You can get a conventional loan from a bank , credit union, or online lender. The best conventional loan depends on your credit score and debt-to-income ratio. Checkout this video: Introduction A conventional loan is a type of mortgage loan that is not backed by the government and conforms to the guidelines set by Freddie…
If you’re looking for a loan of $10,000 or more, there are a few things you’ll need to do to qualify. Here’s what you need to know about how to get a $10,000 loan. Checkout this video: Introduction If you need to borrow money, a personal loan could be a good option. Personal loans have…
Jumbo loans are those that exceed the conforming loan limit of $484,350 and cannot be purchased by Fannie Mae or Freddie Mac. Checkout this video: Jumbo Loan Basics A jumbo loan is a mortgage that has a loan amount that is higher than the limit set by the Federal Housing Finance Agency. In most U.S….
Find out how much you can afford with a VA home loan. We’ll show you how to get a pre-approval letter and calculate your monthly payments. Checkout this video: Introduction If you’re a veteran or active duty military member, you may be eligible for a VA home loan. But how much can you actually afford…
A mortgage broker’s commission can vary based on the type of loan and the lender, but it’s usually a percentage of the loan amount. Checkout this video: Introduction A mortgage broker acts as a middleman between the home buyer and the home seller. The broker’s job is to find the best mortgage rate for their…
How Does Student Loan Interest Work? The answer to this question is more complicated than you may think. In this blog post, we’ll explore how student loan interest works, how it’s calculated, and how it can impact your repayment schedule. Checkout this video: Introduction Understanding how student loan interest works is important. It can help…
Considering taking out a home equity loan? Check out this post to learn more about home equity loan rates and whether or not this type of loan is right for you. Checkout this video: Home Equity Loan Rates Home equity loan rates are typically lower than the interest rates on other types of loans, such…
Applying for a home equity loan is a process that can take several weeks. In this blog post, we’ll walk you through the steps on how to apply for a home equity loan so that you can be prepared. Checkout this video: Research home equity loan options A home equity loan is a type of…
Business loans can be a great way to get the funding you need to start or grow your business. But how do you qualify for a business loan? In this blog post, we’ll explore the qualifications you’ll need to meet in order to get a business loan. Checkout this video: Know Your Credit Score Your…
Applying for a home loan can be a daunting task. This step-by-step guide will help you better understand how to qualify for a home loan. Checkout this video: Introduction Buying a home is a big step, and there’s a lot to consider before you make the purchase. One of the most important things to think…