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Loans aren't taxed. If you're asking if it's possible to get a loan without showing your tax returns, it depends on the lender; they may be willing to accept other forms of proof of income.
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∙ 11y ago
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Is it possible to have your mortgage loan modified if one is current on mortgage payments?
Yes, although mortgage companies are more likely to modify a loan in default.
Can you get a mortgage loan without any actual real estate transaction involved?
A mortgage loan is a loan secured by real property through the use of a mortgage note which evidences the existence of the loan and the encumbrance of that realty through the granting of a mortgage which secures the loan by a forced sale.
Can I get a mortgage loan of I have a bankruptcy?
Yes, it is possible to get a mortgage loan after bankruptcy. Be very care though, your interest rate could be considerably high.
Can you claim closed end loan interest on your taxes?
Outside of a business setting, or home mortgage, No.
How is mortgage calculated?
A mortgage is calculate by multiplying the principle(or amount borrowed to purchase house), times the interest of the loan over the period of the loan. <a href="http://www.acalculator.com/fha-mortgage-loan-calculator.html">Mortgage Calculator</a> helps to find the maximum monthly payment and the maximum loan amount for which you may qualify, calculate your taxes/insurance and also to see if your income is sufficient to qualify.
Can you change the names on a mortgage loan?
Not without refinancing the existing loan and changing the names on the title to the property..
What happens with your credit if you lost the house for unpaid taxes?
Technically speaking, your home has nothing to do with your credit. A loan taken out with the home as collateral does. Therefore the foreclosure of such collateral by the county for unpaid property taxes will not affect your credit. It is very rare that any lender would allow the county to take a home they have a loan on (they will usually pay the taxes) so I assume you owned the home without a traditional mortgage. What will affect your credit are things like: Tax liens Late payments to a mortgage company Default on any mortgage debt
What is the purpose of an equity home loan mortgage?
An equity home loan mortgage is similar to a second mortgage where it is possible to borrow on the equity of a home. This helps reduce financial pressure like facing a foreclosure on a home.
can i get a loan to fix my house and not take out second mortgage?
can i get aloan to fix my house without taken a second mortgage out
Can a cosigner be removed from mortgage loan?
No. The loan must be paid off and you must refinance without the co-signer.
Is a mortgage considered a bond type security?
No. A mortgage is a loan secured by real estate.No. A mortgage is a loan secured by real estate.No. A mortgage is a loan secured by real estate.No. A mortgage is a loan secured by real estate.
Can I get a mortgage with bad credit?
It is possible to get a mortgage loan with bad credit but you will have to pay a lot higher interest rate and the loan amount will be lower. You can go to HUD and talk to a counselor about securing a mortgage loan with bad credit. There are a few different options for people with bad credit.
