it is when you loan animal but you go down less to look after it and you pay less, and when you half loan usually someone can half loan with you!
Each point represents 1% of the loan amount, so 3 & a half points would equal 3.5% of the 65,000 loan amount or $2,275
All the owners of the property must sign in order for the lender to have the authority to take the property by foreclosure in the case of a default. A prudent lender will not loan money on a half interest in real property since they could not take possession of the non-borrower's half interest if the loan wasn't paid.All the owners of the property must sign in order for the lender to have the authority to take the property by foreclosure in the case of a default. A prudent lender will not loan money on a half interest in real property since they could not take possession of the non-borrower's half interest if the loan wasn't paid.All the owners of the property must sign in order for the lender to have the authority to take the property by foreclosure in the case of a default. A prudent lender will not loan money on a half interest in real property since they could not take possession of the non-borrower's half interest if the loan wasn't paid.All the owners of the property must sign in order for the lender to have the authority to take the property by foreclosure in the case of a default. A prudent lender will not loan money on a half interest in real property since they could not take possession of the non-borrower's half interest if the loan wasn't paid.
Its half hers.
Unless you want to ruin your credit you don't. You taske your lumps and pay off the loan.
Did you help make payments? If all you did is to cosign, then no.
I have a 250,000.00 back loan on a business and there foreclosing for 140,000.00 and wont me to sign to resign a loan that was collateral property put up for the one there foreclosing on me and my father was on the loan and he passed away 30 day ago
Not likely but only a lender can answer this question. My question is why in the world would you want to take out a loan when you do not have a job earning money. How are you going to make payments on a loan when you have no income. This sounds very foolish to me.
Yes. If you are a joint fee owner and you didn't sign the mortgage then your half interest is free of the mortgage.
There is no simple answer to this question. In most cases the answer would be no. When two or more parties signed a contract to be responsible for payments of a loan, all parties are responsible until the loan is paid in full.
Usually when you are granted a loan it will have 2-3 disbursements. Think of a disbursement as a "payment." If half of your loan pays out to the school, you will begin paying interest on that amount. When the second disbursement comes in, you will begin paying interest on that next amount.
IF your name is NOT on the loan as co-signor or signnor, NONE. IF you live in a community property state, check with an attorney for info on that.
If you are taking 6 credit hours, you are considered half-time in many school. Please ask your school if they consider you enrolled at-least-half-time. If they do, you may be eligible for an in-school deferment on your student loan payments. You must be a new borrower, (no federal loans before 1993) and attending a Title IV school at least half-time. Contact your financial aid office and/or your loan holder for more information.