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They could still cosign. It would mainly land on the bank to see if they would approve this person as a cosigner. More then likely they would if they have a mortgage as well as 2 other car loans that are up to date. This person probably has very good credit and all they'd need is a good amount of funds coming in to get approved.
What else can I help you with?
Have you thought of using Quicken Loans Mortgage?
I have not thought of using quicken loans mortgage before today. I still am not interested in using it because I have no interest what it is offering.
What is the most common length for a mortgage loan?
The most popular loans are still the 15 & 30-year fixed mortgage.
If you can't get a loan and ask someone to cosign can the dealer still say no even if the cosigner has really good credit?
A lender can say no for any reason at all. Usually, though, if you can establish employment and have a good co-signer, a lender will agree.
How do you calculate equity in the property?
Equity is calculated by subtracting the amount still owed on the mortgage loans from the fair market value of the property.
What is a loan without credit check?
Loans Without Credit check or you can say the No Credit Check Loans are loans in which the borrower's credit history does not play any part. The Lender will not check the past records of the borrower. It is a good option for those who have from Bad Credit and need Funds. If you are facing problem in paying your dues for your education and you even have problem in getting loan with out cosigner or credit check than there are still some options available. You can apply for private loans that require no credit check or cosigner.
When the cosigner dies is the spouse responsible for a repossion that she did not cosign for?
The spouse is not responsible and should not have this on her credit. But the estate of the deceased will still be responsible for the debt.
Have you thought of using Quicken Loans Mortgage?
I have not thought of using quicken loans mortgage before today. I still am not interested in using it because I have no interest what it is offering.
What lenders do "stated income" mortgage loans for self employed borrowers?
Stated income loans, often called No Doc loans are harder to come by since the mortgage crisis. You might check with Great Western Mortgage to see if they still offer this type of loan.
What is the most common length for a mortgage loan?
The most popular loans are still the 15 & 30-year fixed mortgage.
What kind of loans does Lake City Mortgage give?
Lake City Mortgage, located in Salt Lake City Utah, provides numerous types of loans such as VA, Fixed rate, Mobile Home loans, FHA, Low income loans, fixed credit loans and more. Lake City Mortgage claims to offer some of the lowest mortgage rates in the area and still provide consumers with amazing service.
Does the bank still collect from a deceased co signers estate if the property was sold?
The bank has a lien on a mortgaged property that is not affected by a transfer of the property. The bank will go after the decedent's estate and the cosigner for payment of the mortgage. If the mortgage isn't paid the bank will take possession of the property by a foreclosure.The bank has a lien on a mortgaged property that is not affected by a transfer of the property. The bank will go after the decedent's estate and the cosigner for payment of the mortgage. If the mortgage isn't paid the bank will take possession of the property by a foreclosure.The bank has a lien on a mortgaged property that is not affected by a transfer of the property. The bank will go after the decedent's estate and the cosigner for payment of the mortgage. If the mortgage isn't paid the bank will take possession of the property by a foreclosure.The bank has a lien on a mortgaged property that is not affected by a transfer of the property. The bank will go after the decedent's estate and the cosigner for payment of the mortgage. If the mortgage isn't paid the bank will take possession of the property by a foreclosure.
How To Get Student Loans Without a Cosigner?
If you have been looking for ways to pay for college, you have probably thought about taking out a few student loans. However, you might have found that a lot of student loans require that you have either a high credit score or a cosigner. If you don't have credit or if your credit is bad and if you don't know anyone who is willing to cosign with you for a student loan, you might be unsure of if you will ever be able to pay for college. Fortunately, there are ways to get student loans without a cosigner. First of all, you should consider talking to a financial aid adviser about taking out a federal student loan. Federal student loans allow students to borrow money for school without a cosigner, and they do not even look at your credit score, which means you will still qualify if you have bad credit or if you don't have credit at all. Along with applying for student loans, you can also apply for federal grants. Just like loans, these grants will provide you with the money that you need to pay for college, but you won't have to worry about paying them back in the future. Secondly, you could consider working on your credit score so that you won't need a cosigner in order to get a student loan. Although you might think it will be impossible to boost your credit score, it might be easier than you think. By getting a cell phone or cable bill in your name and paying it on time or getting a credit card and using and paying for it responsibly, you can boost your credit score, and this can help you qualify for student loans without the need for a cosigner. Lastly, you can consider looking for student loans that will allow students with bad credit to apply, even without a cosigner. Although this might be more difficult, a little patience might help you find a lender who is actually willing to give you a chance.
If I own a home with a co signer and file a chapter 7 will their credit be affected?
If the mortgage payments are still being made then no - they won't be, however - if you default on the mortgage payments then yes - they will go after the cosigner and if it is not paid their credit will be effected.
You cosigned for your daughter so she could get an apartment you want to get off of it What do you do?
You have your daughter fill out a new application with the landlord. If they will not accept her without a cosigner, and you still want to be off the contract, you wait until the contract expires and refuse to cosign again.
Can you still file a Ch 13 bankruptcy when you are still current on your mortgage and car loans but way behind on credit cards?
Sure... a good time to do it.
If you can't get a loan and ask someone to cosign can the dealer still say no even if the cosigner has really good credit?
A lender can say no for any reason at all. Usually, though, if you can establish employment and have a good co-signer, a lender will agree.
If you cosign on a loan and the car is moved out the state it was purchased and repossessed in another state and returned to borrower is the cosigner still responsible?
To give you a short answer, YES. The location of a secure asset has nothing to do with the obligation to repay the debt. There are some loans that are written with restrictions which would make the whole loan due (without default) if the car is removed from a certain locale (from some shady car dealers who self finance).
