Loan application

What you can do if your mortgage application is rejected

With lower interest rates and motivated sellers, home ownership has never been more accessible. However, very few of us are able to finance the purchase without the help of a home loan. And while Ooba Home Loans reports that 80.7% of its applicants successfully secured home loan financing in the first quarter of 2021, 15% […]

Loan interest

Interest rates on federal student loans set to increase for 2021-2022 school year

Federal interest rates on student loans are considerably lower than they were before. In fact, borrowers paid 6.80% on unsubsidized direct loans for the 2012-2013 school year, which seems unfathomable right now given our low rate environment. For direct subsidized loans and direct unsubsidized loans for undergraduate students disbursed on or after July 1, 2020 […]

Loan application

What to do when your mortgage application is refused

Image source: Getty Images A roadblock does not mean the end of home ownership dreams. You have decided to do it: you are going to take the plunge and buy a house. You apply with a local or online mortgage lender, only to receive a message that your application has been denied. Although it is […]

Loan terms

Home loan: it’s time to renegotiate the conditions of your loan

Contact your existing lender and ask for a rate concession. If the application is not accepted, find another lender By Raj Khosla As the second wave of pandemic hits India, it’s time to review and rebalance your personal finance portfolio. Although different people have differing priorities, saving an extra dollar for emergencies is a wise […]

Loan interest

Federal Student Loan Interest Rates Will Rise Next Year

Many companies featured on Money advertise with us. The opinions are our own, but the compensation and extensive research determines where and how businesses can appear. Learn more about how we earn money. Interest rates on federal student loans are expected to rise nearly one percentage point later this year, raising the price of borrowing […]

Loan application

Provo woman pleads guilty to PPP loan application fraud

PROVO, Utah — A Provo woman pleads guilty to her role in a Paycheck Protection Program (PPP) loan fraud scheme. Owner and employee plead guilty and await sentencing A statement released last week by the Utah District of the United States Attorney’s Office said Lisa Bradshaw Rowberry, 49, was employed by trucking company Frisbu. That […]

Loan application

Trucking Company Employee Pleads Guilty to PPP Loan Application Fraud | USAO-UT

SALT LAKE CITY — Lisa Bradshaw Rowberry, 49, of Provo, pleaded guilty to her role in the Paycheck Protection Program (PPP) loan fraud scheme last week in federal court. Rowberry pleaded guilty to loan application fraud for illegally obtaining a Federal Paycheck Protection Program (PPP) loan for the trucking company Frisbu, where she was employed […]

Loan application

SBA Extends COVID-19 Economic Disaster Loan Application Deadline to End of 2021

The United States Small Business Administration has announced that the deadline to apply for the Economic Disaster Loan Program (EIDL) for declaration of disaster related to the COVID-19 pandemic is extended to December 31, 2021. The extension of the deadline comes in the wake of the recent bipartisan COVID-19 relief bill passed by Congress and […]

Loan application

Loan Application Approved for LULAC Oak Hill Apartments | Local News

Eagle Staff Report College Station City Council members voted unanimously at their last meeting to approve a federal loan application to rehabilitate the 50 LULAC Oak Hill apartments. The 40-year-old complex is used as affordable housing for low-income senior residents. The project is expected to cost $2.8 million. The Section 108 loan – which is […]