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What is it called when a borrower receives a refund after paying his note?
Wiki User
∙ 14y ago
When a loan is paid off, the mortgage company gives an estimated payoff amount. This is based on a specific date. If the payoff date is before that date, the interest amount will be less than estimated. The excess payment results in a refund called an ESCROW BALANCE REFUND.
Wiki User
∙ 14y ago
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If you get a loan from a credit union and they put gap insurance in it can you get a refund?
It depends. If you paid it all upfront in cash for the life of the loan and you trade the car in early you might be entitled to a small refund. If the gap insurance is included in the car payment then no. There is no refund at that time, because you are paying only for what you use.
Do you get an refund check back from FAFSA?
You get the refund from your school if there is a remaning balance once all your fees have bene paid off. Mnay school's work with a company called Higher-One that distributes the refund's. (paper check/debit card/bank transfer.)
WILL the borrower BE hELD responsible for property taxes during foreclosure?
It depends on whether or not they have already been paid. Some sellers request a partial refund for any taxes already paid. Others will pay them for you. Just depends on what the seller wants to do really.
Where could I find out about a tax refund loan?
A tax refund loan is a loan that is provided to you until you receive your tax refund. You can pursue this option if you have done your taxes and are expecting a refund.
What is the annuity type called that guarantees to pay out an income equal to the purchase price of the annuity?
Refund Life Annuity
When a medical practice receives an overpayment from a health plan it callef what?
Issues a refund
What is the process by which individuals have their federal income tax collected?
1. the employer withholds estimated taxes 2. the taxpayer files a tax return the government receives a tax payment or gives a tax refund 3. the government receives a tax payment or gives a tax refund
In the state of Indiana if a bank reposssess the vehicle and the sale of the vehicle ends up in a surplus situation does the bank need to refund the profits of the sale to the borrower?
NO
What is the definition of a federal tax refund?
A Federal Tax Refund is when the Government pays you back money it has technically borrowed from you during the previous year without paying you interest.
How it is called partial refund?
It can be called a resale.
Do you get a refund for paying child support?
Not unless you overpaid. I'm curious to know why you think you should.
How can you get car insurance coverage without paying full year premium after cancellation?
They refund you the remainder of the premium not used for the year.
If you get a loan from a credit union and they put gap insurance in it can you get a refund?
It depends. If you paid it all upfront in cash for the life of the loan and you trade the car in early you might be entitled to a small refund. If the gap insurance is included in the car payment then no. There is no refund at that time, because you are paying only for what you use.
Can IRS take your refund even if you are paying them monthly with voluntary payroll deduction?
If your payment is for a balance owed to the IRS then yes, they will take any money due to you from a refund and apply it to your balance. Should your balance due be less than what you owe them you should receive a refund for what's left.
Can I get an advance on my tax refund Where can I go in Oklahoma City?
Yes, you can get an advance on your tax refund. Some places that can prepare your taxes can also give you something called the Rapid Refund.
Who is called a hypocrite by Wasserkopf in the play Refund?
mathematics master
Can you still get a federal tax refund if you didn't pay state tax the year prior?
You can file a federal tax return and get a refund regardless of the status of your state taxes. If you owe overdue taxes to the state and they have gotten around to it, the state can intercept your federal refund. So, your refund might go to paying your overdue state taxes instead of being sent to you. But unless you file a federal tax return, no refund will be generated and your state taxes will not be paid.
