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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
Is probate needed when you inherit a home with a mortgage?
The mortgage has nothing to do with the issue. Probate is required any time the decedent owned real property. Legal title can only pass through probate.
The mortgage has nothing to do with the issue. Probate is required any time the decedent owned real property. Legal title can only pass through probate.
The mortgage has nothing to do with the issue. Probate is required any time the decedent owned real property. Legal title can only pass through probate.
The mortgage has nothing to do with the issue. Probate is required any time the decedent owned real property. Legal title can only pass through probate.
What are the best options for home improvement loans?
well you could make something that sucks all the grass fast but i also recommend you make it yourself on your back yard or outside e.t.c ... maybe you could be the first to make a change in america!
5th grade ifaa
account holder
Can a finance company charge off an auto loan collect past due balance and still repo it?
If they have collected the entire amount owing (all principal and interest on the original loan) they have no legal right to repo the auto. If they have only collected the past due amount and there's still a sum due, then they can repo the auto. It doesn't matter one bit if they've charged it off. That's just for their tax purposes.
REPOMAN IN TEXAS: YES, THEY CAN WRITE IT OFF (CHARGE-OFF) AFTER A CERTAIN TIME WHEN THE PREVIOUS REPO COMPANY CAN'T FIND IT. LATER THEY HIRE A BETTER RECOVERY COMPANY TO FIND IT AND RECOVER IT.
Can you register and insure a car if you are not on the loan?
If you're an owner, it doesn't matter if you're not on the loan.
Do payday pig charge you for finding a loan?
PaydayPig.co.uk is a loan broking site operated by Stop Go Networks Ltd. They do not charge a fee. One their lending panel are all the top UK payday lenders.
What reasons can you give to defer a car loan?
You can defer a car payment for many reasons such as:
- Recent job lay off
- Payroll change date
- income change
Most lenders will allow 2-3 car payment deferments per year after you have made a minimum of 12 payments. Car payment help is available.
Hope this helps
How much is mortgage average payment per month?
Your average mortgage rate and payment depend on many factors including where you are looking to purchase your house, personal income, and your credit score. Many mortgage companies offer online mortgage calculators that can be useful in determining what your monthly home loan payment will be.
Can you pay back the amount of the loan that you borrowed at any time?
Sort of:
Loans that do not have a specific early payment or early payback option very often charge the full amount for interest and fees for the entire term of the loan.
What were the mortgage loan rates of the 1950's?
They started at 2.25% in 1950 and worked their way up to 5.00% . In the 1980's the rates went as high as 20% . As you can see the mortgage rate being around 3.75% right now is really a great rate.
When does a mortgage go from interest to principle?
That depends on the length, amount, and interest rate of the loan. You would need to use an amortization calculator to figure out the exact point when you are paying more on the principle than the interest. You will be paying at least a little bit of interest up until the very last payment.
Would a promissory note be null and void if nothing was ever lent or borrowed?
A promissory note is an unconditional promise to pay a fixed amount at a fixed time accruing a fixed interest thereafter.
Promissory notes differ from IOUs in that they contain a specific promise to pay, rather than simply acknowledging that a debt exists. In common speech, other terms, such as "loan," "loan agreement," and "loan contract" may be used interchangeably with "promissory note" but these terms do not have the same legal meaning.
So the answer depends on whther this is a true promissory note or an instrument that was created to memorialize a transaction that wasn't completed.
ClarificationThe answer is that if there is a fully executed promissory note then it can be enforced in court. A fully executed promissory note is absolute evidence that the borrower owes the lender. A defense that the borrower never received the money would be difficult to prove. If the funds were not transferred to the borrower there should not be a fully executed promissory note.
First, the promissory note should only be signed by the borrower at the same time the funds are handed over. Second, if one was executed and the funds were not paid over to the borrower then the promissory note should not be signed by the borrower and if signed, it should be destroyed since the loan was not completed.
Is a home equity loan better then refinancing?
A home equity loan like a second mortgage usually has a higher interest rate than a primary mortgage because it stands second in line in case of a foreclosure and doesn't get paid unless there's money left over after the primary mortgage is paid off. The origination fees are usually much lower than for a primary mortgage. I suppose the answer is that you should run the numbers for both ideas and find out which one is less expensive for your particular situation. For a proper comparison run the numbers financing all the loan origination fees (adding them to the loan principal) and for the same end date.
How do you get your loan number for repayment of your home loan?
You ask the people who are servicing the loan. Presumably you're asking because they couldn't supply that information. There are loans that have changed hands in poorly documented groupings and are being "serviced" by the wrong company for the wrong mortgage holder rather than the one that actually hold the mortgage all of which eventually becomes a nightmare for the homeowner when the mortgage holder says they never received one or more payments. Make them straighten out the mess before you try to pay off the note.
Do all mortgages have to be paid monthly?
No, they can be 2x times a month, 1 in 2 months and adjustable.
Is the mortgage on a house pay off upon death?
No. Not unless there was some type of insurance in place to that effect, either mortgage insurance of a life insurance policy.
No. Not unless there was some type of insurance in place to that effect, either mortgage insurance of a life insurance policy.
No. Not unless there was some type of insurance in place to that effect, either mortgage insurance of a life insurance policy.
No. Not unless there was some type of insurance in place to that effect, either mortgage insurance of a life insurance policy.
Which payday loans accept starter checks?
Lenders actually require a checking account and routing number. Storefront lenders will accept starter checks as well.
David Schmidt, PLDR
What are the differences between a reverse mortgage and a home equity loan?
A reverse mortgage and home equity loan are often done for very different reasons. A reverse mortgage is only possible for seniors as there are age restrictions on this type of loan. Therefore, the reason behind a reverse mortgage is to generate some extra income in the retirement years. With a home equity loan, you can take one out at any time for almost any reason.
A home equity mortgage is a line of credit based on the amount of equity a borrower has in their property. The borrower must make monthly payments on the balance due. Any property owner can apply for an equity line of credit.
A reverse mortgage is quite different and is restricted to property owner's who are at least 62 years old. This is a loan against the value of one's home. The lender makes monthly tax free payments to the borrower. If the borrower decides to sell the property the loan must be paid off. Otherwise, the lender takes possession of the property after the owner dies. The initial fees and costs associated with a reverse mortgage can be very high and borrowers should make certain they are fully informed before signing.
Will a mortgage company typically allow one borrower if the property is titled in two names?
All the owners will need to sign the mortgage so the lender can take possession of the property by foreclosure in the case of a default. Only one can sign the note agreeing to be responsible for paying the loan if the lender agrees.
All the owners will need to sign the mortgage so the lender can take possession of the property by foreclosure in the case of a default. Only one can sign the note agreeing to be responsible for paying the loan if the lender agrees.
All the owners will need to sign the mortgage so the lender can take possession of the property by foreclosure in the case of a default. Only one can sign the note agreeing to be responsible for paying the loan if the lender agrees.
All the owners will need to sign the mortgage so the lender can take possession of the property by foreclosure in the case of a default. Only one can sign the note agreeing to be responsible for paying the loan if the lender agrees.
To find out the status of your SSS loan check, you should first check your online SSS account or the SSS mobile app for updates. If you don't see any information there, consider contacting SSS customer service or visiting the nearest SSS branch for assistance. Ensure you have your loan details ready for quicker support.
