Newsletter

IronLinks is excited to continue growing in our financial and insurance departments. We’re currently appointed to offer coverage through a variety of well respected companies that are considered to be among the best in the industry, including Erie Insurance, Travelers, Victoria, Access, Foremost, Progressive Insurance, etc. With the help of our carriers we place a strong emphasis on saving our clients money while improving service. Our variety of coverage plans are prepared to meet your needs. This is exciting ground for the company, which seeks to serve its customers in a variety of ways while remaining their broker of choice.

Overseen by CEO Paul Kettering, IronLinks Investments, Inc. performs construction/renovation management, trade work and consulting needs on every front. They’ve continued their work in the city of Lancaster and beyond, renovating a variety of homes which face building challenges.

IronLinks Financial, Inc. specializes in finding the right loan for each individual borrower. We work with a large variety of banks, offering hundreds of programs to meet every customer’s needs. Among other services, we’re still focused on Residential and Commercial loans, as well as credit repair, and translations in English/Spanish, as well as English/French. We are dedicated to finding practical credit solutions for our customers. Under Chief of Operations Cinthia Kettering’s leadership, the financial department continues to grow, as we tailor loans to the individual-working to achieve the best available rates.

Company History:

• IronLinks Investments Incorporated was established in August 2005 to provide specialized project contracting, estimating and planning. This division is a real estate investment company specializing in the purchase and renovation of blighted properties for retail sale.
• IronLinks Financial Incorporated was established in April 2006 to service customers by providing a broad scope of financing solutions, ranging from home mortgages to commercial loans.
• IronLinks Insurance was established on February 2008 to provide insurance products such as Home Owners, Auto, Motorcycle/Boat, Life, Health, Commercial, etc.
  
  

Increase Your FICO Score

Pay off your bills on time. Delinquent payments, even if only a few days late, and collections can have a major negative impact on your FICO score.

Don't close unused credit cards as a short-term strategy to raise your FICO score. This approach could backfire and actually lower your FICO score.

A secured credit card is a great way to establish credit easily, and no credit check is required to get started!  Contact IronLinks or stop in today for more information.

Now Accepting Foreign Drivers Licenses!

Don’t have a U.S. driver’s license?  No problem!  We can still help to provide you with the best insurance coverage available. 

Worried about Identity Theft

For approximately $20 a year you can add identity theft coverage to your homeowner’s or renter’s policy.

Call or stop by for details.

Whatever the case, life insurance is a necessity and is more affordable than you may think. Below are different kinds.

-Term life insurance is a popular form of coverage that allows you to purchase large amounts of protection at attractive premium rates.

-Universal life insurance provides financial security for your family or business by combining the best features of term and permanent life insurance. It includes life insurance protection with an account value that earns tax-deferred interest. It can also be adjusted to meet your changing needs. It also is very flexible because you can vary your premium payments.

-Cash Value life insurance is an insurance where the premiums charged are higher at the beginning than they would be for the same amount of term insurance. The part of the premium that is not used for the cost of insurance is invested by the company and builds up a cash value that may be used in a variety of ways.

-Whole Life insurance covers you for as long as you live if your premiums are paid.

-Variable Life insurance is where the death benefits and cash values depend on the investment performance of one or more separate accounts.

Credit Repair Tips

What is a credit bureau score and how do lenders use them?

A credit bureau score is a number, based upon your credit history, that represents the possibility that you will be unable to repay a loan. Lenders use it to determine your ability to qualify for a mortgage loan. The better the score, the better your chances are of getting a loan.

There are three major credit reporting companies: Equifax, Experian, and Trans Union. It's a good idea to get copies from all three companies to assure that there are no mistakes, since any of the three could be providing a report to your lender. Once you receive the report, it's important to verify its accuracy. Double check the "High Credit Limit”, “Total Loan," and “Past Due" columns.

Here are some useful ways to help improve your credit score:

• Pay your bills on time.
• Do not close old credit cards, even if you rarely use them. They still have a positive effect on your credit because it adds to your credit history and trade lines. It’s not a good idea to build up too much debt on one card, because even if it’s still less than your maximum credit limit, it can actually lower your score as your debt ratios on each card are taken into consideration.
• Try to even out your debt among your cards so that the debt to your credit limit ratios stays around 30%.
• Removing errors on your credit report may improve your credit score.
• Keep proof of all items paid (ex: medical collections charge offs). Then you can submit it to the credit bureau asking them to update your credit history.

Buying vs. Renting

A home is an investment. When you rent, you write your monthly check and that money is gone forever. But when you own your home, you can deduct the cost of your mortgage loan interest from your federal income taxes, and usually from your state taxes.
 
This will save you a significant amount each year, because the interest you pay will make up most of your monthly payment for most of the years of your mortgage.
 
You can also deduct the property taxes you pay as a homeowner. In addition, the value of your home may go up over the years. Finally, you'll enjoy having something that's all yours - a home where your own personal style will tell the world who you are.

Owning a New Home

IronLinks Financial, Inc. is committed to helping you find the right mortgage product for your needs. We understand that every borrower is different, and we offer a variety of products to meet your individual requirements. We assist in the process of securing a mortgage by offering the most current program options that enable you to make smart financial choices. Whether you would like to reduce your current mortgage payments, receive “cash out” for home improvements, or buy your first home with no down payment, IronLinks Financial, Inc. has a program that meets your goals.

Contact us now and have a loan officer discuss your individual mortgage goals in detail to find the ideal loan program for you at the best rate. We specialize in working with clients who have unique borrowing circumstances such as a challenged credit history, a recent foreclosure, bankruptcy or self-employment. We also specialize in credit repair and can truly help you achieve your credit goals in as little as three months. There is always a member of our staff available in our office to speak with you. We welcome your questions regarding the mortgage process.

Five Reasons to Buy a New Home:

• Improved quality of life. People spend more than half their time at home.
• Annual tax deductions. A home is one of the best tax shelters available since you can deduct mortgage interest and property tax from federal and state income tax returns.
• Increasing your personal wealth. With most home purchases, you gradually increase the amount of house you own while decreasing the amount you owe.
• The options and amenities you want.
• Mortgage rates are low. Current mortgage rates are historically low, so take advantage of this time period.

Refinancing Your Mortgage

Stop paying high rates! Now is the time to refinance if you have an adjustable rate mortgage, need extra money to pay off old debt or to invest. Because of the decline in the real estate market, houses are less expensive and this is a perfect opportunity to purchase investment properties. You can buy a 3-4 unit multi-family with as little as 5% down. Don’t miss out on this chance to invest your money. For more information on rates or programs, contact us.

Commercial Loans

Business owners should not pay for a lease when they can buy and increase their wealth. Commercial loans are not difficult to procure. One of the fastest methods of securing your company’s financial future is through the acquisition of physical assets. Once that is complete, a business may borrow against its equity for the needed working capital required during times of growth.

Completing a Loan Application

There are certain items that you will need to complete the loan process. They may include, but are not limited to the following:

• ID
• W-2 (For the last 2 years)
• Two most recent pay stubs
• Proof of other type of income (child support, alimony, disability, pension, etc)
• Two most recent bank statements (All pages)
• Asset information (Retirement, 401K, IRA, etc)
• Two years of Tax Returns with all schedules
• If you own rental properties, please bring rental agreements.
• Home Buyers Seminar

CALL TODAY TO RESERVE YOUR SEAT. AVAILABILITY IS LIMITED. PLEASE CALL FOR INFORMATION.

We are a PA Licensed and a Bonded Financing Corporation.

Read our Newsletter in Spanish

Click Here to Read Now