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What states require a survey for a mortgage loan?
Some states require a survey for a mortgage loan as part of the closing process to confirm the property boundaries and identify any potential issues. Requirements vary by state and lender, so it's important to check with your specific state's laws and your lender's policies. Some common states that may require a survey include Texas, Florida, and New York.
What is the difference between a no closing cost loan and a personal loan?
A no closing cost loan saves you from paying a lot of money up front with closing costs, however, you will have a higher interest rate. A personal loan requires no collateral for the loan.
Can you get a bank loan if you are 17?
Depending on the state. Most states require to be 18 but it is possible for you to get a loan but with a co-signer
How much are closing cost loans?
Closing cost loans depends on the loan and credit of the individual applying for the loan. Sometimes closing cost can be included in the actual home loan itself.
Can you include closing costs in a home loan?
A person can include closing costs in a home loan. To include closing costs in a home loan certain criteria have to be met, such as the owner has to be willing to finance more than the value of the loan.
Where can one find information on the cost of home equity loan closing?
Information can be found in regards to the cost of closing a home equity loan from the loan provider. The loan provider will list these costs in the fee section of the loan agreement.
How can one obtain a no closing cost loan?
There are many ways one can obtain a no closing cost loan. One can obtain a no closing cost loan by visiting popular on the web sources like US Bank, Reed MC, and Kiplinger.
What states require surveys for mortgage loan closings?
Some states require surveys for mortgage loan closings, such as Texas, Florida, and New York. It is recommended to consult with a local real estate attorney or title company to determine the specific requirements in your state.
Which financial institution can supply information about closing costs for a home loan?
Banks can supply information about closing costs for a home loan. With a little information, you can estimate the closing cost for a home loan quite accurately using the tools provided at the Bankrate website.
Can you go to jail for closing your bank account on a payday loan company?
Can I be charged with bank fraud or any other criminal offense for closing an account on a payday loan?
Is there closing cost on an assumable loan?
Yes, there is usually a closing cost on an assumable loan. However, it will vary from state to state as laws are different from one place to another.
What are the basic closing costs on a home?
The closing cost on a persons house varies with the type of house and the size of the loan a person has borrowed. Closing cost on a home are usually around 3% and 5% of a persons loan amount but may also depend on the company that a person has taken a loan from.
