Can you get a normal mortgage for investment in a UK property or is another mortgage type product available?

To transfer your mortgage to another property?

You can't 'transfer' your mortgage to another property. The bank owns the mortgage lien. You would need to negotiate with the bank to modify its lien.

Can I transfer my mortgage to another property in the USA?

Yes, it is possible to transfer your mortgage to another property in the USA through a process called mortgage assumption or mortgage transfer. This involves the new property meeting the lender's requirements and the approval of the lender.

Can you transfer your current mortgage to another property?

Yes, it is possible to transfer your current mortgage to another property through a process called mortgage porting. This allows you to move your existing mortgage deal to a new property, but it is subject to approval from your lender and may involve certain conditions and fees.

Can I Transfer a mortgage in foreclosure to another name?

No. You have no authority to transfer a mortgage unless you are the lender. The lender can assign its rights under the mortgage to another lender. If you are the owner of the property transferring the property to another will violate the terms of the mortgage and may incur added expense to the foreclosure costs.

Can you get reverse mortgage if some one has passed away and left you with the mortgage to pay?

A reverse mortgage is generally granted by an elderly homeowner who needs additional income and has equity in their property. Reverse mortgages are not available to anyone and are not used to pay off existing mortgages. The mortgage on your inherited property must be paid or the lender will take possession of the property by foreclosure. Rather than trying to take out another mortgage to pay it off, you should consult with the lender to see if it will allow you to assume the existing mortgage. There may be a provision in the original mortgage that allows heirs to assume the debt. Check the mortgage document.A reverse mortgage is generally granted by an elderly homeowner who needs additional income and has equity in their property. Reverse mortgages are not available to anyone and are not used to pay off existing mortgages. The mortgage on your inherited property must be paid or the lender will take possession of the property by foreclosure. Rather than trying to take out another mortgage to pay it off, you should consult with the lender to see if it will allow you to assume the existing mortgage. There may be a provision in the original mortgage that allows heirs to assume the debt. Check the mortgage document.A reverse mortgage is generally granted by an elderly homeowner who needs additional income and has equity in their property. Reverse mortgages are not available to anyone and are not used to pay off existing mortgages. The mortgage on your inherited property must be paid or the lender will take possession of the property by foreclosure. Rather than trying to take out another mortgage to pay it off, you should consult with the lender to see if it will allow you to assume the existing mortgage. There may be a provision in the original mortgage that allows heirs to assume the debt. Check the mortgage document.A reverse mortgage is generally granted by an elderly homeowner who needs additional income and has equity in their property. Reverse mortgages are not available to anyone and are not used to pay off existing mortgages. The mortgage on your inherited property must be paid or the lender will take possession of the property by foreclosure. Rather than trying to take out another mortgage to pay it off, you should consult with the lender to see if it will allow you to assume the existing mortgage. There may be a provision in the original mortgage that allows heirs to assume the debt. Check the mortgage document.

When there are two names on a deed can one get a mortgage loan or do both parties have to sign for the loan?

Al the owners must sign the mortgage or the bank will not be able to foreclose on the property in case of a default. If there is another owner you cannot grant a mortgage on their interest in the property.Al the owners must sign the mortgage or the bank will not be able to foreclose on the property in case of a default. If there is another owner you cannot grant a mortgage on their interest in the property.Al the owners must sign the mortgage or the bank will not be able to foreclose on the property in case of a default. If there is another owner you cannot grant a mortgage on their interest in the property.Al the owners must sign the mortgage or the bank will not be able to foreclose on the property in case of a default. If there is another owner you cannot grant a mortgage on their interest in the property.

What is the buy to let mortgage quote?

A buy-to-let mortgage is also known as a landlord mortgage in the United Kingdom. These are only made available for residential properties that will be bought by one person and then that property is rented out to another person. Most UK banks will provide buy-to-let mortgage quotes.

Are your chances of buying an investment property limited because your name is on a mortgage?

The fact that you already own a property doesn't really impact your "chances" of buying another one, provided that you can clearly afford the payments on both. If you can't, then yeah, it might be a problem.

Your name is on a quit claim deed but the mortgage is in another person name can the bank take your house?

Whoever granted the mortgage to the bank must have owned the property at that time. If they later conveyed the property to a new owner they breached their mortgage agreement with the bank and the new owner took the property subject to the mortgage. The bank can take possession of the property if the mortgage isn't paid.

If one person has a first mortgage on one property can another person have a first mortgage on the same property?

no. whichever mortgage was filed first with the local county clerk is the first mortgage on the property. any other mortgage would be subordinate in priority, and the priority is established by the date on which the mortgages are filed in the county clerks office

How get property out of mortgage in monopoly?

In Monopoly, to get a property out of a mortgage, you need to pay the bank the mortgage value of the property plus 10% interest. Once you pay this amount, the property is no longer mortgaged and you can develop it with houses or hotels. You can also trade or sell the property to another player while it is still mortgaged, but they will need to pay the mortgage amount to the bank when they take ownership.

I cosigned a mortgage for another person but I am not on the deed. What are my rights?

Actually, you have no rights. All you have is an obligation to pay the mortgage if the primary borrower doesn't pay. If you co-signed a mortgage for property that is owned by another person you have offered to pay the mortgage even though you have no rights or interest in the property. If the borrower defaults the bank will go after you for payments just as you promised when you signed the mortgage. If the mortgage is foreclosed it will be reported on your credit record.