i NEED TO APPLY FOR A GRANT
which grant can I apply to pay off a mortgage
what kind of a grant i need
what type of grant would help to pay off a mortgage of about $35,000 loan for senioir citizens?
When you sell your house, you will need to pay off your existing mortgage using the proceeds from the sale. If the sale price is higher than the remaining balance on your mortgage, you will keep the extra money. If the sale price is lower, you will need to come up with the difference to fully pay off the mortgage.
Mortgage repossession occur when you have no money to pay off your mortgage and only happens as a last resort to make up for the payments you can no longer pay off.
Your solicitor can negotiate with the lender for you but the mortgage is owned by the lender. You cannot take your wife's name off the obligation if she signed the mortgage. You would need to refinance in your own name and pay off that mortgage. You need to discuss the situation with your bank. If you want the mortgage in your name alone the property must also be in your name alone.Your solicitor can negotiate with the lender for you but the mortgage is owned by the lender. You cannot take your wife's name off the obligation if she signed the mortgage. You would need to refinance in your own name and pay off that mortgage. You need to discuss the situation with your bank. If you want the mortgage in your name alone the property must also be in your name alone.Your solicitor can negotiate with the lender for you but the mortgage is owned by the lender. You cannot take your wife's name off the obligation if she signed the mortgage. You would need to refinance in your own name and pay off that mortgage. You need to discuss the situation with your bank. If you want the mortgage in your name alone the property must also be in your name alone.Your solicitor can negotiate with the lender for you but the mortgage is owned by the lender. You cannot take your wife's name off the obligation if she signed the mortgage. You would need to refinance in your own name and pay off that mortgage. You need to discuss the situation with your bank. If you want the mortgage in your name alone the property must also be in your name alone.
The funds from the new mortgage are advanced to your solicitor who pays out the current first mortgage.
Well that depends on your mortgage payment and what you're doing for a living, if you have enough money to keep paying your mortgage without using the money then continue with your path, but if you need the money to pay off your mortgage then do it but you never want to completely pay off your mortgage because of the taxes will destroy you. My blind suggestion is to WISELY invest the money on either a great idea (and not all of it) or something solid because $100,000 dollars isn't much but can be worked with, also speak to a financial adviser but think for yourself P.S. I'm a big fan of commercial real estate or 6 family homes for example
No. The liens must be paid off before a lender will grant a mortgage. Sometimes the lender will arrange payment and roll that amount into the amount borrowed.
Papa intended to get the money to pay off the mortgage by selling the family's old cow, which they had named "Starlight."
You need to pay off the mortgage and refinance in your own name if you are the sole owner of the real estate.
you have two options when you need to pull out money from your property. 1.) cash-out refi- where you pay off the current mortgage and take additional cash with it. 2.) leave the current mortgage alone and taking a second mortgage out for the cash. Second mortgage all so means it is in second place behind the first mortgage