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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 World Bank loans developing countries money in order to do what?

The World Bank loans developing countries money in order to improve conditions in the country. It can be used for various purposes, including education, job development, and infrastructure.

Are parties entitle to paper work prior to closing mortgage?

we took a reverse mortgage received no paper work the title company sent a man to our house to close he came hours late and we had no time to read anything i was told if i didn't take this loan we would go into foreclosure so what could i do i later found out by law they were to sent papers truth in leanding prior to closing is this correct

Are FmHA and USDA loans the same?

The FMHA loan program, often referred to as Rural Housing or USDA Loan program, is a very unique type of program through the Farmers Home Administration (a federal agency under the Department of Agriculture) which is designed to help average to below average income borrowers purchase homes in rural areas - oftentimes without the need for a down payment. The Farmers Home Administration (FMHA) Loans are government guaranteed loans for low to mid income level borrowers seeking to buy affordable housing in rural communities. These loans are not available in major metropolitan areas. These loans are made to applicants who do not now own a home and the loans are used to buy existing houses, buy new-built houses, or qualified new manufactured houses located in rural areas.

How much can you borrow on a reverse mortgage?

The amount is based on your home's value, the interest rate, your age, and the location of the home. Basically, the older you are, the higher the loan size to home value may be. there are a number of reverse mortgage calculators on the web as well as on my site that can be used to get an approximation, however a real general rule of thumb is to use your age, subtract 10 and put a % sign behind that number. This will give you the loan to value you qualify for. That formula is not very accurate but will give a general answer.

How do I register a cash loan business?

You must obtain a business license from the municipality where you wish to establish your business. Since a loan business also qualifies in many states as a loan/banking/finance business you will probably need a state license to operate. Contact your state's Secretary Of State office, which is the state agency for registering most businesses.

What are some car loan lenders that deal with bad credit?

If you are located in Toronto, Canada, here are few google results for bad credit car loan providers.

1. Auto Credit Financial - http://www.autocreditfinancial.ca

2. Ontario Credit Solutions - http://www.ontariocreditsolutions.com

3. Whitby Motors - http://www.whitbymotors.com

Good luck

The Savings and Loan crisis was caused by?

deregulation of the industry and the subsequent expansion of savings and loans institutions into commercial real estate and junk bonds.

When you have a reverse mortgage who is the homeowner?

The borrower on the home remains the homeowner, the reverse mortgage lender will have a lien against the property, just like other mortgages.

Your home ownership rights remain the same as before with one exception, that you cannot rent out the home and must keep it as your primary residence. if you move you need to sell the home or refinance it to a forward conventional mortgage or you could be in default of the mortgage agreement.

Can a pay day loan company take you to court for nonpayment and bad cheque in Toronto?

The post below is a scam, do not go to them.

To answer your question, of course they can sue you. Did you fail to pay as agreed? They can also put a hold on your bank account, ruin your credit, and put a lien on anything you might own.

--Good day Sir/Madam,

Welcome to THRIFTY LOANS AND FINANCIAL CONSULTANTS.

Address:1st Floor woods tower,Kuala Lumpur, Malaysia.We are financial builders and gives out no credit check loans to everyone ranging from personal, commercial, business,

venture, start up,consolidation, refinance and all form of loans with our amounts ranging from $5,000 - $50,000,000 with a fixed and very low interest rate of 5% on an annual basis.Interested persons should contact us via email with the following details.

FIRST INFORMATION NEEDED ARE:

Full Name:...........:Location:............:Marital status:............:Contact Phonenumbers:...........:Amount Needed:...........:Duration:............:Purpose of loan:……….:

Contact Email:thrifty.investment@live.com

Thanks for taking your time to view our advert.

Lincoln Wulf

Asst. Sr. Director

Is credit card debt considered recourse or non-recourse debt?

It is considered a Recourse loan as the account holder are still responsible for any outstanding balance when the account is closed which has not been challenged for unauthorized use and such. However, the account holder is only liable for the balance as long as the Statute of Limitations (Which varies by region (In the US, from 3-15 years by state from last non-institutional transaction)) remains in effect.

What is Obama mortgage interest rates ca?

Check here for more details:
A lot of homeowners are not aware of the substantial advantages of refinancing their FHA mortgage with the new FHA Streamline Loan. It's a cost-effective way to obtain a FHA Refinance along with lower interest rates and payments. The basic FHA Streamline Loan has been set up to refinance an existing FHA mortgage. This loan does not require an appraisal, and fees are generally minimal, but the new loan cannot exceed the balance of your existing loan. Any fees must be paid up-front, unless you arrange for a special "no-cost" FHA Streamline Loan allowing the fees to be incorporated into the refinance loan.


http://www.talkrefinance.com/fha-streamline-loans-save-big-bucks

What do you do when you received a reverse mortgage the lender states it is a refinance?

Until just recently ALL reverse mortgages were refinances. Recently we have been given the ability to use them for purchases.

Check your paper work carefully. If you still need assistance, contact a HUD approved HECM counselor.

Can you reinstate an auto loan after repossession in the state of California?

You can (so they say) but they make it extremely hard! The finance co. has to work with your insurance company to verify that your insurance and tags are up to date and they take their sweet time about it, so that by the time they state it's OK to get your car back you have racked up more fee's, which by the way is extremely hard to deal with since you're obviously in a financial bind since you lost the car at this point. They then want 12 references to put a last bug in case you are late again. Needless to say. I chalked it up to, "I guess God is telling me to I can't afford this $450.00 payment" at this point in my life and to get a used car to get me from point A to B.

What happen if you can not pay your car loan?

When you don't make regular payments, your car will repossessed. Now if you had an upside down loan, you will still owe the lender.

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