I got the max for a freshman on a subsidized loan. I think I understand that.
I also got the max for a freshman on an unsubsidized loan. I don’t understand this one at all. Do I have to pay this one while I am in school or will the payments be deferred?
Posts Tagged ‘Mean’
What The Hell Does An Unsubsidized Loan Mean?
December 29th, 2009What Does Funds Liquidated Mean When You Are Taking Out A 401k Loan?
December 8th, 2009My husband took out a loan on his 401k loan and we are waiting for it to get here. In need of it BADLY! We have been checking the status of it everyday and Friday we checked and it was out of processing and in said funds liquidated. Is the next step mailing it to us? What does funds liquidated mean in this situation?
What Does Underwriting A Loan Mean And How Long Does It Take?
October 28th, 2009we are in the process of buying a house. it has been appraised and we have papers saying the loan has been approved. the lender said she sent the loan to underwriting. this is all new to me. what does it mean? how long does it take? is there still a chance it won’t go through?
What Does Underwriting Mean For The Mortgage Loan?
September 29th, 2009My mortgage loan has been approved, but I have to wait for an underwriting at this point. Can you explain what does it mean?
What Does It Mean When A Home Loan Needs Management Approval?
August 14th, 2009Our loan has just been approved by the underwriter, but they said that they need management approval before issuing a formal approval. Our loan was suspended for a couple of days because the underwriter asked for letters of explanation about our cosigner. The underwriter has since said that the letters are acceptable and moved on with approving the package. They just said that they need a second signature (from management).
What’s the likelihood that the manager will deny? I would imagine that the underwriter would provide recommendations and that the manager would not fully underwrite the entire file all over again, right?
