If you’re a small business owner who has applied for a Paycheck Protection Program (PPP) loan, you may be wondering what secondary review means. In short, secondary review is the process by which the Small Business Administration (SBA) reviews your loan application to ensure that you meet all of the eligibility requirements. This review can…
If you’re looking to buy a home in a rural area, a USDA home loan may be a good option for you. In this post, we’ll explain how USDA home loans work and how you can qualify for one. Checkout this video: What is a USDA home loan? The U.S. Department of Agriculture (USDA) offers…
Find out how soon you can refinance your home loan after taking it out. We’ll explore the different factors that come into play and give you some tips to make the process go smoothly. Checkout this video: When Can You Refinance? The answer to the question “How soon can you refinance a home loan?” is…
Get step-by-step instructions for how to fill out the PPP Loan Forgiveness Application, including what supporting documentation you’ll need. PPP Loan Forgiveness Application’ style=”display:none”>Checkout this video: Overview of the PPP Loan Forgiveness Application The PPP loan forgiveness application is a lengthy document, but it’s important to take the time to fill it out correctly. This…
The average interest rate for a business loan depends on a number of factors, including the size of the loan, the creditworthiness of the borrower and the type of loan. Checkout this video: Introduction The average interest rate on a business loan is what the banks, and other financial institutions, will charge you for borrowing…
How Much Personal Loan Can I Get? We have the answer! Follow our simple guide to find out how much you can borrow with a personal loan. Checkout this video: How Personal Loans Work A personal loan is an unsecured loan that usually has a fixed interest rate and a set monthly payment. You can…
You can learn how to get a 203k loan by following the steps in this blog post. We’ll cover what a 203k loan is, how to apply for one, and what to expect during the process. Checkout this video: Introduction The 203k loan is a unique mortgage program that can help you to purchase and…
If you’re looking to finance an investment property, you’ll need to qualify for an investment property loan. Here’s what you need to know in order to get approved. Checkout this video: Introduction If you’re thinking about purchasing an investment property, you’ll need to know how to qualify for an investment property loan. Loan qualification requirements…
If you’re struggling to make ends meet, you may be wondering if a hardship loan is right for you. Keep reading to learn what a hardship loan is and how it can help you get back on your feet. Checkout this video: What is a hardship loan? A hardship loan is a type of loan…
How Does the SBA Loan Work? The Small Business Administration (SBA) is a United States government agency that provides support to entrepreneurs and small businesses. One way the SBA helps small businesses is by guaranteeing loans made by participating lenders. The SBA does not lend money directly to small business owners. Instead, it provides a…