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This will allow you to qualify for other loans or credit cards, which will further build your credit history so that within a few years you can qualify for a mortgage. You can prepay at any time, without a penalty. You can rely on us. An allowance for the cost of housing and food while attending college or career school. Relocating: These loans can help you keep your stress down when moving. Purchase transaction fee may apply, depending on which fee plan you selected. It's just a way for a lender to help ensure a debt gets paid back. You may also be required to provide projected financial statements either as part of, or separate from, your business plan. This will put you on the path to better credit (and consequently, better credit offers in the future. If you already own a home and have equity in it, you might want to consider getting a home equity line of credit.