A mortgage loan officer is a professional who helps potential home buyers with the financial aspects of the home buying process. Checkout this video: Mortgage Basics A mortgage loan officer is a person who originates, processes and underwrites mortgage loans. Mortgage loan officers must be licensed with the NMLS Define a mortgage A mortgage is…
A Loan Disclosure is a document that outlines the key terms and conditions of a loan agreement. It is typically provided by the lender to the borrower before the loan is finalized. Checkout this video: What is a Loan Disclosure? A loan disclosure is a document that contains all relevant information about a loan agreement…
You can use a VA Loan as many times as you want, but there are a few things to consider before taking out another loan. Checkout this video: Introduction The Veterans Administration (VA) loan is a great benefit for eligible veterans, service members, and surviving spouses. But one question that often comes up is how…
How much do mortgage loan originators make? It depends on a number of factors, including the type of loan, the size of the loan, and the market conditions. Checkout this video: Introduction Mortgage loan originators typically work for banks, credit unions, and other financial institutions. They help potential home buyers obtain financing for their purchases….
If you’re looking to finance your education with student loans, you’re probably wondering how much you can borrow. The maximum student loan amount for lifetime is determined by a few factors, including the type of loan and your financial need. Read on to learn more. Checkout this video: Federal Stafford Loans Federal Stafford Loans are…
How to Calculate the Total Interest Paid on a Loan. You can use this calculator to figure out the total interest paid on a loan. Checkout this video: Introduction When you borrow money, whether it’s for a car, a house, or a credit card, you’ll have to pay back the principal of the loan plus…
A line of credit loan is a type of loan that allows you to borrow money up to a certain limit. You can use the money you borrow as you need it, and you only have to pay interest on the money you borrow. Checkout this video: What is a line of credit loan? A…
If you’re looking to take out a car loan, you’ll need to have a good credit score to qualify for the best interest rates. Find out what credit score is needed for a car loan and how to improve your score to get the best deal on your next auto loan. Checkout this video: Introduction…
A 0% APR car loan is a great way to finance a new car. Here’s how to get one. Checkout this video: Introduction With interest rates at all-time lows, you may be wondering if you can get 0% APR on a car loan. The answer is maybe. Here’s what you need to know. First, what…
If you have a car that you need to sell but still owe money on, you have a few options. You can trade it in, sell it to a private party, or sell it to a dealership. Checkout this video: Introduction If you have a car loan, you’ll need to pay it off before you…