How to obtain a Home Loan by taking Help of Expert Finance Broker?

Searching for a home loan is not like buying a pair of shoes or a shirt. Despite being experienced, many consumers have realised that finding a suitable home loan is riddled with complexities. If you are worried about obtaining the loan package, you can consult an expert finance broker. Don’t confuse between a loans officer and a finance broker.

The Difference between a Finance Broker and a Loans Officer

Loans Officer

You can get a home loan directly through a lender (e.g. bank, credit union, building society, etc.). If you decide to go through a lender, you will probably be dealing with a “loans officer” who will identify which of the lender’s portfolio of loan products will suit your needs, instead of searching the entire market for a suitable loan.

You may also find that the loans officers employed by lenders expect you to have a full knowledge of home loans. They even ask you if you want a fixed or a variable loan. But, they forget to give you an explanation of what they are and how they work.

Finance Broker

You can also go through a finance broker who has a full knowledge of how home loans work. They can explain to you the various credit policies and lending requirements for all lenders/credit providers as they deal with them on a regular daily basis.

So, before you start searching for your next home loan, you should seek the assistance of a professionally qualified and expert finance broker who will save you lots of time shopping around and is willing to provide you with a number of comparisons of the different interest rates and loan products available in the market.

Here is a list of reasons why finding an expert and independent finance broker can be beneficial for you:

>> They will methodically analyse your financial situation before undertaking a review and research of your individual needs and objectives;

>> They know the interest rates and lending criteria for different lenders/credit providers, and they can negotiate on your behalf;

>> They will help you put your loan application together and will obtain all the relevant documentation the lender/credit provider needs; and

>> They will work with you to get a pre-approved home loan (after you have decided which home loan product you want).

So, now you know that dealing with a loans officer employed by your local bank branch will limit your available choices of suitable loan products, and you will be required to do all the shopping around.

Truly, having an independent and expert finance broker on your side will save you lots of time and stress. It is because a finance broker will negotiate your eligibility for a home loan, not to mention get you the best deal that suits your individual needs and objectives.

How To File Important Forms By Companies?

Tax filing is an essential obligation for every company/individual. Companies face problems in processing and filing the taxes according to their transactions. It requires lots of skills and expertise for taxpayers to complete the process according to latest taxation rule. This is why companies are hiring accountants or taxation expert in processing the forms accordingly. The taxpayers need to bear heavy fine for not filling the forms according to deadline set by internal revenue service. Companies following the traditional way of tax filing face most problems. There is increased risk of getting the forms rejected due to mistakes in forms. This is why the companies are using online tax filing to ensure faster tax payment to government. In this way, the companies can save their time and money to dedicate in making strategies for marketing effectively. Let us look at the effective method of taxpaying in US.

Most of the companies are using online tax filing for numerous reasons. The traditional method is slow and risky as there is increased chance of getting mistakes in forms. No provision is there to edit or correct the mistakes immediately leading to rejection of forms. But, filling the forms through online media provide lots of time to taxpayers to edit the form and tax statement reaches IRS office within seconds of sending. But, it takes near about a month to reach by sending through post. This is why more than 75% of total taxpayers are using online tax filing these days. E-file for business 1099 forms to show the taxes to the government immediately. This is why the business is using the online tax filing instead of traditional process in filing the forms. It is cheap, effective and quick to pay the tax to Federal state.

Companies are hiring skilled professionals to perform their work for development and growth in industry. In return of their services, company pays remuneration to the professionals with regular wages. But, it is duty of a company to report the total wages paid to the employees during a year. This is why the companies are trying to file W-2online to show tax-wage statement immediately to the government. Companies filing the employee’s forms through online media can easily complete and avoid the penalty for late payment. Even the forms can be outsourced to taxation expert to complete processing instantly at cheap price of the market.

Apart from regular remuneration, special privileges are provided to the employees by the companies during a year. The different privileges provided to the employees are renting, royalties, social security, medical insurance, award, and prize during a year. But, it is duty of a company to show total miscellaneous incomes paid to the employees. File 1099 Misc form to show total miscellaneous income paid to the employees during a year. This form is filled if total income paid is more than 600 dollars annually. Numerous taxation experts are helping the companies to file their tax forms at affordable price. Provide the tax detail and rest of the work will be done by the professionals in the market. A confirmation email is send to the taxpayers upon completion of process. Take help of our taxation expert in filing the forms easily at just 1.25 dollar per form.

LED Lighting Terms Everyone Should Know

Basic lighting terminology
Light emitting diode (LED)
LED (short for Light Emitting Diode) is a two-LED semiconductor light source that emits light when an electric current is passed through it. During this process, energy is released in the form of photons. Without getting too technical, what you really need to know is that LEDs are more efficient at converting energy into light compared to incandescent and fluorescent models. Consuming less energy, LEDs last much longer and don’t generate as much heat as traditional picture lights, for example.

