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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

Can you be arrested for default on a personal loan?

No it isn't criminal.

But any allied intent to defraud - say you lied on the application or such...is.

Your husband has a good credit score and you don't what will happen when you try to obtain a mortgage?

Talk to your local bank, credit union, or mortgage broker and have them start the process for a mortgage loan application. Here are some tips for prepartion: Always have at least 3% of the desired loan amount saved in your bank account for at least 60 days. You will need at least this amount to pay for the closing cost fees, and the lender always verify your assets to see if you can actually afford a home. This is called 2 months reserves. If your husband has good credit, I'm guessing his credit score is in between 680-699 (this is a good range to the lenders). If that is the case then he could qualify for a FHA loan at 97% financing. He will have to have an extra 3% as a down payment. If he goes with a conventional loan he might need anywhere from 10 - 20 % as a down payment. Good luck!

Auto financing in case of death?

I hope I am interepreting your questions correctly. If you have a deceased individual with an auto loan then contact that lender and explain the situation. Usually this loan will no longer exist, and the vehicle will be picked up. If there is a co-signer on that loan, then that person will be responsible for that debt, and should take full ownership of that vehicle.

Can you get a loan with no bank account bad credit?

Yes, you can get Bad Credit Loan. A bad credit history is like having contracted an infectious disease. At least this is what most lenders perceive. Any requests for personal loans by people with a bad credit history are generally declined.

Can a personal loan be added to a car loan.?

As far as I know Personal Loans are completely different from Car or Auto Loans and they can not be added to Car Loans.

What will happen if I stop paying my second mortgage and my home is currently worth less than my first mortgage assuming my first mortgage is kept current?

The second will foreclose on your Property.To avoid the situation you must consult a mortgage firm who would assist you in your debt settlements. Why would you stop making your payment? The value of your home should go back up when the economy recovers. The value of your home has nothing to do with your monthly cash flow. Why would you ruin your credit for 10 years, when the value of your home will recover in 2-3 years. It just doesn't make sense. Pay your bills as agreed

How many days must a vehicle loan be late before it is repossessed?

They usually repossess when you miss two or three payments. They seldom repossess if you've just missed one.

Is bad credit loans worth it?

If you need the money, hey, you need the money.

There are plenty of places that offer loans for people with bad credit with no-hassle applications and easy requirements.

What is title seasoning for mortgages?

Title seasoning is when the lender requires the seller to be on title for a certain amount of time prior to closing. Title seasoning is only an issue when the buyer is in need of financing. So if you are a buyer who needs financing and you are buying from a seller who's been on title for a week, you need to have your mortgage broker find a lender who does not have title seasoning requirements.

If you are a seller, you either need to wait 90 days before you sell a property since that's what a lot of lenders require, find a cash buyer who doesn't need financing, or find a lender that does not have seasoning requirements.

What is the statute of limitations on second mortgage in CA?

A second mortgage is not included in a Statue of Limitation law. Explain more about your first mortgage, and I will be able to tell you what will happen to your second mortgage.

Is a joint mortgage needed for joint ownership?

Not necisarily. If you are married and the house was bought after the marriage then no. If you are married and the house was bought before the marriage and the person that did not originaly buy the house made one payment on it or you had a joint account that the payments came out of, then they are half owner. If you are just living together with no marriage, then the house it the person's that bought it, but you have to be carful of common law marriage.

When does interest start accruing on a Convertible Promissory Note?

Check the note, but it almost surely would start on the date the note is issued.

Is there a maximum amount that check cashing stores can cash?

Each individual check cashing store will have their own set limits on the highest amount you can cash. These vary depending on how much cash the business keeps available.

What is a business loan?

A computer is programmed to generate a sequence of three digits, where each digit is either 0 or 1, and each of these is equally likely to occur. Construct a sample space that shows all possible three-digit sequences of 0s and 1s and then find the probability that a sequence will contain exactly one 0.

How do you calculate mortgage interest?

to calculate mortgage interestyou can get largest infos in this subject and found more help for anyone need it

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Your age is 55 Are you eligible for Reverse Mortgage?

No. One has to be over 62 years old to get qualified for Reverse Mortgage.

When inheriting property when does the mortgage not go with it?

==One Answer== Inherited real property that is encumbered by a mortgage would be taken free of the mortgage IF the will also specified that the mortgage would be paid by the estate.

How does a bridge loan work?

how does a construction loan work to bridge it to a VA. loan?

Auto loan with itin numbers?

Is my husband allowed to use his i tin number for a loan

Can a bank garnish a person's disability check for a loan?

All SS benefits are exempt from attachment (garnishment) by judgment creditors under federal law. Private disability benefits might be at risk depending upon the laws of the state in which the beneficiary resides.

Is it better to open a new credit card or get a small personal loan?

a small personal loan, as you have set manageable repayments, cant respsnd once paid off (avoids negative equity) and boosts credit rating when paid off a small personal loan, as you have set manageable repayments, cant respsnd once paid off (avoids negative equity) and boosts credit rating when paid off

How do you write application letter to finance for student loan?

to,

the voice chancellor,

liaquat university of med and health sciences jamshoro hyderabad.

subject:request for self finance seat mbbs 2011-2012.

respected sir,

it is submitted,i beg to say that,i have given entry test but i could not successed so,i am applying here for self finance.if there is vacant seat.

therefore,please kindly provide me seat.

i'll be thankfull to you for your this act of kindness.

dated:14/11/2011 seat#14168

mahrukh yaqoob

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