Event of default: What it is, how it works, and examples
Learn what an event of default is in loan agreements, with clear examples and practical insights for borrowers and lenders.
Loans
Explore our comprehensive resources on Loans — from personal and student loans to business and mortgage options. Find expert advice, tips, and tools to make informed borrowing decisions and manage debt wisely.
Warehouse lending: What it is and how it works
Discover how warehouse lending supports mortgage funding, offering liquidity, speed, and low risk in real estate finance.
Teaser loan: What it is and how it works
Discover how a teaser loan works, its pros and cons, and whether it's right for you. Learn how to avoid financial strain after the teaser rate ends.
Teaser rate: What it is, how it works, and the main types
Learn what a teaser rate is, how it works, and when it makes sense to take advantage of low intro interest rates on credit cards, mortgages, and more.
Chattel: Definition, how it works, and common uses
Learn what chattel is, its legal definition, types, and uses in finance. Understand how it differs from real property and when chattel mortgages apply.
PACE financing: What it is and how it works
Learn what PACE financing is, how it works, and its pros and cons. Discover if Property Assessed Clean Energy loans are the right choice for your next energy-efficient home improvement.
Credit reference letter: What it is, its types, and how to request one
Discover what a credit reference letter is, why it matters, and how to get one to support your credit or rental applications.
Per diem interest: what it is and how it works
Learn what per diem interest is, how it’s calculated, and how to reduce it when closing a mortgage. A simple and complete guide to help homeowners save money.
Hybrid mortgage: What it is, how it works, and when it’s worth considering
A hybrid mortgage combines fixed and adjustable rates for greater flexibility. Learn how it works and if it fits your financial plans.
Cash flow loan: What it is, how it works and how to get one
Cash flow loans are unsecured loans used by businesses to cover operating expenses, manage working capital, and finance growth. Explore their features and advantages.