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one hundred baisa value in Indian currrency

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The executor must discuss that with the lender. If the executor is going to inherit the property the lender may agree to allow an assumption of the mortgage.

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Hey, Why dont you go for FAFSA assistance.. they provide good guidance in regards to federal student loan and are legit as well. One of my friend studying at http://www.northclevelandhighschool.com/ applied for loan through their online process and was able to pay it off on time due to the proper guidance they provided him... https://studentaid.ed.gov/sites/default/files/international-students.pdf you can read this out as well for more help.

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* There really is no private lender that will approve you without credit history or a co-signer. The only sure thing is to get a credit card and use it responsibly for a year or two. That is, until the government cleans up it's federal aid system so it works for everyone. * It depends that how good you are in your education how efficient enough you can proof your self to get a loan of any type. Federal students loan and private students loan offers various advantages. You will not need any cosigner if you have good academic record.

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Designed for seniors, a reverse mortgage is a loan that allows the homeowner to convert some of the equity in their home into cash or monthly income, while retaining home ownership. A reverse mortgage, also known as a Home Equity Conversion Mortgage (HECM) is a relatively new product. A reverse mortgage provides unique benefits for its target market eg: someone over 62 who lives in his/her primary residence, who has substantial equity in his/her home, and who has little or no income. A reverse mortgage is a loan against the equity in your home that you don't need to pay back for as long as you live in the home. Eligibility for a reverse mortgage is set by the Federal Government; The Federal Housing Authority FHA tells HECM lenders how much they can lend you, based on your age and your home's value.

The mortgagor is not required to make any payments, the home is owned by the bank upon the death of the mortgagor and the transaction is structured so that the loan amount will not exceed the value of the home at that time. That feature should raise a red flag. That means the homeowner isn't given the fair market value of the property initially because the bank must figure in the interest over the possible life of the loan.

Good credit is not relevant because the home provides the security for the loan. In some cases the heirs have the option to pay off the mortgage when the owner dies but the cost can be extremely high. This type of mortgage has higher up front fees than conventional mortgages and those costs become part of the original mortgage which accrues interest at a rapid rate. This is an important factor to consider because the mortgage must be paid in full if the owner decides to sell the property or if their heirs desire to keep it after their death. Especially troublesome is the fact that many reverse mortgage lenders will send a loan officer to the senior's home to sign the loan documents and the senior has no benefit of having another pair of eyes and ears present at the transaction.

To be eligible for a reverse mortgage, you need to be at least 62 years old, occupy the home as a primary residence, and either own your own home outright or only owe a small amount on your existing mortgage loan that can be paid off at closing with the proceeds from the reverse mortgage.

In general, a reverse mortgage is tax free and has no income restrictions. Additionally, most payments from a reverse mortgage won't affect Social Security or Medicare benefits. In fact, many seniors use a reverse mortgage to supplement their Social Security and Medicare, allowing for more financial security.

Reverse mortgages also work in a purchase transaction. You can purchase a home without making a single monthly mortgage payment. This option allows seniors to move close to family when the need arises. There are various ways seniors can benefit with a reverse mortgage including receiving additional tax-free monthly income or a lump sum payment, cancelling a current mortgage payment, funding long term care insurance and in-home care, renovations and repair work to their homes.

In many states, the Reverse Mortgage, or Senior Reverse Mortgage, allows for a new home purchase with the use of reverse mortgage funds, this rule does not apply nationwide. Although HUD and the FHA recently passed the HECM Reverse Mortgage home purchase program, allowing you to purchase a new home with reverse mortgage proceeds, borrowers in Texas are not yet eligible. Rules in individual states may vary. Please see a specialist in your own state for more details.

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Only your previous federal loan history affects your ability to get most federal student loans.

For private student loans, your debt (including debts you cosigned on) are a factor that would be considered by most lenders in making a credit decision.

Your potential lender may ask themself: "If this person had to repay the loan they cosigned on, and all the other debts on their credit report, plus the loan they are asking us to approve, could we expect them to repay based on what we know about their income and credit history?"

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A consolidation loan will allow you to get an income sensitive payment that will fit your budget, or you can file for deferment or forbearance.

