What is a Recast Loan?

What is a Recast Loan?

A recast loan is a great way to reduce your monthly mortgage payment and pay off your home loan faster. Checkout this video: What is a recast loan? A recast loan is a mortgage that has been paid down significantly and then restarted with a new amortization schedule. In other words, the loan “recasts” or…

How Long Does it Take for an SBA Loan to Be Funded?

How Long Does it Take for an SBA Loan to Be Funded?

If you’re considering applying for an SBA loan, you’re probably wondering how long the process will take. Here’s a look at the timeline for an SBA loan, from application to funding. Checkout this video: Introduction The Small Business Administration (SBA) is a government agency that provides financial assistance to small businesses and entrepreneurs. One of…

What is a Flex Loan?

What is a Flex Loan?

Check out our latest blog post to find out everything you need to know about Flex Loans – what they are, how they work, and why they might be right for you. Checkout this video: What is a Flex Loan? A Flex Loan is a line of credit that can be used for a variety…

What is a Loan Syndication?

What is a Loan Syndication?

If you’re in the business of lending or investing, you’ve probably heard the term “loan syndication” thrown around. But what is a loan syndication? Checkout this video: Introduction A loan syndication is a lending arrangement in which two or more financial institutions (the syndicate) join together to provide funds for a borrower. The lead bank…