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What is half loan?

Updated: 8/20/2019
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12y ago

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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!

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12y ago
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Q: What is half loan?
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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.


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.


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.


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.


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 you one signatory remove their name from ajoint loan if they pay out their half?

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.


What does it mean to disburse a loan?

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 you are separated will you be responsible for half the debt if the your husband's car is repossessed if your name is not on the loan?

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.


Can you file a forbearance on your student loan if taking 6 hours?

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.