If you’re thinking about refinancing your FHA loan, you may be wondering how soon you can do so. Here’s what you need to know. Checkout this video: Introduction If you have an FHA loan, you can refinance it as soon as you want to. You can even refinance it multiple times if you want to….
Loan proceeds are the funds that are disbursed to the borrower after the loan has been approved. The loan proceeds can be used for a variety of purposes, such as to finance a purchase, to consolidate debt, or to cover other expenses. Checkout this video: Introduction Loan proceeds are the funds that are disbursed to…
Specialized Loan Servicing is a company that services loans. They are based out of Denver, Colorado. Checkout this video: What is Specialized Loan Servicing? Specialized Loan Servicing, LLC (“SLS”) is a residential mortgage loan servicing company. The Company services mortgage loans for investors, including mortgage bankers, commercial banks, credit unions, savings institutions, conduits/securitization vehicles and…
If you’re interested in becoming a loan broker, read this blog post to learn how to get started. We outline the five steps you need to take to get started in this rewarding career. Checkout this video: Introduction Loan brokers are an important part of the process of applying for and securing a loan. A…
If you’re stuck in a predatory loan , there are a few ways you can get out. You can try to negotiate with your lender, refinance your loan, or even file for bankruptcy. Learn more about your options and how to get out of a predatory loan. Checkout this video: Research your loan options When…
How long does it take to get a home loan? It depends on a number of factors, including your credit history, income, and the type of loan you’re applying for. In general, the process can take anywhere from a few weeks to a few months. Checkout this video: How long does the application process take?…
Learn how to get a business loan by following these best practices. Whether you’re looking for a small business loan or a large one, these tips will help you get the financing you need. Checkout this video: Introduction If you’re in the process of starting a business, you may be wondering how to get a…
A subordinate loan is a loan that is in second position behind another loan. The first loan is typically a primary mortgage from a lender. The second loan is a subordinate loan from either the same lender or a different lender. Checkout this video: Subordinate Loan Basics A subordinate loan is a loan that takes…
How Long Does It Take To Get An Eidl Loan? We have the answer! Checkout this video: Applying for an EIDL The first step in applying for an EIDL is to fill out an application. The application will ask for information about your business, including contact information, business location, and the number of employees. You…
A wrap around loan is a type of mortgage loan that allows the borrower to use the equity in their home to secure the loan. The loan is then secured by the property itself. This type of loan can be helpful for people who are looking to buy a new home but don’t have the…