We’ve all seen the ads: happy couples frolicking on a beach or climbing Machu Picchu all because they decided to turn to home equity loan lenders for the cash to make it happen. But before you cross something off your bucket list using the equity...
If Your Client Wants to File Chapter 13 Bankruptcy, Try This First
If your client is considering filing for Chapter 13 bankruptcy, they need to know every detail about that decision -- the good and the bad. Here we go over how you can advise your client to steer them in the right direction as well as alternatives...
Looking For a Mortgage For the Self-Employed? Here Are Some Options…
One of the most common elements that traditional mortgage lenders look for in a candidate is stable income and a history of reliable employment. This begs the question: what if I'm self-employed? Being self-employed presents an interesting hurdle....
4 Major Reasons Households in Forbearance Won’t Lose Their Homes to Foreclosure
There has been a lot of discussion as to what will happen once the 2.3 million households currently in forbearance no longer have the protection of the program. Some assume there could potentially be millions of foreclosures ready to hit the...
It’s Not Too Late To Apply For Forbearance
Contact Us Over the past year, the pandemic made it challenging for some homeowners to make their mortgage payments. Thankfully, the government initiated a forbearance program to provide much-needed support. Unless they’re extended once...
When Banks Say No, We Say Yes
SKYDAN Equity Partners is the home equity solution you can turn to when banks turn you away because of bad credit. Our home buy back program allows you to avoid foreclosure, settle your outstanding debts, improve credit score and avoid predatory high-interest bank loans. We don't want you dealing with the hurdles of traditional home refinancing. This means there are no credit checks, no mortgage payments, no interest, and no added debt.