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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

No objection certificate from builder for bank?

NOC From The Builder For Bank Will Not Have to Necessary Further Process

Wife and you on car loan now divoced can you get off loan?

I am dealing with my own drama in a cosign arrangement. I have found that the only way to get your name off of the loan is to have her get a new loan through refinance.

What the purpose of CapeHatteras?

Nobody nows that except a smart person

What is the difference between a mortgage broker and mortgage lender?

A mortgage broker does not lend their own money on the day of closing. They serve as an intermediary between the borrower and the actual lender. They are being paid for their expertise in placing their client with the best lender, rate and fees for that particular loan scenario. Traditionally the broker does not underwrite and approve the loan application. Their job is to gather the necessary loan documents and submit them to the chosen lender for approval. The lending decision (and risk) is ultimately in the hands of the lender.

A mortgage banker (lender) lends their money on the day of closing. They originate, process, underwrite, approve, close and fund the loan. Usually the lending decision is made by their own underwriter and the loan is funded in their name. Many mortgage bankers then sell the servicing of the loan to a third party after the closing. None of the conditions of the loan can change, just the name of the mortgage servicer.

Define working capital demand loan?

Working capital is said to be the life blood of a business. Working capital, signifies funds required for day-to-day operations of the firm. In financial literature, there exists two concepts of working capital, namely gross concept and net concept. According to gross concept, working' capital refers to current assets viz, cash, marketable securities, inventories of raw material, work-in-process, finished goods and receivables. According to net concept, working capital refers to the difference between current assets and current liabilities. Ordinarily, working capital can be classified into fixed or permanent and variable or fluctuating parts. The minimum level of investment in current assets regularly employed in business is, called fixed or permanent working capital and the extra working capital needed to support the changing business activities is called variable, or fluctuating working capital. What is the nature and the scope of working capital decisions? What are the important dimensions of working capital management? What are the basic decision criteria, principles and approaches applicable in the field of working capital management? In this chapter, we shall take up each of these questions and thus take an overview of working capital management.

Clearing an unreleased mortgage on property if mortgageholder is deceased?

That is one of the primary reasons to open an estate is to resolve such issues and to clear titles. The estate has to pay off the debts. If the estate cannot do so, they distribute as best they can. If the court approves the distribution, the debts are ended.

Another Perspective

In a title theory state if the mortgage isn't paid the lender can take possession of the property by foreclosure.

What are absconderS?

Arkansas State Law states that if you abscond from probationer, even felony probation, you can only be extradited from Arkansas and states that surround Arkansas, I.E. Louisiana, Texas, Missouri, Tennessee and so on, However, Parole in itself is another story, Parolees released from any state correctional facility in any state are arrestable, as well as, extraditable from any state for any violation. No matter how minor said offence may be. Extradition cost apply for any means of extradition from Arkansas, Fuel etc...

How do you write 9.4 million?

There are many ways to write it 9,400,000 9.4 E6 9.4 x 10^6

Can a lender refuse a payment on a mortgage if you are 90 days past due?

Yes, the lender can refuse payment if it is not enough to cure the entire past due amount.

If your mortgage payment is 1816 per month and your house is rented out for 1300 per month can you claim a loss on taxes since you are not making enough rental income to cover the mortgage?

It is much more complex...you clearly need professional guidance. YOU ARE RUNIING A REAL ESTATE BUSINESS. All costs of the business are expenses and things like depreciation, and a basis and cpitialization of the property itself must be tracked. You have lost the tax break on sale of it, but have gained many other things. Get help if you did not fully understand the very basic parts of the above, or do not understand that you have a business....

Is bank loan an asset?

A bank loan is an asset for the bank as bank receives interest and principle payments from borrower.

Has anyone hear from Lincoln Lending Services before. How good is this company for loan modifications?

this company has been sued b the Florida Attorney Generals pffice for fraud. see link http://myfloridalegal.com/mfraud.nsf/pages/Lincoln

What is the mortgage of owning a house?

the amount of money you have borrowed from the bank which you must pay back over 25+ years.

Questionnaire regarding customer satisfaction for car loan services?

Many companies offer a questionnaire for customers to fill out so they know how to improve services. The customer satisfaction surveys for car loan services would ask questions about the service you received including how helpful, quick, and knowledgeable your representative was.

How do you buy your own mortgage note at a discount?

If you have a private note with a private individual then they may be willing to take a lump sum payment if they don't want to wait for the payments to come in over time. You would need to contact the note holder and discuss it with them and see if they are interested in selling at a discount. use the argument of a lump sum of money now that they can reinvest right away.

If your note is with a bank then there really is not anything you can do. You likely can't even get to the right person to present an offer but banks don't generally take discounted pay offs unless the loan has gone bad. If it does they would not be likely to take such a pay off from the original payor.

How do you remove your name if yo are co applicant on car loan?

If the loan hasn't been processed then stop the application. If the loan has already been processed you need to wait until it's paid off. You can't take your name off it unless the lender agrees in writing.

Trending Questions
What if hr block makes a mistake on your taxes? What should you do if you have never received the paperwork on your car loan and it has been 6 months and you still don't know where to send your payments? Is the area secured? What percentage of a mortgage payment is the principal? Would suing someone who owes you money without a written agreement prove anything like the principle of the matter? If your mortgage is 1492 a month but instead you pay 760 twice a month. How much sooner will you pay off your mortgage? Can anyone with bad credit get a sub prime loan? On working tax credit due to low pay your bank has offered you a loan is this legal? Do you have to pay back school grants if you get a job after you financial aid is awarded for no income? Can you use your credit card to pay your monthly car loan? How much mortgage can you get with 15000 pound deposit? Can you go to jail if you don't pay for your car loan? What Does Responsible Lending Mean? Can a payday loan company put a block on your drivers license? How does one apply for a mortgage? Why do people need a loan to start a business? What is the main purpose of the loans by the world bank? Can you get a decent mortgage rate if you make 40k annually with a FICO score of 705 and your spouse makes 50k with Fico score of 550 with paid collections accounts? Why might banks charge higher interest rates to someone who they thought might not pay their loans? If the mortgage is 458.58 a month and you send to the principal how much will that save and how many years will it take off the mortgage payments?