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I infer from the wording of your question that you wish to borrow the money for the down payment on a house other than your primary residence. This is a big no-no. It doesn't matter what bank you go to. A down payment is supposed to be the loan-seeker's financial stake in a purchase. There are supposed to be no strings -- that is, liens -- attached to it.
What else can I help you with?
Which bank is best to get a mortgage?
Mostleaders/banks have the same products, your ability to get a mortgage loan will be hinged on your credit score and your ability to purchase a house.
Are banks allowed to foreclose on houses?
Yes they are allowed too if they own the mortgage because in reality the house is owned by the bank until the principle is paid for. It is almost the same thing as renting or leasing except the house is in your name. In this case the bank is the landlord. Check this article about FDIC pays bank to foreclosed.
Is it possible to deposit the same check twice?
No, it is not possible to deposit the same check twice as the bank's system will detect duplicate deposits and prevent it from being processed.
Is the fixed deposit and term deposit same?
Yes. Fixed Deposit and Term Deposit both refer to the same thing. A deposit account is one in which you keep a fixed sum of money for a specific duration (Usually atleast a few months) based on an agreement with the bank. The bank does not expect you to withdraw funds regularly from this account and hence gives you a better interest rate.
Can you deposit a money order in the same way as a check?
Yes, you can deposit a money order in the same way as a check by endorsing it and depositing it at a bank or through a mobile banking app.
Which bank is best to get a mortgage?
Mostleaders/banks have the same products, your ability to get a mortgage loan will be hinged on your credit score and your ability to purchase a house.
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.
Is state bank of India state bank of hyerabad state bank of mysore banks are same we can deposit the amount from state bank of hyerabad to state bank of India?
No We cannot deposit directly into the accounts of the different state banks.
What is a bank certificates of deposit called a time deposit?
time deposit means payable at specified time same is the case with bank deposit ie. fixed deposit that is payable after certain period means not less than 7 days to earn interest so fds are called as time deposit
Are banks allowed to foreclose on houses?
Yes they are allowed too if they own the mortgage because in reality the house is owned by the bank until the principle is paid for. It is almost the same thing as renting or leasing except the house is in your name. In this case the bank is the landlord. Check this article about FDIC pays bank to foreclosed.
Is it possible to deposit the same check twice?
No, it is not possible to deposit the same check twice as the bank's system will detect duplicate deposits and prevent it from being processed.
If you have zero balance account in PNB branch can you deposit money in any other branch in same bank?
yes you can deposit money in any other branch of pnb bank.
Is the fixed deposit and term deposit same?
Yes. Fixed Deposit and Term Deposit both refer to the same thing. A deposit account is one in which you keep a fixed sum of money for a specific duration (Usually atleast a few months) based on an agreement with the bank. The bank does not expect you to withdraw funds regularly from this account and hence gives you a better interest rate.
What is the homophone for a edge of a river and to deposit money?
The homophone for "a edge of a river" is "bank" and the homophone for "to deposit money" is "bank." Both words sound the same but have different meanings depending on the context.
Can you deposit a money order in the same way as a check?
Yes, you can deposit a money order in the same way as a check by endorsing it and depositing it at a bank or through a mobile banking app.
Can a bank wire transfer be reversed?
It Depends. Yes - If the transaction is currently in progress and deposit instructions are not yet sent to the receiving bank No - If the transaction is completed or if deposit instructions are already sent to the receiving bank and the receiving bank has already acknowledged the receipt of the same
Is a quitclaim deed the same as a mortgage deed?
No. A quitclaim deed transfers the property to a new owner permanently. A mortgage deed is a conditional deed that transfers title to the bank only until the mortgage is paid and then the bank must release its interest.
