Millions of borrowers saw their credit scores plummet in the first quarter, which could make major purchases like buying a ...

A loan offset is a financial arrangement in which a borrower uses the funds in a savings or transaction account to offset the balance of a loan. The borrower's account is linked to their loan ...

A jumbo loan is a mortgage for more than $806,500 in 2025. You'll have to meet stricter requirements to receive a jumbo loan, including a bigger down payment. Jumbo mortgage rates may be lower ...

TransUnion, one of the three major credit bureaus, found that one in five student loan borrowers is at risk of defaulting.

Robert F. Gage is a Partner at Hudson Cook LLP. You can email him at [email protected]. The state legislature in North Dakota ...

Learn more about it. Conforming loans are mortgages that—as their name implies—conform to the conforming loan limit (CLL) set by the Federal Housing Finance Agency (FHFA). The CLL for a single ...

An FHA loan is a type of mortgage geared toward borrowers with lower credit scores or who otherwise don't qualify for a conventional loan. You can use an FHA loan to buy, build or renovate a home ...

How a deferred payment works and how long it typically lasts vary depending on the lender and the type of loan you have. Deferred payments have no direct effect on your credit score. But note that ...