What is a Home Loan?

What is a Home Loan?

A home loan is a loan that is used to purchase a house. Home loans are available from banks, credit unions, and other financial institutions. The interest rate on a home loan is usually lower than the interest rate on a credit card or personal loan. Checkout this video: Introduction A home loan is a…

What is a Note Loan?

What is a Note Loan?

A note loan is a loan that is secured by a promissory note. This type of loan is often used by businesses to raise capital, and the terms of the loan are typically negotiated between the borrower and the lender. Checkout this video: What is a Note Loan? A note loan is a type of…

What Does a Mortgage Loan Officer Do?

What Does a Mortgage Loan Officer Do?

A mortgage loan officer is a professional who helps potential home buyers obtain financing for their purchase. A mortgage loan officer can work for a bank, credit union, or other lending institution. Checkout this video: Introduction A mortgage loan officer is a professional who helps potential homebuyers obtain financing for their purchase. A loan officer…

How to Get an Equity Loan

How to Get an Equity Loan

If you’re a homeowner and looking for a loan, you may be wondering how to get an equity loan. We’ve got everything you need to know right here. Checkout this video: Introduction An equity loan is a loan that is secured by the equity in your home. Equity is the difference between the appraised value…