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What else can I help you with?
How can I navigate the process of building a new home while still paying off my existing mortgage?
To navigate building a new home while paying off your existing mortgage, consider options like a construction-to-permanent loan, which combines your current mortgage with the new construction costs. You may also explore refinancing or selling your current home to free up funds for the new build. Consult with a financial advisor or lender to determine the best approach for your situation.
What does a person need in order to cosign for a mortgage loan?
They need a good credit history. They also need to understand clearly that they will be fully responsible for paying the mortgage if the primary borrower defaults. Therefore they need a good enough income and steady employment to be able to pay off the mortgage on their own if necessary.They need a good credit history. They also need to understand clearly that they will be fully responsible for paying the mortgage if the primary borrower defaults. Therefore they need a good enough income and steady employment to be able to pay off the mortgage on their own if necessary.They need a good credit history. They also need to understand clearly that they will be fully responsible for paying the mortgage if the primary borrower defaults. Therefore they need a good enough income and steady employment to be able to pay off the mortgage on their own if necessary.They need a good credit history. They also need to understand clearly that they will be fully responsible for paying the mortgage if the primary borrower defaults. Therefore they need a good enough income and steady employment to be able to pay off the mortgage on their own if necessary.
Where could mortgage refinance with no closing costs be found?
You can normally refinance your mortgage with no closing fee if you can manage to renegotiate a mortgage with your existing lender. Otherwise, you can try asking in forums for the latest deals and reading blogs. Review sites are also helpful.
What level of cover is needed for mortgage life insurance?
Whatever amount you choose. Generally the amount of the mortgage for the length of time you will carry the mortgage. Often people will also encompass other needs into the coverage such as paying off other debts and final expenses.
Can a co-borrower on a mortgage refinance without the land owner's consent?
Of course not. The owner of the real estate must execute the mortgage. If the "co-borrower" is not also an owner then they are simply a "co-signer". In other words they have promised to pay off a loan for land they do not own. If the primary borrower defaults on their mortgage payments the co-signer will be held personally responsible for paying off the mortgage even though they don't own the land.Of course not. The owner of the real estate must execute the mortgage. If the "co-borrower" is not also an owner then they are simply a "co-signer". In other words they have promised to pay off a loan for land they do not own. If the primary borrower defaults on their mortgage payments the co-signer will be held personally responsible for paying off the mortgage even though they don't own the land.Of course not. The owner of the real estate must execute the mortgage. If the "co-borrower" is not also an owner then they are simply a "co-signer". In other words they have promised to pay off a loan for land they do not own. If the primary borrower defaults on their mortgage payments the co-signer will be held personally responsible for paying off the mortgage even though they don't own the land.Of course not. The owner of the real estate must execute the mortgage. If the "co-borrower" is not also an owner then they are simply a "co-signer". In other words they have promised to pay off a loan for land they do not own. If the primary borrower defaults on their mortgage payments the co-signer will be held personally responsible for paying off the mortgage even though they don't own the land.
What are your rights with joint mortgage and you have split up and am am now paying all mortgage?
Each person who signed the mortgage is responsible for paying that debt. You should discuss your situation with an attorney, especially if the other person's name is also on the deed.
Is paying off my mortgage in full a good idea?
Yes, paying off your mortgage in full is a great idea as you can escape the loan and have peace of mind at night. You can also have more flexibility in your finances as you have no monthly mortgage payment to make.
How can I navigate the process of building a new home while still paying off my existing mortgage?
To navigate building a new home while paying off your existing mortgage, consider options like a construction-to-permanent loan, which combines your current mortgage with the new construction costs. You may also explore refinancing or selling your current home to free up funds for the new build. Consult with a financial advisor or lender to determine the best approach for your situation.
How can you pay off a mortgage early.?
You can pay off a mortgage early by paying more then what you own monthly, but also there could be some help with it, check out these websites www.calculators4mortgages.com/mortgage.../early-payoff-pre-pay -
Your exwife and you are divorced but you were still paying all the mortgage up until this month as you lost your job.IT is going through the court about the house.?
If your decree makes you responsible for paying the mortgage, then you should try to contact the mortgage company about getting some arrangement going that will help you stay current while you find another job. You should also contact your ex wife about the situation, and hope she can step up for a few months to help with the issue.
What if your name was on the mortgage application and the note but didn't make it onto the mortgage which was in the name of the co-owner only. can you get out of paying that debt?
You could not be approved for a mortgage because your credit was too poor and you needed a co-signer. Your co-signer was wise enough to arrange that the title be in his name also. You signed the mortgage application and the note. Through inadvertence and error the bank didn't have you sign the mortgage. It has enough evidence to "reform" the mortgage in court. You are responsible for paying the debt.
Can you remove your wife from the title?
If she is also paying the mortgage, then you will need to get the agreement of the lender to do this. At my divorce, I signed a quitclaim, which may be what you need.
Do banks have mortgage calculators online?
RBC and TD Canada Trust are two banks that have mortgage calculators online, but you can also check out http://www.bankrate.com/calculators/mortgages/mortgage-calculator.aspx to see how adding extra payments to your mortgage would shorten the term for paying it off.
Where could mortgage refinance with no closing costs be found?
You can normally refinance your mortgage with no closing fee if you can manage to renegotiate a mortgage with your existing lender. Otherwise, you can try asking in forums for the latest deals and reading blogs. Review sites are also helpful.
What does a person need in order to cosign for a mortgage loan?
They need a good credit history. They also need to understand clearly that they will be fully responsible for paying the mortgage if the primary borrower defaults. Therefore they need a good enough income and steady employment to be able to pay off the mortgage on their own if necessary.They need a good credit history. They also need to understand clearly that they will be fully responsible for paying the mortgage if the primary borrower defaults. Therefore they need a good enough income and steady employment to be able to pay off the mortgage on their own if necessary.They need a good credit history. They also need to understand clearly that they will be fully responsible for paying the mortgage if the primary borrower defaults. Therefore they need a good enough income and steady employment to be able to pay off the mortgage on their own if necessary.They need a good credit history. They also need to understand clearly that they will be fully responsible for paying the mortgage if the primary borrower defaults. Therefore they need a good enough income and steady employment to be able to pay off the mortgage on their own if necessary.
What is the advantage in paying with a lump sum?
The advantage of a person paying with a lump sum is that it will affect the interest that a person will pay on the money they have borrowed. Paying a lump sum will also help a person because a person will pay less on their interest and mortgage.
What level of cover is needed for mortgage life insurance?
Whatever amount you choose. Generally the amount of the mortgage for the length of time you will carry the mortgage. Often people will also encompass other needs into the coverage such as paying off other debts and final expenses.
