Maximum Loan Amount

February 17, 2020 admin 0

What is the Maximum Loan Amount? A maximum loan amount describes the total amount that a borrower is authorized to borrow. Maximum loan amounts are […]

No-Appraisal Loan Definition

February 16, 2020 admin 0

What Is a No-Appraisal Loan? A no-appraisal loan is a mortgage that does not require a professional estimate of the collateral property’s current market value, […]

Parsing the 28/36 Rule

February 15, 2020 admin 0

What Is the 28/36 Rule? The 28/36 rule is a common-sense rule for calculating the amount of debt an individual or household should take on. […]

RHS Loan – Definition

February 6, 2020 admin 0

What is an RHS Loan? An RHS loan is a type of financing made by or guaranteed by the United States Department of Agriculture Rural Housing […]