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Yes. You can only get a mortgage if you own the home.

Yes. You can only get a mortgage if you own the home.

Yes. You can only get a mortgage if you own the home.

Yes. You can only get a mortgage if you own the home.

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12y ago
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12y ago

Yes. You can only get a mortgage if you own the home.

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11y ago

Yes, I think thats a good idea.

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Q: Can you use your home to obtain a loan from a bank?
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Related questions

What are the names of two services one might use to obtain a money loan?

One service one might use to obtain a money loan is to take out a second mortgage on ones home. Another service one might use to obtain a money loan is through a personal loan through ones bank.


Is it illegal to use a false Social Security number to obtain a bank loan?

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How do you use bank loans to buy a starter home in the game of life?

One bank loan = $20,000. But if you get a bank loan, you have to pay $25,000 back to the bank by the end of the game. The bank gives you $20,000 when you get a bank loan, and you can use that money to pay for your house. Just remember one bank loan is essentially -$5000.


How can I obtain a business loan?

You can obtain a business loan by going to a bank or lending institution. The different lenghts of time that you take the loan for will determine your interest rate. Another thing to consider is what assets do you have that you can use as collateral? This could help determine if you are eligible for the loan.


How can one obtain a business car loan?

You can receive a loan for a business car by contacting the local bank or credit union that you use for financing . You can also contact any nearby bank to receive a variety of quotes to select the best choice.


Where online can one obtain a loan to purchase an RV?

Your own bank or credit union very likely has an online loan application that you can use. The dealership where you are purchasing the RV may also have such an option.


What service would one use to find a low rate home loan?

There are many companies which would give a low rate home loan. Some of the most notable are Bank of America, Capital One, Progressive, Discover, and Citi Bank.


What type of cred it is if a bank loans you money to buy a new car?

Normally it is called an Auto Loan if you are using the vehicle as collateral for the loan. But, you can use something else as collateral such as your home, in which case it would be a Home Equity loan.


What is a home mortgage?

A home mortgage is a loan that is secured by property through the use of a mortgage note that ultimately grants you a mortgage for your home. You can obtain financing on the purchase of your new home or any home.


The Department of Veterans Affairs guarantees home loans to veterans true or false?

Yes, they do. There are a few minor conditions, but any home loan agency or bank can use the VA to 'guarantee' a home loan.


How does one use a bank loan calculator?

A bank loan calculator decides how much the bank can borrow a person for a selected period of time. The loan calculators also sum up how long it will take one to pay off the total debt with interest. To use a bank loan calculator, go to the bank website, select the type of loan, enter the duration of the loan and the results will be displayed on screen.


How can one obtain a loan from Northern Rock?

Northern Rock was a British bank that has been bought and merged with Virgin Money which is a brand. To get a loan with Virgin Money, you look for a lender and use Virgin Money as the service provider.