Category: Loan

Why You Should Get A Loan Insurance Policy Now?

Loan insurance policy can help you pay off your loan in case of emergencies. If something happens to you, the insurer pays off the loan. This insurance is not mandatory but most banks will not provide you with credit unless you have loan protection. When you get your home loan, it is important to make

The Effect of Rising Rates on Life Insurance Loan

There are a number of signs that suggest the interest rates on loans secured by life insurance may be increased multiple times in 2022. Last week was the first time since 2018 that the benchmark interest rate has been raised. In what way would this affect the life insurance policy that you have? The purpose

Green Loans: How Do They Work and What You Need to Know

Green loans are one of the most innovative financial tools that have hit the industry, and they’re not going anywhere any time soon. These environmentally-friendly loans are great for everyone from homebuyers to builders and developers alike, and you can get one whether you’re looking to take out a mortgage, refinance an existing loan or

Who Else Wants A Construction Loan With No Money Down?

The process of obtaining a mortgage is rather simple: first, you look for a home that meets your needs, then you obtain a loan from a mortgage lender, then you purchase the home, and finally, you make regular payments on your mortgage loan, which include interest. Construction loans function differently. The essence of the loan

Loan Disbursement: All You Need To Know

If you run or want to own a small business, one of the first things you should learn about is all payment-related operations. It is OK to make mistakes at first, which may result in costs, failed audits, and even penalties. This is why it is critical to understand how cash moves in and out

How to Use a C2P Loan Calculator

If you want to finance a construction project, you may be interested in learning more about the construction-to-permanent loan. You can know more about the draw-down mechanism, requirements, and how to use a C2P loan calculator. Keep reading for more information. You will also find out how to use the loan calculator to estimate the