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Mortgages

Using property (e.g. normally real estate) as collateral to obtain a loan that is paid by the borrower in installments.

9,165 Questions

Where can one find information on no closing costs refinancing?

There are a number of sites where one can find information about no closing costs refinancing. Information can be found on the SFGate website as well as the Wells Fargo website. It is often suggested that one speaks to ones current mortgage lender to see if this option is a possibility.

Where can one find more information about MB Bank?

You can find more information about MB Bank by either contacting them directly or asking friends or family for their experiences of using MB Bank. Alternatively, you can ask on a forum or look for blogs on MB Bank.

What services does the EMC Mortgage Corporation provide?

EMC Mortgage Corporation, owned by Bear Stearns, consists of several departments, each offering different services. It offers residential mortgages and loan services.

Where can one find mortgage comparison sites?

Comparethemarket is a site that lists different mortgage companies and their rates. They have side by side comparisons for you. Easy to navigate and find the information you need.

Where could one get mortgage arrears help?

One place where someone could get mortgage arrears help is at the 'moneysavingexpert' website. A few other places where someone could get mortgage arrears help is at the 'citizensinformation' website, the 'homeloanexperts' website, the 'keepyourhome' british website, the 'streetdirectory' website, and the 'bakerfinancial' british website.

Where can one find more information about Lincoln Mortgage?

Lincoln Mortgage information can be found by contacting a reputable bank, such as Bank of America or Conestoga Bank. Once information has been requested, a Lincoln Mortgage representative will follow up.

Where can one go to find a mortgage with a low interest?

First of all don't look for merely a low rate. You want a mortgage plan that fits your budget. The way to find such a mortgage plan is to call around to different lenders and see what they offer. Many loan companies will have different promotions, and by calling around you will be ensuring that you are educated about all the current and available ones. Remember that their goal is to make money, so if a deal or offer seems too good to be true, it probably is. Try starting at your bank, and see what they have to offer. Also check out the public library, because there are often programs centered entirely around helping you find the best and cheapest mortgage.

What are the names of some mortgage lead generation companies?

There are several companies in the business of mortgage lead generation. For example, MVF Global, Leadbay and Mortgageangels are all in this business.

What are some reputable companies that deal with mortgage rate refinancing?

There are a very large number of reputable companies that deal with mortgage rate refinancing. The best places to look are on price comparison sites such as Bankrate so that you can compare deals by only having to enter your details once.

What will happen if you tear a structure down with a mortgage?

You would still be responsible for paying off the mortgage. It is likely that you will have breached your mortgage agreement. The lender may be able to demand immediate payment in full. If you fail to pay, the lender can take possession of the property by foreclosure. The lender could sue you for any deficiency that exists after the property is sold.

You would still be responsible for paying off the mortgage. It is likely that you will have breached your mortgage agreement. The lender may be able to demand immediate payment in full. If you fail to pay, the lender can take possession of the property by foreclosure. The lender could sue you for any deficiency that exists after the property is sold.

You would still be responsible for paying off the mortgage. It is likely that you will have breached your mortgage agreement. The lender may be able to demand immediate payment in full. If you fail to pay, the lender can take possession of the property by foreclosure. The lender could sue you for any deficiency that exists after the property is sold.

You would still be responsible for paying off the mortgage. It is likely that you will have breached your mortgage agreement. The lender may be able to demand immediate payment in full. If you fail to pay, the lender can take possession of the property by foreclosure. The lender could sue you for any deficiency that exists after the property is sold.

Can a co-owner refinance a property without telling the other co-owner?

No. A prudent lender will require that all owners sign the mortgage so that it can take the property by foreclosure if the borrower defaults. If only one signed the mortgage the lender can only take possession of a half interest in the property.

No. A prudent lender will require that all owners sign the mortgage so that it can take the property by foreclosure if the borrower defaults. If only one signed the mortgage the lender can only take possession of a half interest in the property.

No. A prudent lender will require that all owners sign the mortgage so that it can take the property by foreclosure if the borrower defaults. If only one signed the mortgage the lender can only take possession of a half interest in the property.

No. A prudent lender will require that all owners sign the mortgage so that it can take the property by foreclosure if the borrower defaults. If only one signed the mortgage the lender can only take possession of a half interest in the property.

What is a down payment on a house?

Most people borrow money from a bank when they want to buy a house, but they usually do not borrow 100% of the cost of the house. They usually do have some money to apply toward the cost of the house, and that amount is called a down payment. So to buy a house costing $200,000 a person might make a down payment of $50,000 and then borrow the remaining $150,000.

How can you remove the cosigner from a mortgage?

You must pay off the mortgage and refinance the loan in a single name.

You must pay off the mortgage and refinance the loan in a single name.

You must pay off the mortgage and refinance the loan in a single name.

You must pay off the mortgage and refinance the loan in a single name.

How do you find out who holds the mortgage on a house?

Unless you are one of the people or agencies allowed to know that you can't.

If you are a person or agency that is allowed to know that you know how to find out.

If you have a legal claim against the property or owner you r lawyer will be able to access that information.

Does it matter whose name is first on the deed to a house?

The order in which owners are listed on a deed does not affect the rights or responsibilities of the owners.

Can you remove your spouse's name from the property if separated?

No. You cannot remove a spouse's name from a mortgage or a deed. If you want their interest in the property they must execute a deed voluntarily, transferring their interest to you. You may need to buy them out.

No. You cannot remove a spouse's name from a mortgage or a deed. If you want their interest in the property they must execute a deed voluntarily, transferring their interest to you. You may need to buy them out.

No. You cannot remove a spouse's name from a mortgage or a deed. If you want their interest in the property they must execute a deed voluntarily, transferring their interest to you. You may need to buy them out.

No. You cannot remove a spouse's name from a mortgage or a deed. If you want their interest in the property they must execute a deed voluntarily, transferring their interest to you. You may need to buy them out.

How do the first time home buyer plan work?

The Home Buyers' Plan (HBP) is a program that allows you to withdraw up to $25,000 in a calendar year from your registered retirement savings plans (RRSPs) to buy or build a qualifying home for yourself or for a related person with a disability.

What is TMW DDR on bank statement?

It's The Mortgage Works - think you have your mortgage with them.

What is the purpose of a down payment?

Down payments are meant to protect businesses and companies from people who neglect to complete their payments on large purchases. In the event a person making payments defaults or refuses to pay, the down payment ensures the company has not lost all of the money the item being paid for was worth.

Why do lenders tend not to be as flexible about the qualifications required of mortgage customers as they can be for other types of bank loans why is this so?

Banks often sell mortgage loans to secondary lenders, who have their own regulations; mortgages generally run much longer and are much larger than other types of loans; if the borrower defaults on a mortgage loan, the bank may be stuck with a large asset that's hard to maintain and hard to sell.

What companies offer let to buy mortgages in the UK?

There are a number of companies in the UK that offer Buy-to-let mortgages. Companies like Aldermore, H&R, Principality, HSBC and Satander all offer this type of mortgage. But they will cover at most 80% of the purchase price. It is suggested that one shops around for the best deal

Where can one find free tools similar to what mortgage brokers use?

One can find free tools similar to what mortgage brokers use on an iPhone app called Mortgages and more. This app will alow a person to calculate different mortgage payments and amortization costs.

What is the concept of second mortgage 125?

Second mortgage 125 accounts are used to pay off debt or to fund home improvement jobs. Instead of having a flexible rate like most mortgages, this one is fixed at 125%.