Definition of Loan A loan, on the other hand, is a fixed amount of money that a lender provides to a borrower with the expectation that it will be paid back with interest over a set period of time.

Hard money loans are a type of short-term mortgage loan that's secured by a property. They can also be referred to as bridge loans. You might consider a hard money loan if you're interested in ...

Mitchell Grant is a self-taught investor with over 5 years of experience as a financial trader. He is a financial content strategist and creative content editor. Getty Images / Worawee Meepian A ...

VA loans do not usually require a down payment, but there are certain circumstances in which a down payment might be necessary. Making a down payment on a VA loan can help reduce your funding fee and ...

Lisa Iannucci has been a professional writer for over three decades, covering a wide variety of topics, such as real estate, travel, finance, parenting, business, entertainment, and more. Vikki ...

The interesting thing about "mortgage banking" is that it is not a discipline taught in school to youth. It is not like chemistry or psychology, or animal science, etc., that one can major in. It ...