Archive for the ‘Renting & Real Estate’ Category

 

What are the effects of outstanding business loans on my home mortgage application?

Wednesday, March 30th, 2011
param asked:


I have debt from my old business and now I am a student. However we deligently paying monthly minimum payment. To purchase a home I am willing to put 5% down. With me and my spouse we have more than required income to pay monthly mortgage and other expenses.

What are the chances of obtaining mortgage loan in this situation? Is my application going to get rejected ? Does business loans have any impact on my personal home mortgage application?

 

What are the different kinds of mortgage loans available?

Tuesday, March 8th, 2011
Sam asked:


Im looking to buy a house. I know there are different loans. What are my options, what are the defferences between them, and what is the advantage of each loan? Sorry if this is all confussing, im not to sure what im talking about.

 

How likely is to get a home loan from a bank when having over $60,000 out in school loans?

Tuesday, June 1st, 2010
meg asked:


I graduated from college last year and am wanting to buy/build a house. I am curious about how likely it is to get approved for home loans when I have around $60,000 in debt from school. Is this even an option for me right now?

 

Can someone tell me how collateral loans work or secured loans?

Monday, November 30th, 2009
Lions asked:


I own four condo properties outright. I plan to put three units up for collateral. I need to know if there are any fees or interests attached to the loans? If so, what is the going interest rate for collateral loans? What are the kinds of fees to expect?

 

How did subprime loans lead to the current recession?

Tuesday, November 24th, 2009
iLoveLife惄 asked:


I’m doing a paper for my business class and have to explain how the subprime loans led to the current economic recession. Thanks!

 

Are there Grants and loans out there for payments on land for putting a home onto?

Sunday, September 20th, 2009
craig_snow2000 asked:


Also are there grants and loans for buying a home where we can pay for both the land and home at same time? Where do we look for these things.

 

How do student loans affect a mortgage applicaton?

Thursday, August 20th, 2009
tomiko asked:


I have $60,000 in various student loans, but since consolidating my combined payment is only $300/month. I have no other debt. Do lenders view student loan debt differently due to the flexibility of the loans? Also, would they look more at the total amount of the debt or the monthly payment when determining the rate and loan amount?

 

How many point do lenders pay on commercial real estate loans?

Sunday, June 14th, 2009
JP29 asked:


I’m considering getting into commercial real estate loan brokering and I would like to find out how many point lenders usually pay on these types of loans. I know the amount can vary, but I’m looking fo a range so I can calculate my possible commission. For argument’s sake let’s say an average loan amount would be $2.5 million. But, any info on how the system works on loans larger or smaller than that would be helpful also. Thanks.

 

Why is it that many loan companies wont provide home equity loans on property that are used for agriculture?

Monday, May 11th, 2009
NONAME asked:


One that comes to mind is quicken loans. Any information would be appriciated, thanks.
The thing is, my home is included in my land that I use for cattle grazing.

 

How do you find banks to give LLC loans for investment properties?

Sunday, April 19th, 2009
drf2684 asked:


I would like to find some institutions that provide mortgage loans to an LLC but haven’t been able to find any that don’t require 40% down payments or something ridiculous like that. Is this the norm?