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How much is the loan origination fee of a sixty five thousand dollar mortgage with a fee of three and a half points?
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
Can a spouse get a home equity loan without the other spouse's signature?
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.
When do you start repaying your student loan?
You typically start repaying your student loan after you graduate, leave school, or drop below half-time enrollment.
Sister cosigned a car loan but they registered the car in her name is that legal?
Its half hers.
How can you get out of an overpriced car loan through a credit union for an 8 year duration and the car is only worth about half of what the loan is for?
Unless you want to ruin your credit you don't. You taske your lumps and pay off the loan.
When do my student loan payments start?
Your student loan payments typically start six months after you graduate, leave school, or drop below half-time enrollment.
What are the requirements for a loan to be considered a qualified education loan?
A qualified education loan must be used to pay for qualified education expenses for a student who is enrolled at least half-time in a degree program. The loan must be from an eligible lender and the borrower must be the student, their spouse, or their dependent.
Can a cosigner of a home loan receive half of the proceeds?
Did you help make payments? If all you did is to cosign, then no.
Your name is on the deed to a house but not on the loan are you entitled to half of equity?
Yes. If you are a joint fee owner and you didn't sign the mortgage then your half interest is free of the mortgage.
Can a bank foreclose on half a mortgage?
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
Can you get a loan without a job but half the money down?
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.
When is the deadline for repaying my student loan?
The deadline for repaying your student loan varies depending on the type of loan you have. Typically, repayment begins six months after you graduate, leave school, or drop below half-time enrollment. It's important to check with your loan servicer for specific details and deadlines.
