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Should your dad's live-in fiancee become his guardian now that he's incapacitated or is it a conflict of interest since he holds the mortgage?
It depends on the type of incapacitated. If he is capable of paying a mortgage, he is probably not in need of a guardian.
If he is mentally incapacitated to the point that he needs a guardian, he is probably not going to be able to consent to a marriage, and therefore cannot have a fiancee.
But no, the fact that he owes a mortgage to the bank does not present a conflict issue for his fiancee to be a guardian.
What else can I help you with?
Fixed Rate Mortgage vs. Interest Only Mortgage?
Fixed Rate Mortgage vs. Interest Only Mortgage A fixed rate mortgage has the same payment for the entire term of the loan. Use this calculator to compare a fixed rate mortgage to Interest Only Mortgage.
Where can one find a mortgage calculator for interest only?
An online website called Bankrate provides a mortgage calculator for interest only. 'Good Mortgage' and 'Mortgage Calculator' also are good places to find a mortgage calculator for interest only.
Can you claim mortgage interest with quit claim deed if you are not on the mortgage?
You must be making the payments to claim the interest. However, if you are not on the mortgage there could be an issue.
If you are on a mortgage you have to claim half of the interest by Texas law?
If you are on a mortgage you have to claim half of the interest by Texas law?
Does a pre-approval lock in the interest rate for a mortgage?
No, a pre-approval does not lock in the interest rate for a mortgage.
Does a preapproval letter lock in the interest rate for a mortgage?
A preapproval letter does not lock in the interest rate for a mortgage.
Where can I find out about the different mortgage interest rates?
If you want to find out about fixed and variable mortgage interest rates i think you should to go http://www.nca.ie/nca/mortage-interest-rates https://www.moneyadviceservice.org.uk/en/articles/mortgage-interest-rate-options or http://www.uswitch.com/mortgages/mortgage-interest-rates/
Can you write off mortgage interest if you rent?
I'm not trying to be difficult, but I don't understand how you HAVE mortgage interest if you rent. You carry a mortgage on your rented home?
What is the relationship between interest rates and the mortgage curve?
Interest rates have a direct impact on the mortgage curve, as changes in interest rates can cause the curve to shift up or down. When interest rates rise, the mortgage curve tends to shift upward, leading to higher mortgage rates for borrowers. Conversely, when interest rates fall, the mortgage curve shifts downward, resulting in lower mortgage rates for borrowers.
Can you write up a deed of trust pursuant to an owner's partial interest in a property if there are no other loans on the property?
Yes, but if the mortgagor defaults on the mortgage you can only acquire their partial interest by foreclosing on the mortgage.Yes, but if the mortgagor defaults on the mortgage you can only acquire their partial interest by foreclosing on the mortgage.Yes, but if the mortgagor defaults on the mortgage you can only acquire their partial interest by foreclosing on the mortgage.Yes, but if the mortgagor defaults on the mortgage you can only acquire their partial interest by foreclosing on the mortgage.
You are on the title not the mortgage what are your rights?
If you own an interest in the property and didn't sign the mortgage then your interest isn't covered by the mortgage. Assuming only the co-owner signed a mortgage, in the case of a default the bank could only foreclose on their interest, not yours.
What is the typical interest rate on a new mortgage?
The typical interest rate on a new mortgage can range greatly and depends very much on whether it is a fixed or a tracker mortgage. A tracker mortgage follows the national interest rate while the typical fixed interest rate is roughly 3.14%.
