Loans

Generally interest rate for debt consolidation remains low.

But it also depends on different companies and their policies. They also lower your credit card interest payment up to 60%.

By consolidating your debt you are paying one monthly payment, which is lower than all the payments you are paying to creditors. The debt consolidation agency uses this payment to pay off the actual debt and the interest on the debt.

in the year 1791

Yes, but the holder of the second has to agree to it. Its called subordination. Normally when a first mortgage is paid off the second moves into the first position unless the holder agrees to "subordinate" the second.

Yes, you can leave the second alone but the second mortgage company will have to allow it by signing a subordination agreement.

Basically, a subordination agreement is an instrument that allows a first lien or interest to be paid off and allows another first mortgage company to come in and be the first priority lien holder.

I do not know of a lender that will allow you to refinance a home that is actively listed for sale.

There are several lenders that will allow a rate and term ( "No Cash Out" ) refinance the day after a home is removed from the MLS.

There are a couple of lenders I work with that will allow a Cash-Out refinance the day after the home is removed from the MLS.

Other important considerations that need addressed are

* Is the home a primary residence / second home? * Is the property an investment property? * What is your intention for the property in the future?

I frequently refinance homes that have just been taken off the active market.

Please feel free to contact me if you have specific questions and I will be happy to assist you. Just Click on "TheMortgageExpert" link above.

Jeff

they were small and hot!there wasn't an air conditioner

2 1/3 times 3 1/2 equals 7/3 times 7/2 which equals 49/6 which equals 8 1/6 The answer is eight and one sixth.
44

Definately

It varies completely by lender. For most lenders, the oldest car they will finance will depend on how long you want to finance it for and of course, the overall profile of your credit. Most of the major lenders however will not finance a vehicle to a private individual over 5 years old or over 75,000 miles on it. That is just a general rule of thumb however. There are no "mandatory requirements" for any lender, they all set their own. If you have good credit and just want to finance an older or high mileage car, your best bet is to use a local credit union. If you aren't a memeber of a credit union, look some up in your area and join one. They have great deals that a lot of big banks do not. If all else fails, just let your fingers do the walking and call up every auto loan provider you can find and ask them what their individual requirements are.

The best place to start would be to visit Ship Almost Anything

check the registry of deeds for the county in which the property is located. You'll need to know the owners name (Grantee) to search - or if you know the prior owners name(Grantor), you can find it that way as well. If you are lucky, the county has the records available on line. Good luck

You can certainly pull out of 401K savings if you thing your debt out weights your savings goal. I will say you jeorperdize your future to get over the present situation. I suggest to make proper debt reduction plan and saving on your 401K in parallel. You can plan it out and can have a better future. Use Quicken to maintain your account. You'll know everything about what you are spending on

In most places the money goes to the BANK! Their name is on the title of the vehicle until you make all your payments and they sign a "release of lein".

First call your lender and see who you would need to contact. Sometimes the companies that service your payments are not the ones who can help in this matter. They may be able to amend your payments temporarily until you are back on your feet. You would send the letter by certified mail to make sure it is received. Alternatively, you might try to sell the house if you can get the amount of your loan for it, only if you are not currently behind. This would protect your credit history.

Please note that your credit score is only one aspect of the credit approval process. There is debt to income ratio, the capacity to repay the loan, collateral is part of the process, other factors. Also depending on what you want to use the loan for is also a factor. If you want a no-questions asked loan, with a great credit score you are entiled to a low interest rate credit card that would give you that 5500 no collateral loan. Phil Turner

The mortgage must be paid off and the co-owner must refinance in their own name. The one who wants to take their name off the mortgage must convey their interest to the co-owner by deed.

Yes

A stand alone second mortgage is a second loan taken out against your home when you already have 1 loan on it. The only difference is that the second loan was closed at a later time.

253000 is 100 percent. 253000/100 = 2530 is 1 percent. This value times 95 gives you the 95 percent. Solution: 240350

A loan is a thing that is borrowed, especially a sum of money that is expected to be paid back with interest. Banks can give these out.

Any additional payment on your mortgage is applied to the principal. This will effectively reduce the term because the loan will be satisfied earlier if regular payments continue to be made.

Yes

You have to pay off the debt. The car itself will take car of part of that when the lienholder sells it at auction. You'll have to make up the difference between what it sold for and what you still owed (and you'll have to pay for the repossession expenses also). If by some miracle the car sold for more than the debt and the repossession expenses, then you should get a check back for the balance.

However, how they'll handle this is almost certainly not by having you "finish payments". Call the lienholder and find out what they want you to do.

When you fill out the 1003 form for the lender, you include information regarding your bank accounts, which they will verify with the account number you give them.