How to Become a Loan Signing Agent in Florida

How to Become a Loan Signing Agent in Florida

A loan signing agent is a notary public who specializes in the signing of loan documents. Loan signing agents are used by mortgage companies, title companies, and signing services to notarize mortgage documents, power of attorney forms, and other real estate documents. Checkout this video: Introduction A loan signing agent is a notary public who…

What is Mortgage Loan Modification and How Does it Work?

What is Mortgage Loan Modification and How Does it Work?

Mortgage loan modification is a process where the lender and borrower agree to change the terms of the loan. This could include the interest rate, monthly payment amount, or the length of the loan. Checkout this video: Introduction Mortgage loan modification is a process where the terms of your home loan are changed to make…

How Long Does it Take for an SBA Loan to be Deposited After

How Long Does it Take for an SBA Loan to be Deposited After

If you’re wondering how long it takes for an SBA loan to be deposited after you’re approved, the answer may vary depending on your lender. However, the SBA typically funds loans within three to five days of approval. So, if you’re approved for an SBA loan, you can expect the funds to be deposited into…

How to Report PPP Loan Forgiveness on Your Tax Return

How to Report PPP Loan Forgiveness on Your Tax Return

If you received a Paycheck Protection Program (PPP) loan, you may be wondering how to report the loan forgiveness on your tax return. Here’s what you need to know. Checkout this video: Introduction Many businesses and self-employed individuals took out loans through the Paycheck Protection Program (PPP) in 2020 in order to help make ends…