Tag Archives: Debts

No Fee Mortgage Plus from Bank of America. how come?

Posted on October 20, 2010 by admin

fire f asked: i’ve talked to two loan officers regarding this loan and they both offered the 80/20 or 80/15/5 — i can put 5% down. both discouraged me to avail of the no fee mortgage plus. any input? i … Continue reading →

Posted in Renting & Real Estate | Tagged Bank America, Bank Of America, Closing Cost, Debts, Fee Mortgage, Home Equity Loan, Home Improvements, Loan Officers, Mortgage America, Mortgage Bank, Piggyback Loans, Pmi | 3 Comments

Credit Cards Past Due – Need Advice about Credit Counseling/Negotiating/Bankruptcy Please?

Posted on August 11, 2010 by admin

BrendaD asked: I have approx. 40K between 4 credit cards that I had before I was married. These credit cards are in my name only, not my husband’s. I have always paid my debts on time and have never been … Continue reading →

Posted in Credit | Tagged Bankruptcy, Car Loan, Car Payments, Credit Card Payments, Credit Counseling, Debts, Financial Situation, Full Time, Home Equity Loan, Home Loan, Late Fees, Minimum Payments, Mortgage Loans, Mortgage Payment, Part Time | 4 Comments

Understanding Pre-Qualifying Mortgage and Home Purchase Budget

Posted on August 5, 2010 by admin

Rose B asked: Buying your own property may necessitate you to accomplish tons of document requirements. But perhaps the most vital thing you need to prepare is a plan on how you would finance such real estate endeavor. One of … Continue reading →

Posted in Finance | Tagged Amount Of Money, Best Time, Credit Score, Debts, Document Requirements, Endeavor, Financial Capabilities, Financial Information, Good Shape, Home Buyers, Home Purchase Loan, Initial Stage, Mortgage Type, Pre Qualification, Qualification Letter | Leave a comment

Is it OK to get loan for more than the purchase price of a house, as long as it’s not over the house value?

Posted on May 29, 2010 by admin

Ron S asked: I am buying a house from a relative for $200k. The property appraised for $270,000; they’re selling to me for $200k since I am a relative, and the property is paid off so it’s basically $200k in … Continue reading →

Posted in Renting & Real Estate | Tagged Buying A House, Buying House, Debts, First Mortgage, Home Equity Loan, House Value, Loan Mortgage | 6 Comments

Online Home Equity Loan Services

Posted on February 5, 2010 by admin

David Evermon asked: The Internet presents a wealth of information about home equity loans and companies that offer them via online means. Since the Web is now considered a legitimate channel for financial transactions, the information you can obtain online … Continue reading →

Posted in Non Fiction | Tagged Collateral, Debts, Equity Line Of Credit, Financial Transactions, Home Equity Line Of Credit, Home Equity Loan, Home Equity Loans, Home Loan Providers, Loan Services, Loan Sources, Loan Works, Real Deal, Time Frame, Traditional Loan, Two Kinds | Leave a comment

The Benefits of A Home Equity Loan

Posted on December 29, 2009 by admin

Ken Charnly asked: A home equity loan allows you to borrow money using the equity in your home as security. By equity we mean the market value minus any mortgage or loan amount attached to it. You can borrow the … Continue reading →

Posted in Loans | Tagged Bad Credit, Benefit, Borrow Money, Borrower Defaults, Credit Cards, Current Rates, Debts, Education Planning, Home Equity Loan, Home Equity Loans, Interest Rates, Investment, Planning A Trip, Types Of Loans, Worry | Leave a comment

Who is responcible for the bills of a family member who is incapacitated?

Posted on December 23, 2009 by admin

Scott M asked: My stepfather suffered a massive stroke on Friday the 13th – I have come to help my mother with his financial obligations. I am so confused! After going through his financial records we discovered obligations we knew … Continue reading →

Posted in Personal Finance | Tagged Cell Phone, Credit Cards, Debts, Family Member, Financial Obligations, Friday 13th, Friday The 13th, Home Equity Loan, Massive Stroke, Mortgage Loan, Paralysis, Stepfather | Leave a comment

Why Choose A Home Equity Loan?

Posted on December 12, 2009 by admin

Ken Charnly asked: A home equity loan may be exactly what you’re looking for to fix any financial issues you and your family may be experiencing. Here are some scenarios in which you might wisely choose a home equity loan:An … Continue reading →

Posted in Loans | Tagged Citizens, Credit Card Rates, Credit Debt, Debts, Financial Sense, Global Downturn, Grants, High Interest, Home Improvement Loans, Home Improvements Loans, Interest Debt, Loan Consolidation, Money Work, Scenarios, Unexpected Expense | Leave a comment

Can I get a home equity loan 2 years after bankruptcy?

Posted on December 3, 2009 by admin

Chris G asked: I had a business failure that caused a personal chapter 7 bankruptcy which was discharged in April of 2007. I currently have a tax lien on the home due to some IRS penalties, interest and taxes owed … Continue reading →

Posted in Credit | Tagged April, Business Failure, Chapter 7 Bankruptcy, Credit Card, Credit Scores, Current Mortgage, Debts, Fha Mortgage, Home Equity Loan, Irs Penalties, Job, Personal Bankruptcy, Personal Chapter, Tax Lien | 7 Comments

Serious, factual, answers regarding re-fi and home equity?

Posted on October 31, 2009 by admin

My Dog Rowdy asked: I bought my home in March of 2003, my mother co-signed for me, but does not live with us or pay on the mortgage. I would like to look into either a refinance or home equity … Continue reading →

Posted in Personal Finance | Tagged Co Signer, Debts, Factual Answers, Fi, Fraud, Home Equity Loan, Interest Rate, Mortgage, Mother Co, Refinance Loan | 2 Comments