0
"Here are the basic requirements to obtain a real estate loan: two year of employment (same employer preferably), income in last two years same or increased, minimal credit score of 620, no bankrupts within two years, three years for foreclosures, and mortgage payment is about 30% of your income before taxes."
Add your answer:
Earn +20 pts
What is the minimum age to obtain a car loan in California?
You must be 18 to sign a legal contract, i.e., to obtain a loan.
What is it called when property is pledged to assure repayment of a loan?
That would be a secured loan and the property is called collateral.In the case of real estate, the borrower must sign a note and a mortgage.That would be a secured loan and the property is called collateral.In the case of real estate, the borrower must sign a note and a mortgage.That would be a secured loan and the property is called collateral.In the case of real estate, the borrower must sign a note and a mortgage.That would be a secured loan and the property is called collateral.In the case of real estate, the borrower must sign a note and a mortgage.
Where can one obtain a home improvement loan?
Someone looking to get a loan for a home improvement might go and speak to a bank's financial advisor to obtain a loan for the costs. First, one must calculate all costs before requesting a loan.
What information must you provide when applying for a home construction loan?
Information you must provide when applying for a home construction loan is monetary information about debts, assets, and personal income. After submitting information, you may or may not qualify for a home construction loan.
Can the executor pay the mortgage and sell house?
Yes but generally the executor must have the right to sell real estate granted in the will or must obtain a license to sell from the court. Some jurisdictions allow the executor to sell the real estate without obtaining the fore-mentioned authority.Yes but generally the executor must have the right to sell real estate granted in the will or must obtain a license to sell from the court. Some jurisdictions allow the executor to sell the real estate without obtaining the fore-mentioned authority.Yes but generally the executor must have the right to sell real estate granted in the will or must obtain a license to sell from the court. Some jurisdictions allow the executor to sell the real estate without obtaining the fore-mentioned authority.Yes but generally the executor must have the right to sell real estate granted in the will or must obtain a license to sell from the court. Some jurisdictions allow the executor to sell the real estate without obtaining the fore-mentioned authority.
How can you remove a lien if plaintiff is deceased?
You must obtain a release from the plaintiff's estate.You must obtain a release from the plaintiff's estate.You must obtain a release from the plaintiff's estate.You must obtain a release from the plaintiff's estate.
Do you have to pay for loan if parent died with no insurance on loan?
The estate must resolve the loan.
Can you get a loan if you are under 18?
No, you must be 18 or over, or you must be emancipated in order to obtain a loan.
Where can you find Estate Administration and Probate of the Estate forms?
You must obtain the forms from the court where the probate will be filed.You must obtain the forms from the court where the probate will be filed.You must obtain the forms from the court where the probate will be filed.You must obtain the forms from the court where the probate will be filed.
What is the minimum age to obtain a car loan in California?
You must be 18 to sign a legal contract, i.e., to obtain a loan.
How good does your credit need to be for a car loan?
Nothing is published on what credit score you must have to obtain a car loan. There is information about having a high score means getting a better rate on your car loan.
The person is seeking information on a VA Loan and how to obtain one.?
To qualify for a VA loan you must have a certificate of eligibility. When you apply for your loan at a lender you will then need to give them your certificate of eligibility along with your discharge papers. Once the application gets approval you will then receive your loan.
What is it called when property is pledged to assure repayment of a loan?
That would be a secured loan and the property is called collateral.In the case of real estate, the borrower must sign a note and a mortgage.That would be a secured loan and the property is called collateral.In the case of real estate, the borrower must sign a note and a mortgage.That would be a secured loan and the property is called collateral.In the case of real estate, the borrower must sign a note and a mortgage.That would be a secured loan and the property is called collateral.In the case of real estate, the borrower must sign a note and a mortgage.
What happens to a loan on a car when the loan holder dies and there is no cosigner or insurance on the loan?
The loan must be paid out of the estate (sell of home, life insurance policy, etc...) Otherwise, the estate will be held up in litigation and will not be closed or the beneficiaries will be forced to pay the loan.
Is a remainderman of a life estate entitled to receive the will in which he is named?
An estate that has real estate must be probated in order for title to pass legally. Once the will has been filed for probate it becomes a public record and you can visit the court and obtain a copy.An estate that has real estate must be probated in order for title to pass legally. Once the will has been filed for probate it becomes a public record and you can visit the court and obtain a copy.An estate that has real estate must be probated in order for title to pass legally. Once the will has been filed for probate it becomes a public record and you can visit the court and obtain a copy.An estate that has real estate must be probated in order for title to pass legally. Once the will has been filed for probate it becomes a public record and you can visit the court and obtain a copy.
What information must you provide when applying for a home construction loan?
Information you must provide when applying for a home construction loan is monetary information about debts, assets, and personal income. After submitting information, you may or may not qualify for a home construction loan.
Where can one obtain a home improvement loan?
Someone looking to get a loan for a home improvement might go and speak to a bank's financial advisor to obtain a loan for the costs. First, one must calculate all costs before requesting a loan.
