How many days will a calamity loan be approve and have check?
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Can unpaid late fees be reported on credit report even after loan is paid off?
They are allowed to add late fees to balance-meaning if they are unpaid it's not paid off. And even when everything is paid off, the credit report will reflect that a loan and late fee charges were reported, paid, and then updated to show a zero balance. This information will stay on your credit report for seven years.
How long do you have to wait to get a loan after a repossession?
There is a large number of people out there saying "I need a personal loan quick but I have bad credit", and they have no idea where to go to get a loan. They know one thing for sure - they're not going to get none from their local banks, because banks are hesitant about lending money to people with bad credit. If you are one of them, you'r win the right place to get a quick personal loan in the next hour or so. this is one of the best ways of obtaining quick cash without credit check, no collateral, no cosigner is needed, so i will advise you to cantact them via email: admin@konomarkloanfirm.cu.cc
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How does a secured loan differ from an unsecured loan?
A secured loan is a loan that some monetary interest (money or property of value) attached to the loan to insure its repayment. If the loan is not repaid, the monetary interest becomes the property of the loaning party. A unsecured loan does not have a monetary interest attachment.
Is mortgage loan a income or an expense?
Neither.
The actual loan is a capital item and the interest on the loan is an expense for the borrower but income for the lender.
The only time the loan itself becomes an expense item is when the unrecoverable portion needs to written off and then it becomes a bad debt.
Repayment of the loan is entirely on the asset accounts for both the borrower and lender.
Can you get to loans from separate places to finance one car?
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What happens there is one person on the loan and two people on the Deed?
Nothing happens unless that person on the loan does not pay or dies. A real estate attorney in your particular state should be contacted for legal advice. If one of the former occurrences happen, the one not on the mortgage may lose property rights. The lender for the property does not need to accept mortgage payment from the other party since the loan was not with them. Legal and mortgage rights are dependent upon the state. Consult with an attorney to ensure your continuity rights of ownership here.
Can a husband let the wife take over the loan of a house without her having rights to own the house?
If the loan by the Bank than it will be on your name. Do not pay loan if someone else as name to the loan.
What happens to charged off debt in chapter 7 bankruptcy if you refinance mortgage?
This confuses two different concepts. A "charge off" is an accounting and tax term that means the creditor does not believe a debt is going to be repaid. It gives the lender a tax deduction.
A discharge in bankruptcy is a permanent injunction against a creditor taking any action to collect a debt, including debt collection agencies or successors/purchasers of a discharged debt.
Assuming the refi of the mortgage happens after discharge, nothing happens. If the refi happens while a c 7 or 13 is still pending, and lowers the mortgage payment, and has been approved by the bankruptcy court, it could affect how much you have to pay to the trustee.
What are your rights if a co owner takes out an illegal loan against your property?
Generally one co-owner can borrow money secured by their interest in real property. Most lenders do not approve such loans since they cannot foreclose and take the property unless all the owners consented to the mortgage.
You haven't explained why the mortgage is illegal. You should consult with an attorney who can review the mortgage and explain your rights and options.
Generally one co-owner can borrow money secured by their interest in real property. Most lenders do not approve such loans since they cannot foreclose and take the property unless all the owners consented to the mortgage.
You haven't explained why the mortgage is illegal. You should consult with an attorney who can review the mortgage and explain your rights and options.
Generally one co-owner can borrow money secured by their interest in real property. Most lenders do not approve such loans since they cannot foreclose and take the property unless all the owners consented to the mortgage.
You haven't explained why the mortgage is illegal. You should consult with an attorney who can review the mortgage and explain your rights and options.
Generally one co-owner can borrow money secured by their interest in real property. Most lenders do not approve such loans since they cannot foreclose and take the property unless all the owners consented to the mortgage.
You haven't explained why the mortgage is illegal. You should consult with an attorney who can review the mortgage and explain your rights and options.
How are car loan defaults settled in court?
Under "contract law", in this instance the loan/payment agreement you signed at the time the car was handed over to you.
Can you get a loan to get my car out of the impound?
It is very unlikely that any trustworthy loan officer would approve a loan for this purpose.
Can you avail an SSS calamity loan even if you had an existing salary loan?
i think SSS doesn't have a calamity loan but they do have a SLERP (Salary Loan Early Renewal Program) where it is a type of an emergency loan where your present balance will be deducted to your new loan. but this is case to case basis. only if the Government declares a state of calamity on your area
Yes, The ex spouse may drop your name off the homeowners insurance, all the other party have to do is take out an homeowners insurance out in his/her own name. that way they know their investment is secure.
Another PerspectiveNo. There would be a problem if there is a pay off in the case of a catastrophe. Your ex would have to list her/his name as the owner of the property and that would be fraudulent. If it was disclosed there was a co-owner the policy would go in both names. An insurance company cannot pay only one joint owner if the property is wrecked by fire or some other disaster. If you own the property and are paying the mortgage the insurance company would be liable for paying only a half-owner. You should consult with an attorney in order to get this issue resolved.
How can you apply a mortgage through the government?
You apply through a bank or credit union. If you qualify, they will set you up for a VA (Veterans Administration) or an FHA (Federal Housing Authority) loan.
How many years do you reduce if you make two additional mortgage payments a year?
That would knock about 8 years off a 30-year mortgage; but I wouldn't save up money for lump payments twice a year -- just add the amount you're saving to the monthly payment instead. That'll pay it off a little faster.
See the related links for a calculator that'll let you play with different scenarios; there are many similar web pages, if you search the internet for "mortgage calculator".
When did green tree buy purchase gmac home mortgage loans?
The Green Tree did purchase the GMAC home mortgage loans five years ago. They are expecting to own homes in the near future because they will be financed by the mortgage loans.
What are retracted payments on our wells Fargo auto loan payment history?
Retracted means to withdraw from something. It also means to withdraw a statement, opinion or charge as not valid or unjustified.
It can mean take it back, reverse, repeal, cancel, recant, back out of, deny or recall.
Possibly Wells Fargo cancelled or removed payments from your auto loan history.
Is it possible to get Guaranteed Auto Loans with No Money Down and how?
I don't know what you mean by "guaranteed auto loans". Usually the phrase is used by used car dealerships and means that the dealership will either finance the car internally or has a relationship with a lender who has agreed to finance car loans no matter how bad someone's credit is (usually at very high rates) if the "usual" lenders balk.
In general, you do not want such a loan. You'll either pay much much more in interest than you should (best case), or you'll wind up defaulting and lose the car, plus still owe money.
What happens when car loan is paid off but late charges are due?
THEN THE LOAN IS NOT PAID OFF!
All late charges, penalties are added to the principle amount and then the payments continue until all owed monies are paid.
Penalties and repossession are still done at this point in the process
What primarily resulted from the late 1980s savings and loan crisis?
Deregulation in a high interest rate enviorment.
good answer!
Is there anyone who has got a car loan with poor credit if so where at?
Victory Chevrolet in Mt. Holly, North Carolina. I have poor credit and I was treated like a customer who had good credit. They secured me a loan from GM Financial for 9.9%, which is better than Drivetime, who suggested a 17.9% loan for me after I paid a car loan through them for 4 years without one late payment. Don't go to Drivetime, trust me. At Victory Chevrolet, I was greeted, test drove cars and got financing underway and completed in less than 2 hours. Awesome experience.
compound
When is mortgage insurance typically required?
when the down payment is under 20% of the homes purchase price -kaya :)
Does the co-op board have to approve a shareholder's request for a home equity loan?
Yes. But in practice, the Board delegates such powers to the operating personnel with limits in place.