A guarantor is somebody who agrees to repay a borrower’s debt if they default. In other words, a guarantor is like a co-signer on a loan. Checkout this video: What is a guarantor? A guarantor is a person who agrees to be responsible for the debt of another person in the event that the primary…
If you’re wondering why your loan was transferred to Specialized Loan Servicing , read on for more information. We’ll explain the common reasons for loan transfers and what you can expect from your new loan servicer. Checkout this video: Reasons for Loan Transfers There are many reasons why your loan might get transferred to Specialized…
A Pace Loan is a type of home improvement loan that is obtained through your local government. This type of loan is available to homeowners who want to make energy efficient improvements to their homes. Checkout this video: What is a Pace Loan? A Pace Loan is a type of home loan that allows homeowners…
A Conforming Fixed Loan is a mortgage loan that follows the guidelines set by Freddie Mac and Fannie Mae. These two government-sponsored enterprises purchase loans from lenders, so that they can provide more financing options for homebuyers. Conforming Fixed Loans can be used to purchase a primary residence, a second home, or an investment property….
There are a few ways to get money fast without taking out a loan. You can start by looking for odd jobs in your area, or by selling items you no longer need. You can also try your hand at online marketing or blogging. Whatever route you choose, be sure to research the options and…
Follow these tips to learn how to get a home improvement loan so you can make the repairs and upgrades you need. Checkout this video: Introduction So, you’re thinking about making some improvements to your home but you don’t have the cash on hand to pay for it all. You may be considering a home…
Wondering what the difference is between a secured and unsecured loan? We’ve got you covered. Check out our blog post to learn more. Checkout this video: Introduction There are two main types of loans available to consumers – secured and unsecured loans. A secured loan is one where the borrower puts up some form of…
You may find yourself in a position where you need to get your name off of a joint car loan . This can be for a variety of reasons, but the process is actually quite simple. Here’s a step-by-step guide on how to do it. Checkout this video: Check your credit report The first step…
You’ve decided you need a business loan to help your company grow. But how do you actually get approved for a loan? Here are a few tips to increase your chances of getting approved for a business loan. Checkout this video: Introduction It can be difficult to get approved for a business loan, but there…
Learn how to increase your chances of getting a business loan approved by following these simple tips. Checkout this video: Introduction It’s not easy to get a business loan approved. In fact, only about one-third of small business loan applications are approved by banks, according to Biz2Credit. That’s because lenders have strict standards and criteria…