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What is guaranteed mortgage loans?

Updated: 9/20/2023
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12y ago

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A guaranteed loan of any type is a loan that is backed up by your automobile, home or anything else of equal value that you put up to back the loan.

This is not the best type of loan to take out because you can easily lose the item you put up for collateral against the loan if you do not make a timely payment. Many times and depending upon the contract for the loan, you could lose your car if you miss a payment for only one day. Read the fine print.

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What are some of the different types of mortgage loans?

There are many different types of mortgage loans that are available for the average consumer. One can get fixed rate loans, adjustable loans, and governments guaranteed loans.


What are some of the companies that offer guaranteed home loans?

There are some companies that offer guaranteed home loans. Among these companies are the Guaranteed Home Mortgage Company and the Homeloan Guarantee Company.


What are the types of federal mortgage loans?

Not sure what you mean by "federal mortgage loans," but two possibilities are: Veterans Administration (VA) loans that are made by local lenders/mortgage companies and guaranteed by the federal government; and Federal Housing Administration (FHA) loans that are made by local lenders/mortgage companies and insured by the federal government. Also, the USDA offers subsidized loans to farmers and low-income homeowners in rural areas. Other possibilities are Federal National Mortgage Association (FannieMae) and Federal Home Loan Mortgage Corporation (FreddieMac). They are considered Government-sponsored Enterprises. They purchase mortgage loans that are made by local lenders/mortgage companies.


What are some guaranteed payday loans?

Guaranteed payday loans are loans that a person is guaranteed to receive upon their application for the loan. Guaranteed payday loans are loans against a future paycheck. When the applicant has received the paycheck that the loan was made against, they pay the loan back.


What types of home loans are there?

There are a couple of types of home loans available. Some of those types include FHA loans, Fixed-Rate Mortgage loans, VA loans, and Interest-Only Mortgage loans.

Related questions

Does the VA guarantee their mortgage loans?

Yes, a VA mortgage loan is guaranteed. A VA loan is a mortgage loan guaranteed by the US Department of Veterans Affairs.


What are some of the different types of mortgage loans?

There are many different types of mortgage loans that are available for the average consumer. One can get fixed rate loans, adjustable loans, and governments guaranteed loans.


What are some of the companies that offer guaranteed home loans?

There are some companies that offer guaranteed home loans. Among these companies are the Guaranteed Home Mortgage Company and the Homeloan Guarantee Company.


What are the types of federal mortgage loans?

Not sure what you mean by "federal mortgage loans," but two possibilities are: Veterans Administration (VA) loans that are made by local lenders/mortgage companies and guaranteed by the federal government; and Federal Housing Administration (FHA) loans that are made by local lenders/mortgage companies and insured by the federal government. Also, the USDA offers subsidized loans to farmers and low-income homeowners in rural areas. Other possibilities are Federal National Mortgage Association (FannieMae) and Federal Home Loan Mortgage Corporation (FreddieMac). They are considered Government-sponsored Enterprises. They purchase mortgage loans that are made by local lenders/mortgage companies.


What are some guaranteed payday loans?

Guaranteed payday loans are loans that a person is guaranteed to receive upon their application for the loan. Guaranteed payday loans are loans against a future paycheck. When the applicant has received the paycheck that the loan was made against, they pay the loan back.


What types of home loans are there?

There are a couple of types of home loans available. Some of those types include FHA loans, Fixed-Rate Mortgage loans, VA loans, and Interest-Only Mortgage loans.


Are Veteran Loans guaranteed by the federal government?

Yes, VA loans are guaranteed by the federal government. More specifically, they're guaranteed by the U.S. Department of Veterans Affairs.


Where could one secure a mortgage loan?

One can secure a mortgage loan at various companies, banks, or lenders that offer mortgage loans. Some institutions that offer mortgage loans are Bank of America, Quicken Loans, and Wells Fargo.


What types of loans does Commercial Mortgage Bank offer?

Commercial Mortgage bank offers a variety of loans through their bank that includes home loans, student loans as well as business loans to their customers.


Where can one find guaranteed auto loans?

One can find guaranteed auto loans by visiting a number of websites. There are a multitude of websites dedicated to offering auto loans such as carmaxfinance.


What services do TILA mortgage provide?

There are a variety of services that are offered by the TILA Mortgage company. The Seattle based company TILA offers mortgage refinancing, home loans, FHA loans as well as VA loans.


What companies offer mortgage loans online?

Mortgage loans are offered by a wide range of banking, financial, and other funded companies online. A majority of banks as well as financial institutions provide the mortgage loans.