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does it loan to built homes for low income familes.
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∙ 12y ago
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Does the government offer private school loans for low income families?
They will not offer private loans for low income families. You will have to get a private loan to be able to go to school.
What is a need based loan?
Need based loan is an Student loan for poor students or families that have income lower or barely above the poverty line, who cannot help pay a part of the current tuition for a higher education, they decide that using your Federal Income tax records from IRS. Yours and your parents if you are a dependent.
Can you get a loan on a mobile home that was built in 1972?
Most lenders and insurers are very reluctant to have anything to do with mobile homes built before 1975. -But keep looking, you may be lucky.
Where can i find a repair loan for a mobile home?
Some banks will allow these, but appear to be stuck on homes built after 1975 when HUD rules came out.
What is a state income mortgage loan?
A stated income mortgage loan is a loan where a borriwer is not required to verify there income. These loans were very popular and common before the recent mortgage crisis.
what kind of documentation do i need for a stated income loan ?
A stated income loan approves you for a loan based on the amount on income a person states. The bank does not verify this income. The only documentation that may be required is a Form 4506.
Is student loan reportable as income?
No, a student loan is NOT reportable income. Besides, it wouldn't make sense that immediate debt be considered income.
Is a Policy Loan taxable income?
No. Loans are never income
Do you get a 1099 if you take out a loan on a life insurance policy?
No. It is a loan, not income.
Can you get a car loan with no proof of income?
No.
Can you get a loan if you are a co signer for a student loan?
If you have a good enough income to qualify since the student loan is considered your loan.
How is interest on loans income treated in the books of a bank?
As long as the loan account is under standard category, the interest on such loan is treated as income, as the sub standard loan accounts does not earn interest and hence, the interest on such loans can not be considered as income
