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Can you get a title loan while still making payments? Yes, but it’s more complex. Lenders consider your car’s equity and loan-to-value ratio, so substantial equity is key.
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What is conduit loan? It’s a commercial mortgage pooled with others, securitized, and sold to investors. This allows for competitive rates and longer terms, but also stricter requirements.
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How do you calculate interest on a construction loan? Interest is calculated on the outstanding balance, which changes with each draw during the project. This dynamic process means your payments can vary monthly, based on the drawn amount, interest rate, and time.
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Can a divorced spouse get a VA loan? Eligibility depends on factors like marriage length, veteran’s service, and remarriage status. Learn the specific requirements and how to navigate the VA loan process after divorce.
What is a caveat loan? It’s a short-term, secured loan against property, offering quick access to funds, often at higher interest rates and shorter repayment terms than traditional loans. Understand the risks and benefits before committing.
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