Low Rate homeowner loan

mortgage fraud

This person is an acquaintance so I don’t want to put any strain on my relationship with this person, so I need to do this in an “innocent” way so they don’t realize that I know what he is trying to get me to do. He probably thinks I’m kinda dumb like some of his other friends.
Is there anything I could say in an innocent way (as if I didn’t really know and understand the issue) to make him freak out really bad so he won’t try to pull this kind of crap on people ever again? he’s basically trying to do 2 things: get me to commit mortgage fraud with him and at the same time trying to sell me a property for at least 50K more than it’s worth while he says he is trying to “help” me.

Sell House Quick
Categories : homeowner loan
Comments (9)
Sep
17

senior looking for a home loan?

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homeowner loan

i have a 70 yr old mom on a fixed income can she get a first time homeowners loan for 20,000 ? where should she look for best deal?

Rent Back Fast
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Comments (1)
homeowner loan

Do not worry if your loan application has been rejected due to bad credit. It is quite possible that you may have a good income and a fair repayment capacity but still the lenders are rejecting your loan application just because you once defaulted in repayments.

Once a bad credit is highlighted in your credit history, it becomes difficult for you to get a loan. High street lenders are very strict on this count. However, the situation may change completely if you are taking out a loan against your home. In that situation, lenders generally ignore an occasional history of default in repayments. You can also approach lenders in the sub-prime market who deal with bad credit cases.

Loans that have the backing of your home are called secured homeowner loans. In this case, your home stands as a security and, in any event of non-repayment, the lender can repossess your home. Once you enter into an agreement with lender for secured homeowner loan, it signifies that you have given your consent for your home to be repossessed in case of default in repayment. So, you have to be little careful not to miss any repayment due on the loan. When you have a bad credit history and lenders are rejecting your applications, secured homeowner loans can make your task easier.

There are many lenders who can provide you Homeowner Loans They may be High street banks, building societies, private loan providers, online loan providers, specialist loan providers, sub-prime lenders, etc. If you feel that your credit score does not reflect your correct financial status, you can check out with that credit reference agency. You can inform the agency about the discrepancy regarding the loan transaction recorded in your credit history. It might have been a result of an inadvertent mistake. So, corrections are always possible.



Sell and Rent Back
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homeowner loan

How many months of taxes and home owners insurance do I have to prepay on an impound account on a home loan? The bank is charging me 4 months of prepaid taxes and an additional 6 months of prepaid taxes and 2 months of prepaid homeowners insurance and 1 year prepaid of homeowners insurance. I will also be paying them in my monthly statement.

Rent Back
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Comments (7)
homeowner loan

home a day before, or the day of the auction? Would that then get passed on to the highest bidder, who was oblivous to the fact? Or must all leins/loans be recorded a certain amount of time prior?

Repossession
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Comments (4)
homeowner loan

Lenders have different kinds of loan plans that suit the varying circumstances of the customers. Tenants opt for those loans that do not require any security. In case of homeowners, they have an option to pledge their homes and get cheap loans.

Your credit history also means a lot to the lenders. If you have a bad credit history, lenders would not be inclined to give you loans at cheap rates. Some concessions can be given to you if you are a homeowner. Tenants should never expect low rate loans if they have a low credit score. Your credit score enables a lender to judge your creditworthiness. This is the only way available to him to know about your precedents in the financial market.

Generally, secured homeowner loans involve a low rate of interest. These loans are a profitable option for the homeowners for the following reasons:

Cost efficient funds

Extended repayment term

Wide and easy availability in the market

A loan amount that extends up to £250,000

Fixed or variable rates

Once you are ready to give security to the lender (mostly your home), the loan process becomes very easy. Lenders take it as a positive and trustworthy sign. Even if you have a bad credit score, lenders may be willing to give you homeowner loans at competitive rates.

In case of secured homeowner loans, the repayment terms are comparatively easier. Many lenders provide you an option to choose between fixed rate interest, variable rate interest and ‘Interest Only’ method of repayment. So, you can decide it according to your individual circumstances and preference. Sometimes lenders attach conditions like early repayment penalty that raises your cost of borrowing if you decide to repay your loan earlier than agreed. These fine prints in the loan agreement should be carefully read before you sign the agreement.



Real Estate Professionals
Categories : homeowner loan
Comments (0)
mortgage fraud

The title company was closed due to fraudulent transactions. What happened was the title company did not payoff the old mortgage. So, my friend now has 2 outstanding mortgages instead of one. The Insurer of the title company said they have limited access to the title company’s files thus delaying the process. Meanwhile, my friend has submitted all the closing documents to the Insurer of the title company but still they did not honor that and they did not pay yet the old mortgage company. My friend now is paying 2 mortgages. Instead of expecting a lower monthly payments, he is now paying double the amount of his original mortgage monthly payments. Any help please?

Rent Back
Categories : homeowner loan
Comments (3)
Aug
13

Who do I contact about mortgage fraud?

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mortgage fraud

I have seen on the news they had a crack down on mortgage fraud. Who would I contact about it.

Quick House Sale
Categories : homeowner loan
Comments (4)
mortgage fraud

If so, what are the chance of going to jail and how long?
House in California and in foreclosure.

Rent Back
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Comments (1)
mortgage fraud

basically Team McCann lied when they insisted weeks ago that the fund WOULD NOT be used for personal expenses and living costs

I am having to re post it as it seems the Pro McCanns could not produce an adequate answer, so they turned to reporting it.

Passive Income

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Comments (26)

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