The Eidl Loan Amount is Determined by the Small Business Administration (SBA). The SBA will review your application and determine the amount of the loan. Checkout this video: httpv://youtu.be/https://www.youtube.com/shorts/4bB22asxx2c The SBA’s Economic Injury Disaster Loan (EIDL) What is the EIDL Loan? The Economic Injury Disaster Loan is a working capital loan program implemented by the…
A loan advance is a type of short-term loan that can help you cover unexpected expenses or financial emergencies. Typically, loan advances are paid back within a few weeks or months. Checkout this video: What is a loan advance? A loan advance is additional money that may be available to you when you need it,…
If you’re a small business owner who is wondering what banks accept PPP loan deposits, we’ve got you covered. Read on to learn more about how to deposit your PPP loan into a bank account. Checkout this video: Eligibility In order to have your PPP loan forgiven, you must use the loan for its intended…
If you’re looking to buy a home in a rural or suburban area with no down payment, a USDA loan could be an option for you. But what are the USDA loan requirements? Checkout this video: Overview of the USDA Loan Program The U.S. Department of Agriculture (USDA) loan program is designed to promote home…
If you’re thinking of purchasing a home with an FHA loan, you must know the maximum loan amount for your county. Find out here. Checkout this video: FHA Loan Basics FHA loans are mortgages issued by federally qualified lenders and insured by the Federal Housing Administration (FHA). Borrowers with FHA loans pay for mortgage insurance,…
You may have heard of the term “rehab loan” but may not know how it works. A rehab loan is a loan that is used to purchase a property that needs repair or renovation. Checkout this video: What is a Rehab Loan? A rehab loan is a loan that is used to finance the costs…
A pre-approved car loan is a commitment from a lender to finance your car purchase up to a certain amount. Checkout this video: Introduction A pre-approved car loan is a loan that has been conditionally approved by a lender before you start shopping for a car. Getting pre-approved for a car loan gives you several…
FHA loans offer a great opportunity to get into a new home at a low rate, but there are some limitations when it comes to refinancing. Here’s what you need to know. Checkout this video: Introduction If you’re interested in refinancing your home loan, you may be wondering how soon you can do so. The…
How soon can you refinance your FHA loan? If you have an FHA loan, you may be able to refinance as soon as 6 months after closing. Checkout this video: Introduction The Federal Housing Administration (FHA) is a popular choice for first-time homebuyers. After going through the process of securing an FHA loan, many borrowers…
You can get a title loan for your car by following these simple steps. With a title loan, you can get the money you need quickly and easily. Checkout this video: Introduction A title loan is a secured loan that uses your car as collateral. The amount of money you can borrow depends on the…