A balloon loan is a type of mortgage that requires you to make regular payments for a set period of time, usually five to seven years, followed by a larger “balloon” payment. Checkout this video: What is a Balloon Loan? A balloon loan is a type of loan that is typically used for short-term financing….
Can you get a personal loan when unemployed? It’s a common question, and the answer may surprise you. While it may be more difficult to qualify for a loan when you don’t have a steady income, it’s not impossible. Keep reading to learn more. Checkout this video: Introduction It can be difficult to obtain a…
If you’re a veteran of the armed forces, you may be wondering how much house you can afford with a VA loan. The answer depends on a number of factors, including your income, credit score, and the size of your down payment. Use this calculator to get an estimate of how much house you can…
If you’re looking to get rid of your PMI on an FHA loan, there are a few different method you can use. Check out this blog post to learn more about how to get rid of PMI on an FHA loan. Checkout this video: Mortgage Insurance If you’re looking to get rid of your monthly…
If you’re in the process of applying for a loan, you may have come across the term “underwriting.” But what is underwriting a loan, and what does it involve? Keep reading to find out. Checkout this video: What is underwriting? Underwriting is the process of evaluating a loan application to determine whether the borrower and…
We’re here to help you understand what a Non-QM loan is and how it might fit into your mortgage plans. Checkout this video: What is a Non QM Loan? A non-QM loan is a loan that does not meet the standards of a qualified mortgage. A qualified mortgage is a loan that is insured or…
You can get a loan with no job by using a cosigner, applying for unemployment benefits, or getting a payday loan. Checkout this video: Introduction There are a few ways that you can get a loan with no job, such as using a cosigner, taking out a still useful to know what types of loans…
A Grad Plus Loan is a type of federal student loan that helps graduate or professional students pay for their educational expenses. Checkout this video: What is a Grad Plus Loan? The Federal Direct Grad PLUS Loan is a federal student loan that helps degree-seeking graduate and professional students pay for their educational expenses up…
A loan officer’s job is to help people obtain loans from banks. They are paid either by commission or salary, and sometimes both. Checkout this video: Loan Officer Compensation Plans Loan officers typically get paid one of three ways: commission, salary, or a combination of the two. Commission-based loan officers are paid a percentage of…
You can loan a Kindle book to a friend for a period of 14 days. After the 14 days, the book will automatically be returned to your Amazon account and your friend will no longer have access to it. Checkout this video: How to Loan a Kindle Book to a Friend You can loan a…