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What else can I help you with?
What are DND terms of sale?
do not disclose
What does DND credit terms mean?
Do not disclose.
Does Nevada require that payday loans be disclosed?
Yes, Nevada requires that payday loans be disclosed. Lenders must provide clear information about the terms and conditions of the loan, including the total cost, interest rates, and repayment terms. This disclosure is intended to ensure that borrowers understand the financial implications of taking out a payday loan. Failure to comply with these disclosure requirements can result in penalties for lenders.
Can a private mortgage lender get pmi?
Of course. Lenders can set the terms of lending their money out.
Which of the laws related to mortgage lending discussed in this section do you believe is most important?
The most important law related to mortgage lending is the Truth in Lending Act (TILA). This law requires lenders to disclose key terms and costs associated with mortgage loans to borrowers, ensuring transparency in the lending process. By providing borrowers with clear and accurate information, TILA helps protect consumers from predatory lending practices and empowers them to make informed decisions about their mortgage loans.
Can you cosign on more than one application at a time?
The literal answer to your question is yes. Anyone can apply (which is what co-signing on an application is) for any credit at anytime by law. The question of whether or not the lenders will be happy about that is another matter. If you are applying for two credit items at one time, the lenders will need to know the terms of those other items so that they may take the obligations into account. Some borrowers may choose not to disclose this information, which can be interpreted as fraudulent action.
What are some mortgage lenders that are available countrywide?
The mortage lenders that are available countrywide are Bank of America and Wells Fargo. These two banks are the best banks in terms of mortgage financing.
Where would a person find more information regarding subprime mortgage lenders?
A general tutorial on subprime mortgages can be found at Investopedia. For information about subprime mortgage lenders: MyFHA, Consumer Affairs and MTGProfessor all have information on current lenders, rates and terms.
Which act helped eliminate investor confusion with compounding interest and the related yields?
The Truth in Lending Act (TILA), enacted in 1968, helped eliminate investor confusion regarding compounding interest and related yields. It requires lenders to disclose clear and standardized information about loan terms, including interest rates and associated costs. By mandating transparent communication, TILA enables consumers to make informed comparisons among different financial products, thus reducing confusion related to compounding interest.
What are the options available for mobile home refinancing?
The options available for mobile home refinancing include traditional mortgage lenders, specialized mobile home lenders, credit unions, and online lenders. Each option has its own requirements and terms for refinancing a mobile home.
Could you get a mortgage loan with a 512 fico score?
There are a small handful of lenders who will lend down to 500 FICO scores on FHA loans, but you will have to have very good compensating factors and the terms may not be advantageous for a borrower. More lenders will be available and the terms will be better at the tiers of 580, 620 and 640.
How do you compare c d rates.length/rate?
Every bank is required to fully disclose the terms of there CD's so you can companre and decide.
