There are many loan companies out there, but how can you tell if they’re legitimate? Follow these tips to make sure you’re not getting scammed. Checkout this video: Research the company online When you’re looking for a loan, it’s important to make sure the company you’re working with is legitimate. There are many scammers out…
How long does loan underwriting take? Many factors are involved in the underwriting process. Underwriting is the process a lender uses to determine if the risk of lending to a borrower is acceptable. How long does loan underwriting take? Many factors are involved in the underwriting process. Underwriting is the process a lender uses to…
Here’s everything you need to know about getting a title loan, from how much you can get to how they work and what to expect. Checkout this video: How Title Loans Work A title loan is a loan that uses your car as collateral. You can get a title loan if you own your car…
There’s a lot of talk these days about “predatory loans .” But what exactly is a predatory loan? In short, it’s a loan that’s designed to take advantage of the borrower. The lender may charge high fees, offer unrealistic terms, or otherwise try to trap the borrower in a cycle of debt. If you’re thinking…
It is possible to get approved for an FHA loan with bad credit . However, it is important to note that your credit score will affect your ability to qualify for a loan, as well as the interest rate you will pay on your mortgage. Checkout this video: The fha loan credit score requirements The…
A direct student loan is a loan that is issued by the federal government to help cover the cost of education. The loan is made directly to the student, and the funds can be used to cover tuition, room and board, books, and other education-related expenses. Checkout this video: What is a Direct Student Loan?…
FHA loans offer a competitive interest rate with a lower down payment requirement. Learn more about the interest rate on an FHA loan and how it differs from other loans. Checkout this video: Introduction FHA loans are unique in that they offer low down payment options and may be more flexible with regards to credit…
FHA loans are a popular choice for first-time home buyers and people with limited credit histories. But what is the minimum credit score for an FHA loan? Checkout this video: The Minimum Credit Score for an FHA Loan FHA loans are available to borrowers with credit scores as low as 580. However, borrowers with credit…
What is the current student loan interest rate? It’s a question that many college students and their families face when taking out loans to pay for college. The current student loan interest rate is 4.53%, which is unchanged from last year. Checkout this video: Federal Student Loan Interest Rates Federal student loan interest rates are…
RHS loans are low-interest loans available to low- and very low-income homeowners for the repair, rehabilitation, or improvement of their homes. Checkout this video: What is a RHS Loan? The Rural Housing Service (RHS) is an agency within the United States Department of Agriculture (USDA). RHS loans are specifically for low- and very-low-income individuals and…