0
Want this question answered?
Be notified when an answer is posted
Add your answer:
Earn +20 pts
What lenders do sub prime mortgages?
Not all lenders give the oppurtunity of sub prime mortgages, but one for example that does is the Infinity Federal Credit Union (IFCU). This is one of the posibilities.
What is the best rate of home mortgages?
There is no set best rate for home mortgages. You should shop around and see what offers you receive from different lenders and find out which is the best for you out of all of them.
Where would a person find more information regarding subprime mortgage lenders?
A general tutorial on subprime mortgages can be found at Investopedia. For information about subprime mortgage lenders: MyFHA, Consumer Affairs and MTGProfessor all have information on current lenders, rates and terms.
If two people have signed on a first mortgage as co-borrowers can one of them get a home equity loan without the other's signature?
This depends on the state you live in and the lenders requirements. Some states allow "anyone" on title to secure a second mortgage or equity line. Other states require that "everyone" on title sign for second mortgages and EQ lines. Lenders are increasingly requiring all titled partied to sign for a new loan. Some lenders only require that the second party simply sign an acknowledgment. This can be helpful in a case where one of the borrowers has recent credit problems. Now the other borrower can still obtain a 2nd mortgage.
Has the credit crisis affected the mortgage lending rates?
"The credit crisis has affected the mortgage lending rates drastically. Many lenders are not giving out loans and mortgages at all without either high down payments, or pristine credit."
What lenders do sub prime mortgages?
Not all lenders give the oppurtunity of sub prime mortgages, but one for example that does is the Infinity Federal Credit Union (IFCU). This is one of the posibilities.
What is the best rate of home mortgages?
There is no set best rate for home mortgages. You should shop around and see what offers you receive from different lenders and find out which is the best for you out of all of them.
Where would a person find more information regarding subprime mortgage lenders?
A general tutorial on subprime mortgages can be found at Investopedia. For information about subprime mortgage lenders: MyFHA, Consumer Affairs and MTGProfessor all have information on current lenders, rates and terms.
Why does the law require lenders to include all loan costs in the APR?
because it has a big problem with his female friends.
If two people have signed on a first mortgage as co-borrowers can one of them get a home equity loan without the other's signature?
This depends on the state you live in and the lenders requirements. Some states allow "anyone" on title to secure a second mortgage or equity line. Other states require that "everyone" on title sign for second mortgages and EQ lines. Lenders are increasingly requiring all titled partied to sign for a new loan. Some lenders only require that the second party simply sign an acknowledgment. This can be helpful in a case where one of the borrowers has recent credit problems. Now the other borrower can still obtain a 2nd mortgage.
What are the requirements for an auto loan?
Lenders will require you to provide information about the make, model, and year of the car you want to buy. They will also want to know how much money you make, and how much debt you have, and they will check your credit score. Some lenders (but not all) require a down payment as well.
Has the credit crisis affected the mortgage lending rates?
"The credit crisis has affected the mortgage lending rates drastically. Many lenders are not giving out loans and mortgages at all without either high down payments, or pristine credit."
Are 4506T forms always required on FHA loans?
FHA loans is a Full Documentation loan, and all income will need to be verified.
What does it mean if you're obligated to get car insurance?
The word obligated means: You Have To. Most States have minimum insurance laws. All lenders require insurance on the car.
Do you have to get a title search done to refinance?
That depends on the lender. Some require a full title examination and othrs require only a present owner rundown. Some lenders do not examine the title at all but rely on the credit report.
Are reversible mortgages available in Texas?
Yes, reverse mortgages are available in all 50 states.
What are the features of Firstline mortgages?
FirstLine Mortgages is no longer in operation. All FIrstLIne mortgages were moved to CIBC for ongoing service. There will be no change to your mortgage until renewal.