CALL THE DEPARTMENT OF EDUCATIONS LOAN FINDER LINE. THE NUMBER IS 800 621 3115

If they are federal student loans, you can also check the National Student Loan Database (nslds.ed.gov) which is the government's central database of student aid. If you have private student loans, there is no central place that tracks these. Best idea is to check your credit report. You can get a free yearly report at annualcreditreport.com.

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Your student loans are yours. You have to repay them later, so you do what you want to with them now. Yes, they are supposed to be for help in your education, but I am raising two kids and going to school only with my student loans.

The only demand by the lenders is to payoff your loans on time, otherwise you can do anything with your loan as you want.

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No 575 is a horrible score

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yes, the private or federally guaranteed student loans will show up on your credit report. If you are delinquent or in default on your loans, you can get help with consolidating the loans at www.defaultms.com

The loans will show up on your credit report, even if they are still designated as deferred. You will not owe anything until roughly 6 months after you graduate, and the loan status will change to active once repayment begins.

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It’s important to first understand the differences between a credit report and a credit score. A credit score is a number ranging from 300-850 that depicts a consumer's creditworthiness. Basically, depending on various factors such as previous debt and other financial activity, a credit score is a way to determine whether or not you’re eligible to take out other lines of credit.

A credit report is a full collection of your financial and personal information. It includes your score, yes, but also a full report of how they calculated your score and the various different accounts and factors they looked at to calculate the score. You can only receive a credit report from a credit reporting bureau, and there are only three: Equifax, TransUnion, and Experian.

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Provide proof you already paid the loan in full.

That means front/back copy of canceled check or paid in full letter from the loan holder.

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Eligibility for Federal Stafford loans are not based on your credit so yes, it is possible to get a student loan even with "frightening" credit. The exception to that is if you have previously defaulted or are significantly past due on a previous student loan. Even in this case, there are options to clear this up pretty quickly, so you may continue your schooling. Finally, most private student loans are credit-based so for those, you will at the very least need a co-signer.

Federal loans limits are too low. The "non-credit" based loans like Stafford need to raise their limits to approx. $10,000-$15,000 per year. Then a student has a chance to fully fund their own college tuition at a State College without help from parents.

It is every child's right to go to at least a State college of their choice.

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Yes, depending on which state you live in.

For most states, payday lenders have put into place mechanisms to extend loans up to the maximum number of times the state allows.

When extending a payday loan, keep in mind that you will pay an extension fee (which will be the same as the origination/application fee) that you paid when getting the payday loan in the first place.

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If you can find a lender who will accept your signature, sure. Unlikely.

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No, not as long as they didn't co-sign the mortgage. However, if the parents have died and their property is subject to a mortgage the lender will foreclose on the property if the mortgage isn't paid. If the heirs want to keep or sell the property they must keep the mortgage payments current.

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It would be a waste of time and money. The higher education amendment act made student loans non dischargable in Banruptcy Court. You would have to prove a major financial hardship to have it considered. It's next to impossible.

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The Lending Tree site provides an excellent discussion of student loan qualification. The site is attached to this question as a related link.

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The answer to this question depends on a lot of variables.

For example, one 22 year old may want to live a lavish lifestyle of nice cars, huge houses, and extravagant travel. This person would likely want to put more back for their future (although they almost never do)

Another 22 year old may be perfectly content living a typical middle class lifestyle. They would need to put back less

Wealth is all about income relative to spending. To figure out how much you need to save, you may first want to figure out your future desires and how much you need to earn.

15% of your gross annual income is a good place to start. This is the industry agreed upon number for normal retirement age. Personally I think we all work too hard and it should be 20% or higher. This will help you retire sooner or you could ramp up your income. I would do this with online income strategies.

To learn how to make more money online email me and I’ll send you this free info that worked for me and 100’s of people trying to make money online at easymoneytools99@gmailDOTcom (ADD a . instead of the DOT) and you will see what I mean.

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Yes you may, as long as it does not exceed the value of the property. You can not obviously finance 200% of the value of your property with 2 separate loans but you can apply for a first lien mortage and a second lien mortgage, it's done very frequently with purchases to avoid PMI by splitting a 100% LTV loan into an 80% 1st loan and a 20% second mortgage.