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Where can a person go to get information on property loan investments?
Wiki User
∙ 10y ago
Getting an investment on property loans are going to work much differently from getting a traditional mortgage. With this said, you will have to literally "shop around" from local banks and online resources. With that said, every local bank should be able to offer a substantial amount of information.
Wiki User
∙ 10y ago
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What is a loan against securities?
Loan against securities is a loan that a customer can avail by pledging his or her investments in favour of the lender. This loan can be availed without selling your investments.
What is a 125 percent refinance home equity loan?
According to information that is available to view on finance websites that offer information about loans and how they work, the information states that a person or persons owning a property may be able to secure a 125 percent refinance equity loan with the condition that it is not to pay another loan or debts off.
What information is not collected from the servicer in a mortgage loan?
what information is not collected from the servicer in a foreclosure? loan balance, arrearages, interest rate property value or investor
What are the Legal documents required in order to change the name of the person who has taken laon from a bank by securing a property but the property is now in the name of another person?
The original mortgagor must discuss the situation with the lender. The original mortgagor applied for the loan and was approved by the lender. Most mortgage documents carry a provision that the balance of the loan will be due on any transfer of the property. If the original borrower transferred the title to the property that person is still responsible for paying the loan. The property is subject to the loan and if the loan isn't paid the lender will foreclose and take possession of the property. You may need to consult with an attorney.
Is a land loan always considered investment property?
No, a land loan is not always considered investment property. It is only considered as such if the person receiving the loan has the intent of building a profitable business over the land.
What information does one need to provide to obtain a Countrywide home loan?
Information required is social security number, income, amount of loan, what the property is worth, and source of income that will be used to repay the loan.
Where can one apply for a payday loan that requires no faxing of information?
One can apply for a payday loan that requires no faxing of information by going in person to a payday loan store. By going in person you can show them the needed information without having to fax it.
Can a civilian assume a mortgage of a VA property?
Yes, a civilian can assume a mortgage of a Virginia property. In order to get a loan for a property in Virginia, the person must have a credit check completed. If they have good credit, their chances of being approved for the loan are higher. If they have bad credit, the bank or loan officer may ask for the person to have a cosigner.
What information is typically needed to use a loan calculator?
A loan calculator is best used when vital information is known by the person using it. The most important information is the life of the loan (amount of years), the interest rate, and the loan amount.
Investments that function as a loan to your government are called?
people
Can a bank take property they have no interest in?
Yes, a bank can take property that they have no interest in. This usually happens when a person has not paid their loan, and now has no right to the property.
What is a loan servicing specialist?
This person is the communicator between the negotiator (the person modifying the loan) and the borrowers. They have information about the most recent activity on your account and advise you if additional information,etc. is needed.
