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Loans
Money lent to individuals or businesses in return for interest in addition to repayment of principal. Common types of loans include commercial loans, interbank loans, mortgage loans, and consumer loans.
13,117 Questions
The relationship between the first mortgage plus the equity line of credit at it's maximum and the value of the property as a percentage
When you pay off a mortgage do you get the money that is escrow?
Yes. The lender should send you a refund for any funds remaining in your escrow account unless it uses that money to pay a pending real estate tax bill. It's your money.
Where to get an easy payday loan?
Actually, payday loans can be obtained today even online as there are particular payday loan stores which provide online payday loans through their website. All you need is to find the particular site of such payday loan company and submit the application there. As far as I know, they require no fax or credit check, thus, even bad credit won't become a hindrance on your way to desired funds.
Can a bank demand payment in full on an auto loan if the vehicle was repossessed for no insurance?
Yes. A bank repossesses a vehicle for nonpayment. If your vehicle was taken for being on a public roadway and not having insurance, it was impounded. When a vehicle is impounded, a lien is placed on it by the agency which ordered the impound. The interests of government agencies override those of the bank, and they can sell your vehicle to recoup impound costs if you do not reclaim it within a specified period of time. In this case, the bank receives nothing from the sale, and you still owe the bank the remaining balance.
Has eastern savings bank been accused of mortgage fraud?
There are several complaints about Eastern Savings ripping people off. See these webpages:
http://www.complaintsboard.com/complaints/mortgage-loan-c230942.html#c523169
http://www.ripoffreport.com/banks/eastern-savings-bank/eastern-savings-bank-predatory-52n8d.htm
What is the phone number to make a Bank of America mortgage payment?
The number needed to make mortgage payments are different in each state. Mortgage payments can also be made online or by mail.
You want to get out of reverse mortgage and into conventional mortgage?
You can always get out of a reverse mortgage by refinancing it to a conventional mortgage, but before you do make sure its what you really want. A reverse mortgage is far better than most people realize. Not only do they not require payments and allow you to stay in the home as long as you live there, but they also have no personal recourse against you or your assets. A conventional loan does.
As a result, if home values continue to drop and you get a negative equity situation, with a reverse mortgage you can walk away and the lender takes the full loss. With a conventional mortgage the lender can pursue you personally for any losses taken by filing for a default judgment against you. paying money to refinance out of a no payment no personal obligation loan to a forced payment loan with a personal guarantee may be a bad move depending on your situation.
Finally if you want to you can always make a payment with a reverse mortgage. There is no prepayment penalty so pay whatever you want whenever you want. its just nice to know you don't have to pay if you can't. The only downside is you can't rent the home out.
If you get a scolarship do you have to repay the money later?
No, a scholarship is a basicallly a free grant of money to get you to go to that certain school.
If you cosigned for a car loan how can you get out of the loan?
The loan must be paid off or the lender must agree in writing to remove your name from the obligation.
If i you have bad credit can my kid still get a student loan?
Yes, your kid can apply for financial aid themselves, even if they have no credit or bad credit. Federal financial aid does not look at credit rating or employment status.
Where do you put loan interest and bank overdraft in final accounts junior cert?
interest on bank overdraft.
Is FinHouse Loans a real loan company?
no, finhouse is not for real. they offer you a loan and then they request that you pay an amount in order for them to make the transfer. after wards you'll never hear from them again.
Are refinanced loans new loans?
iF your old loans are consolidated, then yes, they are considered new loans.
What is the statute of limitations on a Veterans Administerd Home loan?
never after 30 years we did not know there was a problem.
How do you get payoff amount on my loan?
To obtain the payoff amount on your loan, contact your lender directly through their customer service line or online account portal. They will provide you with the exact amount needed to pay off the loan, which may include principal, interest, and any fees. Be sure to request the payoff amount for a specific date, as it may change daily. Additionally, some lenders may offer a written statement or document detailing the payoff amount.
Is there any recourse a cosigner has against the borrower of a defaulted loan?
No, there is no legal recourse that i know of, but I do know of a way to help yourself if the loans are Federally Guaranteed student loans. Have the borrower consolidate the loans without you being a cosigner. Then, the previous loans will be paid off, and a new loan will be made. If you need help getting the defaulted loans consolidated, contact Default Management Services. Google the company name for a phone #. Ask for Doug, he is very knowledgeable.
Is Loans to staff an asset or liability in a business?
most likely a liability- anything you're risking losing is a liability. an assett is something you gain from.
Is bank loan considered as an item in income statement?
It is imperative to define a loan in the first place. Critical to the definition are the following key elements;
- income;
- external sources/ borrower;
- borrowed from outside;
- not earned from normal business operations;
- has legal conotations;
- time bound;
- interest payable, unless if it is non-interest loan;
- liablity for future repayments;
- etc
From the above key concepts, in the main, the liability, you need to know that liabilities are not reported in the income statement, but shown in the Balance Sheet, which is simply Assets= Equity+Liabilities. You can only recognise a bank loan in your BS but you repay it in your IS. This reply is thought-provoking, you need to further consult the basics of accounting.
Can a corporation assume a residential mortgage?
Type your answer here... No, if the business is a corporation.
