If you’re looking for information on which type of loan is better for you, look no further! This blog post will cover the basics of subsidized and unsubsidized loans so that you can make an informed decision. Checkout this video: Subsidized Loans A subsidized loan is a loan on which the interest is reduced by…
How Much Student Loan Interest Can You Deduct? The answer: It depends on your tax filing status and income, but the maximum amount you can deduct is $2,500 Checkout this video: Introduction The interest you pay on your student loans is tax-deductible, which can help reduce the cost of your loan. The amount you can…
Go over the different types of PPP loans and how much you can get from each one. Checkout this video: What is a PPP Loan? A PPP loan is a loan that is given to a small business in order to help them keep their employees during the COVID-19 pandemic. The loans are given through…
Home equity loans are a great way to get extra cash when you need it. But how do you know how much you can borrow? This quick and easy guide will show you how to calculate a home equity loan so you can get the money you need. Checkout this video: Home Equity Loan Basics…
Taking out a variable rate loan can be dangerous if you don’t know how to manage your finances. Follow these tips to make sure you stay safe. Checkout this video: Introduction Interest rates on variable rate loans can change at any time. If rates go up, your monthly payments could increase, making it hard to…
If you’re taking out a loan, it’s important to understand how APR works. APR, or annual percentage rate, is the interest rate you’ll pay on your loan, and it can vary depending on the type of loan you have. In this blog post, we’ll explain how APR works and how it can affect your loan….
If you have an interest in the banking and finance industry and are looking for a way to get started, becoming a loan processor may be the perfect fit for you. In this blog post, we will outline what a loan processor does, what skills and qualifications are needed, and the steps you can take…
A loan fee is a charge assessed by a lender for originating a loan . Loan fees are typically a percentage of the loan amount and are paid at closing. Checkout this video: What is a Loan Fee? A loan fee is a charge assessed by a lender for originating a loan. The fee may…
Jumbo loans are a type of mortgage loan that exceed the limits set by the Federal Housing Finance Agency (FHFA). If you’re looking to take out a jumbo loan, you’ll need to know how they work and what the eligibility requirements are. Checkout this video: What Is a Jumbo Loan? A jumbo loan, also known…
Loan flipping is the process of taking out a loan, making some improvements to the property, and then selling it for a profit. It can be a great way to make some money, but there are a few things you need to know before you get started. Checkout this video: What is loan flipping? Loan…