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It is the discretion of the lending institution. When the dealer is processing the transaction they will show all the numbers in the document but it is up to the lending institution to accept. Most dealers are very "savy" and what they will do is inflate the price of the purchased vehicle in order to inflate the value of the trade in. They knowthe maximums the lending institutions will go and they play with the numbers.The lending isntitution will decide based on your credit worthines and the loan ratios.
What else can I help you with?
Do you add a loan to cash on balance sheet?
Cash is added as asset and amount of loan is recored as a liability.
How does the remaining balance in a vehicle repossession case get solved?
Once the vehicle is repoed, if it is not redeemed, the vehicle is sold at auction. This purchase price is applied to the debt. The problem is, the repossession procedure can add much more to the balance owed. So, there is likely to be a remaining balance, and it could be higher than was originally owed on the loan before the vehicle was repoed. In cases where a balance remains, the lender may decide to take legal action and sue the borrower.
The new product ID code can be used to update a current subscription. It will add on another year to the time remaining.?
The new product ID code can be used to update a current subscription. It will add on another year to the time remaining.
How does one add the closing cost to their home loan?
This could be done by taking out another loan on top of the loan which is already in place, although it would heavily increase the amount you owe and put you in horrific debt.
Can you put delicate balance of nature in a sentence please?
The delicate balance of nature in one area can be changed when you add something from another area.
How do you add your child as joint tenant to your home loan?
How do you add your child as joint tenant to your home loan
What is the relationship of an APR for an add-on rate for a one-payment loan compared to an add-on for a monthly installment loan?
What is the apr for 17% add on for two years
How do you add a name to a loan?
The original loan would need to be refinanced.
Can you add a previous car loan into a new car loan?
No, it is not possible. Your previous loan must be completed to get a new car loan
Can you add a co-borrower to an existing home loan?
No, you have to refinance the mortgage. The person you want to add to the loan needs to apply with you on the new one.
How can I add land to my existing mortgage?
To add land to your existing mortgage, you can typically apply for a loan known as a land loan or a lot loan. This loan allows you to finance the purchase of additional land and add it to your existing mortgage. You will need to meet the lender's requirements for creditworthiness and the value of the land being added.
Do mortgage companies add money on your loan modification?
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