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How does making a loan for an apartment from a bank work?
buy some loan from bank
Why do most people take a mortgage loan when they purchase a house?
They take the loan to purchace the house.Not many people have $400,000 + in their bank..Thus they borrow it from the bank.
Is a mortgage considered a consumer loan?
Yes, a mortgage is considered a consumer loan because it is a type of loan that individuals take out to purchase a home or real estate property.
What is a non purchase money loan?
A purchase money loan is a loan usually used to buy a home. A non purchase money loan is a loan for other reasons where the lender does not know what is being bought.
Is it possible to purchase a unit within an apartment complex?
Yes, it is possible to purchase a unit within an apartment complex.
If you buy a house do you have to pay rent?
If you purchase a home you have to pay a mortgage which is a repayment of a loan you used to purchase the house. Paying rent is when you sighed a leasing agreement for an apartment you are renting.
Can you get out of your lease if you lost your home to a hurricane and moved into an apartment but now have been offered a low interest loan through a relief program to purchase a home?
yes you can all you have to do is show them your purchase agrement when you buy
How does making a loan for an apartment from a bank work?
buy some loan from bank
How do you answer reason for vacating apartment?
is to purchase a home and take advantage of tax benefits and pride of ownership
Why do most people take a mortgage loan when they purchase a house?
They take the loan to purchace the house.Not many people have $400,000 + in their bank..Thus they borrow it from the bank.
Is a mortgage considered a consumer loan?
Yes, a mortgage is considered a consumer loan because it is a type of loan that individuals take out to purchase a home or real estate property.
What is a non purchase money loan?
A purchase money loan is a loan usually used to buy a home. A non purchase money loan is a loan for other reasons where the lender does not know what is being bought.
What are expenses that apartment dwellers do not have to pay?
A mortgage loan
Is it possible to purchase a unit within an apartment complex?
Yes, it is possible to purchase a unit within an apartment complex.
What is second home mortgage?
A second home mortgage is a loan that you take to purchase your second home.
Can someone else take out a loan on a car for you?
This is called a 'straw' purchase. It does happen in the industry, but the banks do not allow it.
How can I take my name off a straw purchase on a car loan?
If you co-signed a car loan you can't take your name off the loan. If you co-sign for someone with no credit or poor credit you are promising to pay off the loan if they don't. The only way to get your name off the loan is to pay it off or have the borrower refinance the loan in their own name.
