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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 do I know if I have Mortgage insurance?
i have mortgage and homeowner insurance and fidc risk insurance
What is the difference between a loan officer and a loan processor?
A loan officer is the initial point of contact to start a loan. They will gather all the information from the borrower and discuss various loan programs offered. The loan processor takes all the information and verifies through documentation in order for the loan to go be passed off to an underwriter who will make the decision to approve or deny the loan.
Why are two thirds of the people fat and half of them obese?
Because they love food, they say it isnt there fault and there only a tiny bit true but if there insecure then why dont they try and lose the weight, Or simply because there greedy
It really depends on your set of circumstances and if you have the financial credentials to qualify for a mortgage and additionally afford one. No one should get a mortgage if they will not be able to afford it later down the road as that will lead to financial disaster.
For this reason, it is always a good idea to get in contact with a reputable mortgage company that can help guide you in determining whether or not if you have the proper income and background to qualify for a mortgage. The company will ultimately be your fries of nd during this process and will only lead you in the proper direction. Like most aspects of life that require money, it take careful planning, sound advice, and proper guidance.
What loan is best to pay off the balance of a home equity loan after the sale of the house?
There should be no balance. The sale of the home will probably wipe out the balance of the home equity loan if there is negative equity. Depending on your state, a home equity loan lender may ask for funds from the seller in order to release their lien, especially if the the funds for the home equity loan were used for non-home improvement items. The lender may ask for funds from the seller in order to release their lien in these cases. Can they legally? Possibly. There is a federal forgiveness bill that was passed as far as taxation goes, but there is criteria that has to be met.
Are there mortgage lenders who will refinance after a chapter 13?
Yes. An FHA loan currently has a 1 year waiting period after the payout period. All trustee payments must have been on time, as well. Best of luck. FNMA conventional is a 2 year wait, and there may be some down payment criteria depending on the lender preferences.
The mortgagor should make certain they are fully informed regarding the provisions and consequences of reverse mortgages. Once granted and in operation, the amount owed grows rapidly. If this option is the only option open to an elderly homeowner the reverse mortgage may be practical, however, all the terms and conditions should be fully understood.
The mortgagor should make certain they are fully informed regarding the provisions and consequences of reverse mortgages. Once granted and in operation, the amount owed grows rapidly. If this option is the only option open to an elderly homeowner the reverse mortgage may be practical, however, all the terms and conditions should be fully understood.
The mortgagor should make certain they are fully informed regarding the provisions and consequences of reverse mortgages. Once granted and in operation, the amount owed grows rapidly. If this option is the only option open to an elderly homeowner the reverse mortgage may be practical, however, all the terms and conditions should be fully understood.
The mortgagor should make certain they are fully informed regarding the provisions and consequences of reverse mortgages. Once granted and in operation, the amount owed grows rapidly. If this option is the only option open to an elderly homeowner the reverse mortgage may be practical, however, all the terms and conditions should be fully understood.
Of course you have to give the money to the mortgage company. You own the mobile home subject to the loan you got to pay for it. An intelligent buyer will make certain the loan is paid or they will take possession of the property subject to your lien.
Of course you have to give the money to the mortgage company. You own the mobile home subject to the loan you got to pay for it. An intelligent buyer will make certain the loan is paid or they will take possession of the property subject to your lien.
Of course you have to give the money to the mortgage company. You own the mobile home subject to the loan you got to pay for it. An intelligent buyer will make certain the loan is paid or they will take possession of the property subject to your lien.
Of course you have to give the money to the mortgage company. You own the mobile home subject to the loan you got to pay for it. An intelligent buyer will make certain the loan is paid or they will take possession of the property subject to your lien.
Does account balance mean how much money you have left to spend with financial aid?
it means A balance of payments sheet is an accounting record of all monetary transactions between a country and the rest of the world
Can you change from a variable loan to a fixed loan?
If agreed by the Bank/Loaner - fixed load has fixed interest
What are the documents required for a NRI to get a home loan?
