Loans · 07/18/2025
Winning the Bidding War: Understanding the Difference Between DU Approval and Loan Pre-approval
The reduction in interest rates has intensified the housing rush, prompting buyers to seek DU approval to enhance their competitiveness in the market. This approval has a validity period of 60 days.
Loans · 07/18/2025
Understanding Refinance Time for Home Loans in the U.S.
This article analyzes the factors affecting refinancing time after purchasing a home in the United States, including credit scores and loan types. It is advised to consult professionals for guidance.
Loans · 07/25/2023
Credit Application Bottlenecks Hit America Rejection Rates Soar to Multiyear Highs Amid Rising Borrowing Costs
The latest survey by the New York Fed reveals that the rejection rate for credit applications has widely increased across various types of loans in the U.S., particularly for mortgages and auto loans. Applicants with high credit scores are less affected, while rising borrowing costs have pressured Americans' willingness to take out loans.
Loans · 07/24/2025
An Overview of Loans in the United States Helping You Navigate Your Path to Study Abroad and Homeownership
This article provides an overview of various loan types in the United States, including federal student loans, private loans, personal loans, and mortgages. It emphasizes the importance of managing credit history and comparing terms in the loan application process, helping international students and home buyers find the best funding options.