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Can you explain how a joint mortgage works?
A joint mortgage is a home loan taken out by two or more people, typically partners or family members. All parties are equally responsible for repaying the loan, and the property serves as collateral. This arrangement allows multiple individuals to share the financial responsibility and benefits of owning a home together.
Can your name be taken off mortgage without a signature?
Your name cannot be taken off a mortgage because the mortgage is owned by the lender. You remain responsible for the mortgage until it is paid off or refinanced without you.
When inheriting property when does the mortgage not go with it?
==One Answer== Inherited real property that is encumbered by a mortgage would be taken free of the mortgage IF the will also specified that the mortgage would be paid by the estate.
can i get a loan to fix my house and not take out second mortgage?
can i get aloan to fix my house without taken a second mortgage out
What is the difference between a mortgage vs a home equity loan?
A mortgage is taken out for the sole purpose of paying for and acquiring a home. A home equity loan is taken out on a property where you already have a mortgage or have paid off the mortgage and want to release some of the difference between the value of your home and the balance of any remaining mortgage to spend on other purposes.
What is joint life insurance policy Describe the accounting treatment of joint life policy upon death of a partner?
Joint life policy is an policy taken by all the partners of the partnership firm for avoiding the disturbance in business due to death or retirement of partners,so when a partner dies insurance company will pay the representatives of the deceased partner otherwise the assets would have to be sold which can led to disturbance of business.thus,JLP is taken...........
Can you explain how a joint mortgage works?
A joint mortgage is a home loan taken out by two or more people, typically partners or family members. All parties are equally responsible for repaying the loan, and the property serves as collateral. This arrangement allows multiple individuals to share the financial responsibility and benefits of owning a home together.
Can your benefits be taken if you are bankrupt?
Absolutely Not ! One has Nothing to do with the Other !
Can your name be taken off mortgage without a signature?
Your name cannot be taken off a mortgage because the mortgage is owned by the lender. You remain responsible for the mortgage until it is paid off or refinanced without you.
Is a re mortgage the same thing as a mortgage?
No, a mortgage is a loan taken from a bank to purchase land or property. A remortgage is a loan taken from a bank to pay off an existing mortgage. This is done in an attempt to lower the amount of interest paid to the bank, and should not be confused with a second mortgage.
Has welcome finance gone bankrupt?
Yes, Welcome Finance has gone bankrupt. The company has been taken over by the FSCS while it is insolvent in order to handle claims.
When inheriting property when does the mortgage not go with it?
==One Answer== Inherited real property that is encumbered by a mortgage would be taken free of the mortgage IF the will also specified that the mortgage would be paid by the estate.
What does taken mean?
taken means that are actually in a relationship..but not really in love... if you say i am in a love taKEN relationship means that you are in a relationship that u love you partner and your partner loves you back
can i get a loan to fix my house and not take out second mortgage?
can i get aloan to fix my house without taken a second mortgage out
What is the difference between a mortgage vs a home equity loan?
A mortgage is taken out for the sole purpose of paying for and acquiring a home. A home equity loan is taken out on a property where you already have a mortgage or have paid off the mortgage and want to release some of the difference between the value of your home and the balance of any remaining mortgage to spend on other purposes.
What happened to Countrywide mortgage?
Taken over by Bank of America
How accurate is the BBC's mortgage calculator?
The BBC's mortgage calculator only provides an estimate of what your mortgage should be depending on the data you feed into it. There may be other factors which need to be taken into consideration before the actual mortgage is calculated.
