Loans

Depending on many factors. Cookie cutter FHA loans can take a few days for a full approval. Manual Underwrite FHA may take 1-2weeks depending on how much documentation is required. Average turn time with most FHA lenders is 2weeks just to look at the file (04/11/2008)

Credit Privacy Numbers are free to everyone. www.cpnebook.com has information on how to obtain a CPN for free, but always be sure you do your due diligence in terms of the researching legal uses of a CPN.

who is registered agent for federal national mortgage association

You could take out a mortgage on a second home to payoff the mortgage on your primary residence if you have sufficient equity. I guess the question would be, why would you want to do that? Generally, you are going to get better terms on a mortgage for an owner occupied residence vs. a 2nd home all else being equal.

From US Statistical Abstract, table 961

http://www.census.gov/compendia/statab/cats/construction_housing/homeownership_and_housing_costs.html

74,931,000 housing units in the US in 2005

48,394,000 had a mortgage

{| |- | Number of regular and home equity mortgages: (in thousands)

1 mortgage 33,409 2 mortgages 10,877 3 mortgages or more 1,164 Number not reported 4,639

For more information, see the table listed.

|}

yes

If you have proof positive that you paid half the mortgage (receipts, cancelled checks) you will have good grounds to fight the eviction.

If you want some cheap and profitable mortgage I suggest you to look at dreamlifemortgages.com

Build up your personal credit rating to an acceptable risk level. With a bankruptcy having loomed in the recent past, you could be at very high risk for any loan, auto or otherwise. Just because the bankruptcy was dismissed does not yet prove ones ability to pay their bills on time ... one has to re-create their history in order to show that they are again trustworthy enough.

With this high credit score you can get a mortgage a lot earlier, if the purchase price of the property supports the appraisal or vice versa and your income supports the future payments.

Keyword here is "Co-applicant" ... Both of you are equally responsible and liable for the debt. If your name is not listed on the mortgage deed, then there would be little recourse in coming after you for the amount owed.

Mortgage Protection Life Insurance is a good idea if you want to protect your mortgage. It pays the outstanding balance of your mortgage if the mortgagor (insured person) dies. Mortgage protection life insurance coverage is usually in the form of decreasing term insurance, with the amount of coverage decreasing as the outstanding mortgage debt decreases. Usually, the proceeds of the mortgage protection life insurance are paid to the beneficiary, which is the mortgage company holding the mortgage loan. Some people choose instead to buy level term life insurance in the amount of the mortgage, and the benefits are paid to the insured's beneficiary (family member), who in turn can use the proceeds for any reason, including to pay the mortgage.

Yes

In the US, no.

Every lender has credit guidelines that contain minimum credit score requirements. Most lenders want their mortgages to be saleable on the open market and therefore conform to standards set by agencies such as FNMA. For most standard mortgage programs a 522 credit score is too low. There are programs available through HUD that are more forgiving, but still do not allow scores in the low 500s.

With this said, that does not mean there aren't lenders who have decided to offer products for credit scores of that nature. However, these may be extremely hard to find and will carry higher rates.

The purchase of a home became quite easy in the last decade as de-regulated lenders sought enormous short term profits. The reality is that it is the largest and most serious transaction most average consumers could ever make. Therefore the truth is that you should have your finances dialed in. You should have enough income, low debt, good credit, a down payment, and reserves. If you don't, then owning a home can quickly become a nightmare and renting may truly be the best financial decision.

loan receivable is not part of cash flow statement as still no cash is received.

There is not enough information in your question. The rate changed for PMI is based on the loan to value, so without knowing the value of your home we cannot compute your loan-to-value or your MI premium. MI rates also vary based on the type of loan you are doing and your credit score. Give us more information and we can give you a better answer.

it is those loans which is given for the large organisations . those are usually a large amounts.

It affects your interest rate.

More than likely, you will be able to qualify for an FHA with 3.5% down. They don't focus much on your score versus other items such as your income which seems pretty decent. Good luck.

Yes, land can be used as collateral. However, you will have to sign over your deeds, and provide information of how much the land is worth.

If the mortgage company receives the payment before the "late" date, it won't affect your credit if you don't do it all the time. If you do it too often, they may call you a "slow pay" instead of a "late pay" and that will affect your credit in a bad way.

Your payment is late if not paid on or before the due date. Most states do not allow a mortgage company to attach a penalty if it is paid within 10, 14 or 15 days, depending on the state, but it is still late, and can be reported as such. That will affect your score.

Ask for copies of the contract and make sure someone else didn't sign for them. Not your copy but what they have on file. Without real signatures the contract is void.

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Unfortunately, there is no such thing as loan forgiveness when it comes to payday loans. The only way to erase these debts is to declare bankruptcy.

When you cosign for a loan, it's as if you are applying for loan for yourself, because if the person you cosign for does not pay, then you're responsible for making payments

Very simply - a co-signer of a loan is responsible for absolutely everything as the "other" signer) who may be called primary signer). No difference.

EXCEPT that the cosigner frequently does NOT have possession or legal control of any property involved in the loan, so using it (say selling it) to pay for the loan can be much more difficult, if not impossible.

So whatever the responsibility, or recourse, (legal or financial) is for whatever action or lack of action required under the loan (and frequently under law too as many times you are considered the owner of any property connected with the loan), you are subject to also.