What is the cash back on a conventional loan?

Answer A borrower can receive cash back on a conventional mortgage in the event of a cash out refinance. In this transaction, a borrower mortgages a larger debt on his home than the original debt in order... Read More »

Top Q&A For: What is the cash back on a conventional loan

Is a VA loan better than a conventional home loan?

On One Hand: VA Loan AdvantagesVA loans are underwritten by the Veterans Administration and were created to give veterans the opportunity of home ownership, with the usual credit score and down pay... Read More »

Is a Fannie Mae loan a conventional loan?

Fannie Mae, a federally appointed enterprise that works with the secondary mortgage market, is not a direct lender, but instead works in a partnership with mortgage bankers and brokers, as well as ... Read More »

Is a settlement loan a conventional loan?

A settlement loan and a conventional loan are not related. A settlement loan, also known as a lawsuit loan, is a secured loan based on the amount the person receiving the loan is likely to win in a... Read More »

Is Cash From a Capital Investment Loan a Negative or Positive on a Cash Flow Statement?

Cash from a capital investment loan is recorded by two different organizations. First, the organization that is lending the money will record the loan in its books. Second, the organization receivi... Read More »