Built-in LEDs allow you to get a thin profile with a thickness of 1/2′′. Today, more and more lighting fixtures use built-in LEDs. These are LEDs built into the luminaire on a permanent basis, as opposed to devices with removable LED lamps. The advantage of built-in LEDs is that they allow lighting manufacturers to create sleeker and thinner fixtures. With a thickness of less than 1.5 cm, these innovative LED models can be installed in places where no other recessed luminaire can. For example, a lot of LED users like to install them to highlight art, and all modern picture lighting is based on a LED lighting.

So how long do LEDs last? A very long time! Most LED bulbs typically last between 25,000 and 50,000 hours. For comparison, a typical incandescent lamp lasts about 1,000 hours, up to a maximum of 2,000 hours. LED lighting does not burn out like traditional light sources; instead, it slowly fades over time. Often, when buying an LED fixture, you will see the inscription “50,000 hours to 70 percent” (“L70″). This means you can expect LED lighting to last at least 50,000 hours, by which time it will be at least 70 percent of its original power (down 30 percent). The long lamp life combined with the low power used to create the light is what makes this technology so promising.

One of the best things about LED technology is that it allows you to create your own custom lighting design using different color temperatures, brightness, warmth and efficiencies.

Correlated Color Temperature (CCT)
Most LED fixtures offer a choice of color temperatures in various shades of white. This temperature, or CCT, is measured in degrees Kelvin (K) on a scale of 1,000 to 10,000. The higher the Kelvin, the closer the luminaire’s color rendering is to real sunlight. Warmer whites typically have a temperature of 3000K or lower, while neutral whites typically have a temperature of 4000K. Temperatures of 5000K and above on the Kelvin scale result in “cool” white light. Typically, the Kelvin temperature for commercial and residential lighting fixtures is somewhere between 2500K and 5000K. It is important to consider color temperature when choosing a light fixture so that the look and feel of the light matches the mood and atmosphere you are trying to create.

Color rendering index (CRI)
The CRI scale gained popularity as LEDs became more widely used in homes. CRI goes hand in hand with color temperature in choosing the right lighting for your application. Basically, CRI is an assessment of how well a light source renders the colors of objects in their natural form. Think of it this way: in today’s social media world, we’re used to seeing things shown through various filters and apps that change how an object or item looks in real life. The goal of CRI is to remove the filters and accurately display colors as they are, from a piece of art hanging on the wall to food being prepared in the kitchen. On a CRI scale of 1 to 100, LED light sources with a CRI of 90+ are considered the best in terms of color rendering. The higher the CRI, the more accurate colors will appear under LED lighting.

Power and luminous flux (watts and lumens)
When shopping for LED lighting, you often see lumens and watts being used together. For example, Lm/W = lumens per watt. Many people think of watts as a measure of light output. In fact, it is the number of lumens that is used to measure the “perceived power” of light. The more lumens, the brighter the light appears. A watt is a unit of electrical power that measures the amount of energy you use, which is what you pay for on your utility bills.

“Lumens per watt” is an important consideration when buying LED lighting. For example, a certain LED lamp can consume as little as 9 watts while providing 1000 lumens. At the same time, an equivalent incandescent lamp consumes 100 watts to produce the same number of lumens.

Dimming
Lighting control is becoming more and more popular, as is consumer demand for a smart home. Being able to adjust the level of light in a room is very important, so we recommend using dimmers wherever possible. Good LED lighting manufacturers use dimmable LEDs, but it’s important to always check this when buying and don’t assume that every fixture is dimmable. Dimming is another way to save energy and reduce operating costs.

Other useful terms
Line voltage and low voltage
Line voltage is the standard voltage used in sockets and junction boxes – 220 V in the post-Soviet space, 110-120 V – in the USA, Canada and a number of European countries. Therefore, line voltage luminaires, in fact, support the principle of “plug-and-play” – “plug and play”.

Low voltage lighting typically uses 12V or 24V and requires a transformer to step down the mains voltage to avoid the low voltage bulb from burning out. The transformer for low-voltage lighting is either built into the light fixture (driver for the lamp) or located separately (power supply for LED strips).

Rating L70/LM80
As mentioned above, L70 is simply a measure of the time it takes a light source to degrade to 70 percent of its original output. LM80 is an approved test method that is used to measure the lumen depreciation of LED light sources.

“Listed as DLC”
In many countries, energy companies offer discounts when a commercial building changes its lighting to LED. DLC is a list of approved LED luminaires used by energy companies to provide these discounts. Your luminaire must be included in this list to receive the discount for switching to LEDs.

IC Rated

IC stands for “insulating contact”. An IC-rated recessed luminaire can be used in an insulated ceiling (e.g. stretch or plasterboard suspended) without the risk of overheating.

As more businesses and homes are switching to LED lighting, it’s important to know what these terms mean when shopping for fixtures. Of course, our team is always ready to help clients if they have questions or need additional information.