What is a 5/1 ARM Loan?

What is a 5/1 ARM Loan?

A 5/1 ARM loan is a mortgage with a low initial interest rate that adjusts after five years. If you’re looking for a loan with a lower monthly payment, a 5/1 ARM loan could be right for you. Checkout this video: Introduction An adjustable rate mortgage, or “ARM”, is a loan type that offers a…

Who is Eligible for the Navient Student Loan Settlement?

Who is Eligible for the Navient Student Loan Settlement?

If you’re one of the many people who are struggling to pay back their student loans, you may be wondering if you’re eligible for the Navient student loan settlement. Here’s what you need to know. Checkout this video: Introduction The Navient student loan settlement is a class action lawsuit that was filed against the student…

What Are the Qualifications for a PPP Loan?

What Are the Qualifications for a PPP Loan?

The Paycheck Protection Program (PPP) offers low-interest loans to small businesses, nonprofit organizations, veterans groups, and tribal businesses. Checkout this video: Basic Qualifications Any business with 500 or fewer employees is eligible for the Paycheck Protection Program. The business may be a sole proprietorship, LLC, partnership, or corporation. You must also have been in business…