Of course as long as you have the income to support both loans. If you are past due with your school loans the process will be much more difficult.
can I get a loan if I owe another lendor/
If the loan had a government guarantee or insured aspect, and your in collection status, yes.
More than likely if your credit is good you can still refinance a home that is valued at less than you owe. You would have to roll the difference in what it's worth and what you owe into the new loan. This would only be beneficial if the new loan had a much lower interest rate than your current loan. You can consult a mortgage professional for further details on your options regarding the situation.
To take out a loan against your house, you can apply for a home equity loan or a home equity line of credit (HELOC) through a bank or mortgage lender. These loans allow you to borrow against the equity you have in your home, which is the difference between the value of your home and the amount you owe on your mortgage. Keep in mind that taking out a loan against your house puts your home at risk if you are unable to repay the 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 I get a loan if I owe another lendor/
You owe the loan. The bankruptcy of who you gave it to makes no difference on who or what you owe your debts. (And if you owe the school money, you will be required to pay it too, and that money will be used to pay some of the debts of the BK school.) It would seem you just made a bad, and possibly costly, choice of places to buy an education from.
If the loan had a government guarantee or insured aspect, and your in collection status, yes.
More than likely if your credit is good you can still refinance a home that is valued at less than you owe. You would have to roll the difference in what it's worth and what you owe into the new loan. This would only be beneficial if the new loan had a much lower interest rate than your current loan. You can consult a mortgage professional for further details on your options regarding the situation.
A lien will not prevent your home from going into auction. Apparently, you owe someone for the loan to purchase the home, or you owe the HOA past-due assessments, or other debt for whicih your home is security.
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Sell it for what you owe if it is possible. Pay off the loan, get the title and sign it over to the new buyer. If you cannot get what you owe, then get as much as you can. Get a personal loan from the bank to pay of the remaining balance. The personal loan is better than the amount you owe on the car.
To take out a loan against your house, you can apply for a home equity loan or a home equity line of credit (HELOC) through a bank or mortgage lender. These loans allow you to borrow against the equity you have in your home, which is the difference between the value of your home and the amount you owe on your mortgage. Keep in mind that taking out a loan against your house puts your home at risk if you are unable to repay the 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.
A stand alone second mortgage is another loan that is taken out against your home when the first loan is still in order. If your home goes to foreclosure, you will still owe this money as well.
LTV stands for "loan-to-value." In short, how much you're borrowing versus how much the home is worth. For example, if a home is worth $100,000 and your loan is for $80,000, then you owe 80% of the home's value, therefore the LTV is 80%.
The balance means the amount of money that you still owe on the loan.