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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 a property in the name of one party be put in 2 names if there is no mortgage?

Yes just go to the registry of deeds and pay a small fee to have it recorded.

Is a collateral loan considered a repossession if you don't pay it back?

Failure to repay a loan which has been secured by means of collateral may result in the seizure of that collateral. This would constitute repossession only if that collateral was something that you had purchased with the borrowed money. It could be something entirely different, though. Any valuable possession can be used as collateral, if the bank agrees. If it is, let us say, a piece of jewelry that you had inherited from your grandmother, it would be something that the bank had never previously possessed or financed, hence, the seizure would not technically be a repossession. You can only repossess what you previously possessed.

Can you get a mortgage to buy two houses that are on one deed?

Depending on the bank lender used to secure a mortgage, it is possible to buy two houses that are on one deed. It can depend on whether each house is deeded separately.

What are the different types of bank loans?

Numerous types of bank loans are available for customers. Some of them are:

a. Home loan

b. Car loan

c. Two-wheeler loan

d. Automobile loan (For commercial vehicles like vans, trucks etc)

e. Personal loan

f. Mortgage loans

g. Gold loan

h. Loan against shares

i. Educational loan

j. Etc

What happens if you co sign for a car loan and you die?

There are different possibilities. If you have no assets and the primary borrower has defaulted, the bank is out of luck. On the other hand, if you have an estate and the primary has defaulted, the bank can make a claim against your estate. The laws vary in different jurisdictions. You should check the laws in your jurisdiction and make certain you understand your obligations before you co-sign.

There are different possibilities. If you have no assets and the primary borrower has defaulted, the bank is out of luck. On the other hand, if you have an estate and the primary has defaulted, the bank can make a claim against your estate. The laws vary in different jurisdictions. You should check the laws in your jurisdiction and make certain you understand your obligations before you co-sign.

There are different possibilities. If you have no assets and the primary borrower has defaulted, the bank is out of luck. On the other hand, if you have an estate and the primary has defaulted, the bank can make a claim against your estate. The laws vary in different jurisdictions. You should check the laws in your jurisdiction and make certain you understand your obligations before you co-sign.

There are different possibilities. If you have no assets and the primary borrower has defaulted, the bank is out of luck. On the other hand, if you have an estate and the primary has defaulted, the bank can make a claim against your estate. The laws vary in different jurisdictions. You should check the laws in your jurisdiction and make certain you understand your obligations before you co-sign.

Can you get an auto accident lawsuit loan?

Yes.

A plaintiff most certainly can obtain an auto accident loan for their case if of course the lawsuit is already filed. Lawsuit funding companies provide financing for auto accidents and nearly all personal injury cases. You can simply apply or call them to learn more on obtaining a non-recourse cash advance for your auto accident lawsuit loan.

If you have been involved in an accident, you should seek an attorney immediately.

Does a credit union have a higher interest rate than a bank?

They do usually have a higher interest rate, but it's only about .25 to .50 percent higher.

Is American Lending Solutions LLC a legitimate mortgage Lender?

They appear registered as a mortgage lender, but they are not well-reviewed.

Look up the BBB rating.

Can a lender foreclose on a property even if the mortgage payments have been kept current?

No but if a home owner is behind on payments and needs a loan mod or short sale approval, proof is available at RestReport.com

How can you show one third of a pizza being more than one half of a pizza?

Cut one pizza into three equal pieces, and cut a second pizza of the same size into halves. You can simulate this with a piece of paper and a pencil or pen.

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One third is NOT more than one half.

What do people borrow money for?

People borrow money to buys houses, to buy cars, to start businesses, to gamble in Las Vegas, and for many other reasons, some good and some not so good.

Can bank reposses car after you paid 75 percent loan and i defaulted 2 month installments?

Quite probably. Because you have paid so much of the loan they might even find it more attractive to do so.

Can a life tenant take out a mortgage?

If they can find a mortgage company that is willing to take the risk. Because the tenancy is for the life of the holder, once they die, there is no recourse. Any interest rate would be extremely high as there is a great deal of risk.

Why would a mortgage release be on public record file?

A mortgage is a lien on the property that is recorded in the land records to notify other creditors or buyers that the property has been put up as collateral for a loan. When the mortgage is paid off the lien must be released by a mortgage discharge recorded in the land records.

A mortgage is a lien on the property that is recorded in the land records to notify other creditors or buyers that the property has been put up as collateral for a loan. When the mortgage is paid off the lien must be released by a mortgage discharge recorded in the land records.

A mortgage is a lien on the property that is recorded in the land records to notify other creditors or buyers that the property has been put up as collateral for a loan. When the mortgage is paid off the lien must be released by a mortgage discharge recorded in the land records.

A mortgage is a lien on the property that is recorded in the land records to notify other creditors or buyers that the property has been put up as collateral for a loan. When the mortgage is paid off the lien must be released by a mortgage discharge recorded in the land records.

How much faster will you pay off your mortgage if you make biweekly payments?

Paying off your loan BI_WEEKLY shortens the interest on your loan. It's important because the first (many) years ---- you're paying on interest, not principal. By paying "bi-weekly", you're paying more on principal than interest. Which means that you're paying less on interest and more on principal, which will shorten the length of your loan obligations. Good luck --- JIM

What happens if you default on car loan in divorce?

The car will most likely be repossessed unless you make up the missing payments and penalties.

Why is the mortgage loan application process longer and more involved than that for consumer loans?

The application for a mortgage maybe more involved than for other forms of loans, and accuracy and completeness are essential. Unlike many small consumer loans, for which a quick credit check is sufficient, every detail of a mortgage application will be evaluated carefully. Missing, incomplete, or wrong information will delay the process at the very least and may result in denial of the loan.

What does take a default mean?

Sports- lose by not playing

Accounting term- behind on payments on a loan

What documents are required for home loan application in India?

To avail a home loan from an Indian Bank you will have to submit your personal, financial and bank account details along with ID,Age,Address proofs.

When does the hr block emerald advance start for the 2012 year?

Emerald Advance started yesterday, Friday 11-16-12. It is available for returning and NEW clients.

What is the formula to calculate servicing fees on mortgage loans?

Pretty sure it's I=PRT. Interest equals principal, x rate x time. Then the interest is added to the principal loan. Or maybe that's just to figure out you monthly payments. Servicing fees are usually different percentages, accordingly.