For Salaried Individuals
Almost 95% or more of the NRI's would fall into this Category and they would comprise a huge chunk of the population that apply home loans from banks in India. The documents required would be:
1. Employment Proof - Offer Letter or Contract Letter or Agreement Letter
2. At least 3 months' Salary Slip (Some banks may ask for up-to 6 months' payslips)
3. At least 6 months Bank Statement - Statement from the bank where your employer credits your salary
4. Latest Foreign Identification Copy (Ex: NRIC in Singapore and equivalent identification for other countries)
5. Passport (All non-blank pages)
6. VISA/Work-Permit
7. Residence Address Proof in the Country of Residence/Work - Electricity/Gas Bill, Telephone bill etc
8. Passport Size Photographs (The number may vary from bank to bank. They will atleast ask one photo)
9. Latest Credit Bureau Report (Wherever applicable. For country's like US, Singapore etc this will be required)
10. A Cheque favouring your bank for the Processing Fee
How do you remove co-sign on mortgage?
By paying off that mortgage. If necessary the primary borrower would need to qualify to refinance in their own name alone.
By paying off that mortgage. If necessary the primary borrower would need to qualify to refinance in their own name alone.
By paying off that mortgage. If necessary the primary borrower would need to qualify to refinance in their own name alone.
By paying off that mortgage. If necessary the primary borrower would need to qualify to refinance in their own name alone.
Can a co signer be relieved of responsibility on a home loan after a period of time?
Only with the OK of the lender.
Once a mortgage has been signed it will remain in effect until it is paid. The bank required a co-signer in order to guarantee that mortgage would be paid if the primary borrower defaults on the payments. The co-signer remains responsible for the mortgage until it is paid off. In order to get your name off a mortgage you co-signed the mortgage would need to be paid off and refinanced in the sole name of the primary borrower.
Can a payday loan file fbank fraud against you?
Not usually, however if you use an unregulated provider then they may be able to. My advice would be to use a well known and respected comparison site such as Payday Provider.
Can a person with very bad credit get a car loan if they have a co signer with excellent credit?
Yes they can if they have had another loan with your name and their name.
Who pays taxes on a reverse mortgage home that is no longer lived in?
The owner of the property.
The owner of the property.
The owner of the property.
The owner of the property.
Is minor eligible for loan against deposit?
No. Minors are not eligible for loans as individuals. The only loan they are eligible for is an educational loan, that too will be granted only if an earning family member applies for the loan as a joint applicant. Loans are usually granted only to individuals who have an income and have the capacity to repay the loan.
Can the Mortgage be in your name and deed be in both your names not married?
All the owners of the property will be required to sign the mortgage so that in the case of a foreclosure the lender can take possession of the property. If only one owner signs the bank cannot foreclose on the other owner's interest.
All the owners of the property will be required to sign the mortgage so that in the case of a foreclosure the lender can take possession of the property. If only one owner signs the bank cannot foreclose on the other owner's interest.
All the owners of the property will be required to sign the mortgage so that in the case of a foreclosure the lender can take possession of the property. If only one owner signs the bank cannot foreclose on the other owner's interest.
All the owners of the property will be required to sign the mortgage so that in the case of a foreclosure the lender can take possession of the property. If only one owner signs the bank cannot foreclose on the other owner's interest.
What happens if you get your car repaired and don't pay?
if you dont pay usualy they will keep billing you until you do pay it or even you might have to go to court.
That means another bank has purchased your mortgage. The original lender should arrange to have an assignment of mortgage recorded in the land records to make the assignment legal. As long as you make your payments on time you shouldn't suffer any effects except a change in the address where you send your payments.
That means another bank has purchased your mortgage. The original lender should arrange to have an assignment of mortgage recorded in the land records to make the assignment legal. As long as you make your payments on time you shouldn't suffer any effects except a change in the address where you send your payments.
That means another bank has purchased your mortgage. The original lender should arrange to have an assignment of mortgage recorded in the land records to make the assignment legal. As long as you make your payments on time you shouldn't suffer any effects except a change in the address where you send your payments.
That means another bank has purchased your mortgage. The original lender should arrange to have an assignment of mortgage recorded in the land records to make the assignment legal. As long as you make your payments on time you shouldn't suffer any effects except a change in the address where you send your payments.
