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What happens to your mortgage if you quit your job?

If your job is drastically different, your mortgage offer is likely to be withdrawn and you won’t be able to get that particular mortgage., Most likely yo...

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Knowledge Base

Latest insights and tutorials from the The Daily Horizon team.

How do you qualify for federal disability retirement?

You must have completed at least 18 months of Federal civilian service which is creditable under FERS. 2. You must, while employed in a position subject t...

What is an unsecured debt?

An unsecured debt is a debt for which the creditor does not have a security interest in collateral, and the creditor is therefore not entitled to take pro...

Can collateral be seized?

In the event that the borrower does default, the lender can seize the collateral and sell it, applying the money it gets to the unpaid portion of the loan...

Can a small business get a mortgage from a personal guarantee?

As a result, many lenders will only extend a mortgage loan to a small LLC or corporation if the business owner gives a personal guarantee. By signing a pe...

What does CA mean in mortgage terms?

Related Definitions CA Term Loan means a Term Loan under and as defined in the Credit Agreement. Save. How do you get an S mortgage? Top 10 tips for getti...

Can you start two companies same time?

It is possible to be a ‘parallel’ entrepreneur with multiple companies. It’s great that we’re constantly inspired and optimistic, but it can sometimes be ...

What is the par value per share of the preferred stock?

What is Par Value for Preferred Stock? The par value of a share of preferred stock is the amount upon which the associated dividend is calculated. Thus, i...

How long does it take to get a small loan?

How Long Does It Take To Get a Loan? Online Lenders Traditional Banks or Credit Unions Application Time Plan for 15 minutes or so Plan for 15 to 60 minute...

Is a car allowance taxable in California?

A standard car allowance is taxable unless the company uses a business substantiation procedure such as mileage tracking or FAVR (more on this below). Thi...