What are some good personal finance questions?

10 Basic Personal Finance Questions You Need to Answer

• Is your emergency fund sufficient?
• If your emergency fund is sufficient, other than saving for retirement or your children’s education, are you done saving?
• If you have children, how will you help fund their education?
• What would happen if you were to lose your job?

Can you trust your financial advisor?

An advisor who believes in having a long-term relationship with you—and not merely a series of commission-generating transactions—can be considered trustworthy.

What are the requirements for a figure line of credit?

Figure requires hazard insurance for all properties and flood insurance for properties located in flood zone A or V. You may be required to provide proof of insurance after your loan is closed. What can I do with a home equity line of credit?

Do you have to be the owner of a figure property?

Figure lends to individuals whose subject properties are held solely or jointly with others, or by revocable trusts. In order to obtain a loan from Figure, your name must appear in the county records as the owner of the property. Do you lend to investment properties and second/vacation homes?

What is the origination fee for figure home equity line?

Figure only charges an origination fee, which is the cost for us to provide you with a loan. Some members may qualify for an option at a 3% or 4.99% origination fee of the initial draw amount based on their credit profile and the state where the property is located.

What kind of questions should you ask a financial advisor?

A real, meaningful relationship with a financial advisor requires thoughtfulness, good judgement and experience to guide you through life’s many chapters. So in order to make sure you find the right person to fill this important role in your life, you need to make sure you ask them the right questions.