How much is a jumbo loan in California? A jumbo loan is a mortgage loan that is too large to be sold to Freddie Mac or Fannie Mae, the two government-sponsored enterprises that buy and securitize mortgages. Jumbo loans are still widely available in the U.S., but the maximum loan amount allowed varies by county….
FHA loans are a popular choice for first-time homebuyers because they have lower credit score requirements. But what credit score do you need to qualify for an FHA loan? Checkout this video: Understanding FHA Loans FHA loans are one of the most popular types of home loans used by first-time homebuyers. They are attractive to…
Do you know what it means to default on a student loan? It’s a serious matter that can have lasting consequences. Here’s what you need to know. Checkout this video: Defaulting on a student loan Defaulting on a student loan means you have failed to make payments on your loan for 270 days. If this…
If you’re one of the many small business owners who received a Paycheck Protection Program (PPP) loan, you may be wondering how to return it. Here’s a step-by-step guide on how to do just that. Checkout this video: What You Need to Know Before You Start The Paycheck Protection Program (PPP) loan forgiveness application process…
How many years should you take out a car loan for? This is a question that many people ask, and there is no easy answer. The length of your car loan will depend on a number of factors, including your financial situation and the value of the car. In this blog post, we’ll explore the…
Interest only loans can be a great option for borrowers who want lower monthly payments or who want to free up cash for other purposes. But how do they work? Loan Work?’ style=”display:none”>Checkout this video: What is an interest only loan? An interest only loan is a type of loan where you only make payments…
A bridging loan is a type of short-term loan used to “bridge” the gap between the time when you need the loan and when you can get long-term funding. Checkout this video: What is a bridging loan? Bridging loans are a type of short-term loan typically used to finance the purchase of a property. They…
The Paycheck Protection Program (PPP) loan forgiveness process can seem daunting, but we’re here to help. Read on for a step-by-step guide on how to apply for PPP loan forgiveness. Checkout this video: What You Need to Know Before You Start The PPP loan forgiveness process can be a bit daunting, but it’s important to…
Trying to find your SBA PPP loan number? Here’s a step-by-step guide on how to find it, whether you’re an borrower or a lender. Checkout this video: How to Find Your SBA PPP Loan Number If you’re looking for your SBA PPP loan number, there are a few places you can look. The first place…
A bridge loan is a short-term loan used to finance the purchase and/or renovation of a property. Bridge loans are typically used when the borrower is unable to obtain traditional financing due to the property’s condition or location. Checkout this video: Introduction A bridge loan is a type of short-term loan that is typically used…