Mortgage Loans

Getting Settled in new home

What’s The Mortgage Loan Process

Ready to live in your dream home? Approved Cash can help you get there.

What is a Mortgage Loan?

Mortgage loans, often shortened to “mortgages,” are loans you can get to purchase a house. There are several types.

Fixed-Rate Mortgages

A fixed rate mortgage’s interest rate doesn’t change. Because you can get fixed interest rate loans with term lengths of 10, 15, 20, 30, and 40 years. 15-year and 30-year fixed rate mortgages are the most popular loans.

Continue reading “Mortgage Loans”

Home Improvement Loan Tips

blueprint of house

Home Improvement Loans

Need extra cash to fix up or improve your home? Approved Cash can help you.

What is a Home Improvement Loan?

Whether it’s repairs from storm damage or renovations to create your dream home, home improvement costs a lot of money.

And between bills, groceries, and other expenses, many people struggle to save up for these home expenses.

A home improvement loan provides you a way to finance repairs, renovations, or upgrade to your home. In general, they are unsecured loans — meaning, you don’t have to put down collateral to get one. However, you can find secured loans as well if you want a lower interest rate and some better terms.

Continue reading “Home Improvement Loan Tips”

I Need A Personal Loan

Personal Loans

Need a personal loan? Approved Cash can help you out.

What is a Personal Loan?

A personal loan is a broad type of loan that you can use for nearly anything. You repay these loans in fixed monthly payments plus interest over time.

Personal loans tend towards being shorter-term — with most maxing out at five-year term lengths. Long-term personal loans exist, but they’re uncommon and have higher interest rates.

Personal loans can either be secured or unsecured. Secured personal loans require collateral, but you usually get better interest rates and higher loan amounts. Unsecured loans can be harder to get and have higher interest rates, but no collateral is required.

Continue reading “I Need A Personal Loan”

How Can I Get A Business Loan

Start that new business today

Business Loans

Starting a business? Need some extra funding to jump-start your current business? Approved Cash can help you.

What is a Business Loan?

Business loans provide entrepreneurs the funding they need to turn their idea into a reality.

Many business models require a lot of upfront investment to get going, yet saving enough cash to launch a business could take years. Business loans can speed up that process.

Business loans aren’t just for new businesses, though — existing companies may take out a loan to expand or invest in new projects.

Continue reading “How Can I Get A Business Loan”

Student Loans

Happy day finish college

What the process of getting a Student Loan

Heading off to college soon? Going back to school for another degree? Or maybe you want your child to get an excellent education that prepares them for a bright future. Approved Cash is here to help.

What are Student Loans?

Your or your child may get accepted to your dream school, yet lack the funding to attend. 

That’s where student loans come in. They provide students with the funding they need to get a quality education. These loans are unsecured, meaning you don’t have to put down collateral.

Continue reading “Student Loans”

Debt Consolidation Loans

Worried about debt

How To Get A Debt Consolidation Loan

Need to simplify your debt? Approved Cash can help you.

What Does Debt Consolidation Mean?

The debt consolidation process involves getting a new, large loan to pay off several existing unsecured loans (loans without collateral) you have. By doing this, you’re able to combine several loans into one convenient monthly payment. 

In some cases, you can get a lower rate on your new loan compared to the average interest you were paying on the old loans.

Continue reading “Debt Consolidation Loans”

Home Equity Loans

pig full of money

How Can I Get A Home Equity Loan

Want to leverage your home equity to accomplish financial goals? Approved Cash can help you get there.

Home Equity Loans Explained

Each mortgage payment gains equity in your home — in other words, you “own” more of it.

Since houses are valuable assets, you can tap into that equity (when you have enough of it) to borrow money at a low interest rate for anything you want.

The money you borrow is called a home equity loan. 


People often call home equity loans “second mortgages” because you’re taking out a brand new loan against your home.

Continue reading “Home Equity Loans”

Auto Loans

car loans during the pandemic

What’s The Process Of Getting An Auto Loan

Buying yourself a car? Approved Cash can help you.

What is an Auto Loan?

Cars are expensive machines. Some people buy cars outright with cash, but that’s not realistic for many.

Auto loans help people get into safe, reliable automobiles that get them where they need to go. These loans typically last 4-6 years.

Auto loans are secured loans. This means your car is the collateral. In the worst case, if you’re unable to pay your loan, the lender has claim to the vehicle. In most cases, your debt will not go to collections.

Continue reading “Auto Loans”