How to Calculate Loan to Value Ratio Loan to Value Ratio is a financial term used by lenders to express the ratio of a loan to the value of an asset purchased. The asset is usually a vehicle, home, boat, or piece of equipment. Checkout this video: Introduction The loan-to-value ratio is a financial term…
If you have an SBA loan , you know that the monthly payments can be a burden. But did you know that there are ways to pay off your loan early? Here are some tips on how to get rid of that debt as quickly as possible. Checkout this video: Introduction Assuming you have the…
Find out what credit score is needed for a VA Loan. We’ll go over the minimum credit score requirements and what you can do to improve your chances of getting approved. Checkout this video: Understanding Your Credit Score Your credit score is one of the most important factors in determining whether or not you will…
If you’re considering trading in your car to help finance a new vehicle purchase, you may be wondering how the process works. Here’s a quick overview of how trade-ins work with auto loans. Checkout this video: Introduction A trade-in is a vehicle that a customer brings to a dealership when they purchase or lease a…
Looking for a payday loan that’s easy to get approved for? Look no further than our list of the best online payday loans. We’ve got you covered with loans that require no credit check and have some of the lowest qualifying requirements. Checkout this video: Introduction There are a lot of companies that offer payday…
You’ve probably heard the term “loan” before, but how do loans actually work? Here’s a simple explanation of how loans can help you finance a big purchase. Loan Works: A Simple Explanation’ style=”display:none”>Checkout this video: Introduction When you take out a loan, you are borrowing money from a lender and agreeing to repay that money,…
SBA loans are a great way to get funding for your small business, but the process can be daunting. Here’s a step-by-step guide to help you get approved for an SBA loan. Checkout this video: SBA Loan Basics The Small Business Administration (SBA) is a government agency that provides support to small businesses and entrepreneurs….
A home loan pre-approval is a great way to get the ball rolling on your home purchase. But how long is it good for? We break it down for you. Checkout this video: The home loan pre-approval process A mortgage pre-approval is a letter from a lender stating how much of a loan you can…
SBA disaster loan approval can take anywhere from a few days to a few weeks. The process is generally quicker for those who have all their paperwork in order and can provide the required documentation. Checkout this video: Introduction The Small Business Administration (SBA) offers disaster loans to help businesses and homeowners recover from declared…
Loan signing agents are in high demand! Here’s what you can expect to make as a loan signing agent, from average salary to top-earning loan signing agents. Checkout this video: What is a loan signing agent? A loan signing agent is a notary public who is specially trained to facilitate mortgage loan signings. Loan signing…