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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

How can you make someone refinance a loan to take you off as a co borrower?

Generally, you can't make a co borrower refinance. That must be voluntary. You are responsible for the loan until it is paid off.

If there is a divorce the parties can negotiate concerning a mutual loan and the divorce decree can contain a provision that the loan be refinanced.

Generally, you can't make a co borrower refinance. That must be voluntary. You are responsible for the loan until it is paid off.

If there is a divorce the parties can negotiate concerning a mutual loan and the divorce decree can contain a provision that the loan be refinanced.

Generally, you can't make a co borrower refinance. That must be voluntary. You are responsible for the loan until it is paid off.

If there is a divorce the parties can negotiate concerning a mutual loan and the divorce decree can contain a provision that the loan be refinanced.

Generally, you can't make a co borrower refinance. That must be voluntary. You are responsible for the loan until it is paid off.

If there is a divorce the parties can negotiate concerning a mutual loan and the divorce decree can contain a provision that the loan be refinanced.

What happens if the mortgage was defaulted and the bank foreclosed but the mortgage was held by investment bankers who bought your loan as part of security investment?

There should be an assignment on record in the land records. The foreclosure must be done by the mortgage holder of record.If the mortgage was assigned by a written and recorded assignment the foreclosure must be done by the assignee.

There should be an assignment on record in the land records. The foreclosure must be done by the mortgage holder of record.If the mortgage was assigned by a written and recorded assignment the foreclosure must be done by the assignee.

There should be an assignment on record in the land records. The foreclosure must be done by the mortgage holder of record.If the mortgage was assigned by a written and recorded assignment the foreclosure must be done by the assignee.

There should be an assignment on record in the land records. The foreclosure must be done by the mortgage holder of record.If the mortgage was assigned by a written and recorded assignment the foreclosure must be done by the assignee.

Can you get a second mortgage after filing bankruptcy?

Yes, as long as the bankruptcy has been discharged, your credit score is 580+, and you earn enough income to support the additional loan.

What happens when you sever a joint mortgage?

You cannot sever a joint mortgage. It must be paid off.

You cannot sever a joint mortgage. It must be paid off.

You cannot sever a joint mortgage. It must be paid off.

You cannot sever a joint mortgage. It must be paid off.

What is the primary function of the Term Asset-Backed Securities Loan Facility?

Provide funding support for collateralized securities such as student, auto, and credit card loans.

Can a co signer claim taxes on a mortgage?

if his first on the title most likely yes. he will need some kind of approval for the other person.

Who are non institutional Lender?

Non-institutional lenders are individuals or organizations that provide loans without being part of traditional financial institutions like banks or credit unions. They include private lenders, peer-to-peer lending platforms, and hard money lenders. Often, they are more flexible in their lending criteria and may focus on specific niches or types of borrowers, such as real estate investors. Non-institutional lenders typically charge higher interest rates compared to traditional lenders due to the increased risk they undertake.

When you're buying a car and your credit it bad does the car dealer have to pay the bank a fee to buy your loan?

Yes, In some cases. If you are only capable of being financed by a sub-prime

or secondary lender, there is a fee or comparatively a closing cost to secure the

funds necessary to finance that loan. Unfortunately you may have not to many

options as far as the vehicle on the lot you get to take home. The vehicle will have to be able to absorb the cost to finance as well as fall in the criteria, age, mileage and price in which the lender will be willing to finance. this is not an easy feat and can be discouraging. The dealer will not tell you there is a cost associated with this purchase because of the truth in lending laws. Good luck

Is it best to pay off a bill of seven thousand or to put the money in savings?

It would be better to pay off the bill. Once you pay off the bill you donÕt need to worry about it and all the extra money you save by not paying interest on that money can go into a saving account.

What happen when you have a title loan and the car gets booted?

It's still your car as long as you pay for it. You are expected to pay impound to get it back.......................but they have the title

What is the phone number for Bank of America insurance department for home loans in fort worth Texas?

Updates/Changes to Insurance Policies:

Phone: 1.866.265.3321

Payoff Demand Requests:

Phone: 1.800.669.5833

Does being a co applicant affect your credit?

No it helps it if you make timely payments.. but you are equally responsible to repay the debt. Also, it takes away from your available credit so make sure it is something you really need to get in debt for. If you mean co-signor, YOU are responsible for all the debt and it goes against your credit entirely even though the other party is "supposed" to be responsible.

"Affect" doesn't necessarily mean something bad. Yes, being a co-applicant affects your credit. If you are a co-applicant, it is usually affects your credit the same way it would if you were the only applicant. If the loan is repaid in a timely manner, it affects your credit positively. If the loan is paid back in a non-timely manner, or if it is defaulted on, it affects your credit adversly.

How APR impacts choice of loans?

APR affects the value of loan repayments because it's a percentage of the total loan repaid on an annual basis. A low APR makes repayments cheaper than a high APR.

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