A loan’s maturity date is the date by which the loan must be repaid in full. Find out more about this important loan term and how it affects your loan. Checkout this video: Introduction The maturity date of a loan is the date on which the loan expires and the borrower must repay the principal….
FHA loans are more popular with first-time home buyers, but conventional loans offer lower interest rates and don’t require mortgage insurance. Checkout this video: Introduction The main difference between a conventional loan and an FHA loan is that an FHA loan is insured by the federal government, while a conventional loan is not. If a…
It’s a common question among home buyers – how much of a down payment do you need to buy a house? The answer isn’t as simple as it seems. Checkout this video: How Much Downpayment Do You Need for a Conventional Loan? A conventional loan is a type of mortgage that is not backed by…
If you’re a veteran of the armed forces, you may be wondering how many times you can use your VA home loan benefit. The answer may surprise you – you can actually use your VA loan as many times as you want! Checkout this video: Introduction Unfortunately, there is a lot of misinformation out there…
Find out if a Conforming Loan is the right type of mortgage for you. We’ll go over the definition, benefits, and requirements of a Conforming Loan. Checkout this video: What is a conforming loan? A conforming loan is a mortgage that is equal to or less than the dollar amount limit set by the Federal…
How to Get a Loan to Buy Land – A Complete Guide | Buying land is a big investment, so you’ll want to make sure you’re getting the best loan possible. Here’s a complete guide on how to get a loan to buy land. Checkout this video: How to Get a Loan to Buy Land…
Read on to learn the differences between a conventional loan and an FHA loan, and how you can choose the right loan for your unique financial situation. Checkout this video: Introduction There are many different types of home loans available to borrowers, and choosing the right one can be a daunting task. Two of the…
A guarantor is somebody who agrees to repay a borrower’s debt if they default. In the context of loans , a guarantor is usually a family member or friend of the borrower who uses their own finances to guarantee the loan. Checkout this video: What is a guarantor? A guarantor is a person or company…
After you submit your completed SBA loan application, you may wonder how to check the status of your loan. This blog post will explain the different ways you can check on the status of your loan and what to do if you have questions. SBA Loan Status’ style=”display:none”>Checkout this video: Go to the SBA website…
Want to know how to make money from credit cards? Check out this blog post to learn all the tips and tricks you need to get started! Checkout this video: Introduction Credit cards can be a great way to make money, but only if you know how to use them correctly. With responsible use, you…