0
What else can I help you with?
If a person left a house in a will with a mortgage payment what happens with the mortgage?
The mortgage has to be resolved. Either it must be sold and the mortgage paid off, or the person inheriting obtains a replacement mortgage.
Who would need to see your current monthly expenses when buying a house?
When buying a house, the lender or mortgage provider would need to see your current monthly expenses to assess your financial situation and determine if you can afford the mortgage payments.
How will the current bank rate affect the terms of my mortgage?
The current bank rate is one factor to how much interest you will pay on your mortgage. If the rate is very high, your interest will also higher, limiting how much you can take out in a mortgage and what house you can buy.
Can someone get a mortgage on a new house if they have not sold their current home?
Yes, but the existing mortgage (and interest on bridge loan) will be a factor in the points and interest on the new mortgage, as the initial risk to the lender is higher.
How does one know when it is time to refinance their house mortgage?
The best time to refinance your home's mortgage is when you believe that you have paid enough on your current mortgage to try to haggle for a lower rate. Usually several years.
What if you pay off your mortgage in animal crossing but you cant find a new room what happens then?
Once you pay of your mortgage, go to tom nook, speak to him he will he surprised and ask if you would like your house to be modified (bigger) say yes, then hell ask what color roof you want choose it, then the next day your house will be bigger but you have to pay of the mortgage for the bigger house then :(
If a person left a house in a will with a mortgage payment what happens with the mortgage?
The mortgage has to be resolved. Either it must be sold and the mortgage paid off, or the person inheriting obtains a replacement mortgage.
Are there any loan companies that will give you a loan for another house if you have not been paying the mortgage on your current house?
No.
How do you get a massive house on Animal Crossing?
To do this you have to pay of the mortgage for your house. Then, if you go to Tom Nook's shop he will talk to you about paying off your mortgage and you will be able to upgrade your house. This will come with a bigger mortgage. If you pay off this mortgage you will be able to upgrade again. You can repeat this cycle a few times until your house is fully upgraded. This may take a while.
If you are a joint mortgage holder and the other person on the mortgage files bankruptcy how does that impact the mortgage?
The house won't be affected at all UNLESS... The person filing BK is filing it on the house as well whether it be a 13 (repayment) or a chap 7
Who would need to see your current monthly expenses when buying a house?
When buying a house, the lender or mortgage provider would need to see your current monthly expenses to assess your financial situation and determine if you can afford the mortgage payments.
Who owns the house when a foreclosure has been dismissed without prejudice?
The person named in the current deed owns the house but the property is subject to the mortgage. The bank may be able to clear their title problems that led to the foreclosure being dismissed and file the foreclosure at a later date if it remains in default.The person named in the current deed owns the house but the property is subject to the mortgage. The bank may be able to clear their title problems that led to the foreclosure being dismissed and file the foreclosure at a later date if it remains in default.The person named in the current deed owns the house but the property is subject to the mortgage. The bank may be able to clear their title problems that led to the foreclosure being dismissed and file the foreclosure at a later date if it remains in default.The person named in the current deed owns the house but the property is subject to the mortgage. The bank may be able to clear their title problems that led to the foreclosure being dismissed and file the foreclosure at a later date if it remains in default.
How will the current bank rate affect the terms of my mortgage?
The current bank rate is one factor to how much interest you will pay on your mortgage. If the rate is very high, your interest will also higher, limiting how much you can take out in a mortgage and what house you can buy.
Can someone get a mortgage on a new house if they have not sold their current home?
Yes, but the existing mortgage (and interest on bridge loan) will be a factor in the points and interest on the new mortgage, as the initial risk to the lender is higher.
How does one know when it is time to refinance their house mortgage?
The best time to refinance your home's mortgage is when you believe that you have paid enough on your current mortgage to try to haggle for a lower rate. Usually several years.
Do you have to pay a mortgage on a house you own?
No, if you own a house outright with no mortgage, you do not have to pay a mortgage on it.
How can a person get a refinance mortgage?
An individual can get a refinance mortgage on their house by applying from one. Not everyone would be accepted though because their are some qualifications.
