Learn how to increase your chances of getting a higher loan amount from the Small Business Administration. Checkout this video: How the SBA Loan Amount is Determined The maximum loan amount is determined by the lender, and the SBA guarantees a percentage of the loan. The SBA does not lend money directly to small business…
A RD loan is a type of mortgage loan that is insured by the United States Department of Agriculture. These loans are available to low- and moderate-income rural homeowners, and can be used to purchase or refinance a home. Checkout this video: What is a RD Loan? A RD loan is a type of mortgage…
Mortgage loan originators use a variety of software programs to help them perform their job duties more efficiently. Some of the most popular software programs used by mortgage loan originators include loan origination systems, customer relationship management systems, and loan servicing systems. Checkout this video: Mortgage loan originators use a variety of software programs to…
Have you recently applied for a Paycheck Protection Program (PPP) loan? If you’re wondering how to account for PPP loan forgiveness, you’ve come to the right place. In this blog post, we’ll give you a step-by-step guide on how to properly account for PPP loan forgiveness. Checkout this video: Introduction The Paycheck Protection Program (PPP)…
You’re finally ready to buy your dream car. But, there’s one problem. You’re buying it from a private seller. Here’s how to get a car loan for a private sale. Checkout this video: Research the car you want to buy You’ve found the perfect car for you, but it’s a private sale. No problem! You…
Applying for a USDA home loan is not as difficult as many people think. In fact, once you understand the process and have all of the necessary documentation, it can be quite easy. Checkout this video: Overview of the USDA Home Loan Program The United States Department of Agriculture (USDA) offers a home loan program…
How Does SBA Calculate EIDL Loan Amount in 2021? The Small Business Administration (SBA) has released new information on how it will calculate Economic Injury Disaster Loan (EIDL) amounts for businesses impacted by the coronavirus (COVID-19) pandemic. Checkout this video: httpv://youtu.be/https://www.youtube.com/shorts/4bB22asxx2c How the SBA Calculates EIDL Loan Amount The SBA’s Economic Injury Disaster Loan (EIDL)…
A Direct Subsidized Loan is a federal student loan that is awarded on the basis of financial need. The US Department of Education pays the interest on these loans while the student is in school, during the grace period, and during periods of deferment. Checkout this video: What is a Direct Subsidized Loan? A Direct…
An RD loan is a type of mortgage that is backed by the Rural Development agency of the United States Department of Agriculture (USDA). Checkout this video: What is an RD Loan? An RD loan is a type of mortgage loan that is insured by the United States Department of Agriculture (USDA). RD stands for…
It’s no secret that student loan debt is a major burden for many Americans. But what you may not realize is that this debt can also have a major impact on your ability to buy a house. Here’s how. Checkout this video: The Burden of Student Loan Debt According to the Federal Reserve, student loan…