What Are the Requirements for a Construction Loan?

What Are the Requirements for a Construction Loan?

If you’re thinking of taking out a construction loan, you’ll need to be aware of the requirements that lenders typically impose. In this article, we’ll outline some of the key things you’ll need to have in order to qualify for a construction loan. Checkout this video: What is a construction loan? Construction loans are short-term,…

How to Apply for a USDA Loan

How to Apply for a USDA Loan

The United States Department of Agriculture (USDA) offers a variety of loans to help with the purchase of a home. In this blog post, we’ll explain how to apply for a USDA loan. Checkout this video: Introduction The United States Department of Agriculture (USDA) offers several loan programs to help low- or moderate-income people buy,…

What is a Private Loan?

What is a Private Loan?

If you’re considering taking out a private loan , you might be wondering what exactly it is. A private loan is a type of financing that you can obtain from a private lender, as opposed to a bank or other financial institution. Private loans can be used for a variety of purposes, including consolidating debt,…

What is a Loan Contingency?

What is a Loan Contingency?

A loan contingency is a common contingency included in a real estate contract that states the buyer’s obligation to obtain a loan within a certain time frame. Checkout this video: What is a loan contingency? A loan contingency is a condition in a real estate purchase contract that allows the buyer to back out of…