The Paycheck Protection Program loan will reopen the week of January 11 for new borrowers and certain existing PPP borrowers. Checkout this video: Introduction The PPP loan reopened on January 11, 2021 for first-time borrowers and January 15, 2021 for second-time borrowers. This means that you can apply for a PPP loan if you have…
There are many reasons why student loan forgiveness is a bad idea. In this blog post, we’ll explore some of the top reasons why student loan forgiveness is not the best option for borrowers. Checkout this video: Introduction There is a lot of talk these days about student loan forgiveness. The idea is simple –…
We get a lot of questions about home loan approvals – including how long they last. Here’s what you need to know. Checkout this video: Introduction How long does a home loan approval last? You may have heard that your home loan approval is only good for a certain period of time, usually 90 days….
Becoming a loan officer in Arizona is a great way to enter the financial industry. There are many schools that offer loan officer programs, but not all of them are created equal. This guide will show you how to become a loan officer in Arizona by choosing the right school and program. Checkout this video:…
If you’re having trouble making your mortgage payments and you’re considering a loan modification or other foreclosure avoidance options, you may be wondering if you can get out of your FHA loan. Checkout this video: Introduction If you have an FHA loan, you may be wondering how to get out of it. The good news…
Are you in the process of applying for a home loan? If so, you may be wondering what documents are required in order to complete the process. Read on to learn more about the documents you’ll need to provide in order to get a home loan. Checkout this video: Introduction There are a few different…
If you’re looking to lower your monthly car payment, you may want to consider refinancing your auto loan. Here’s how to do it. Checkout this video: Introduction If you’re saddled with a high interest rate on your auto loan, refinancing could save you money. Not only can it lower your monthly payments, but it can…
A loan payoff is the full amount of money required to pay off an outstanding loan . The loan payoff amount includes the principal balance and any outstanding interest and fees. Checkout this video: Introduction A loan payoff is when you “pay off” your loan by making a final payment that covers the entire remaining…
You’re probably aware that you’ll have to pay private mortgage insurance (PMI) on an FHA loan if you put less than 20% down. But you may not know how much it will cost you. Checkout this video: Mortgage Insurance Basics PMI is short for private mortgage insurance. You pay PMI when you have a conventional…
How long can you get a boat loan for? This is a common question that people have when they are considering purchasing a boat. There are a few factors that will affect the answer to this question. Checkout this video: Loan Basics How long are boat loans? Boat loans typically have terms of 10 to…