Low Rate homeowner loan

Jul
18

Is this Mortgage Fraud?

Posted by: | Comments (8)
mortgage fraud

A friend of mine is married but has not seen her husband in 4 years. He now lives in another county with his girlfriend. She just found out that he signed on a Mortgage with his girlfriend as a “Single Man” and on the Quit Claim Deed as an “Unmarried Man”. She has been asking for a divorce for 3 years now and just found this out. Does anyone know the recourse of this and because she lives in a “Community Property” state, is she entitled to either money or some of this property. I know she needs to see an attorney for a consultation. She just needs to know where to start and was it fraud on the Mortgage. I am sure the Mortgage Company does not know that he is still married and put down that he is unmarried and single. Please help!
If she doesn’t need an atty, then what does she do?
Packinrat… It is COUNTY NOT COUNTRY. thank you
O.K., seeing how this might NOT be Mortgage fraud, I know she may be responsible if he defaults. He lied saying he was single to get on the Mortgage. He probably thought she would never find out about this. Now, she is a nervous wreck and wants the divorce more than ever. She cannot afford an atty. What can she tell him in regards to what he did that was illegal?

Passive Income
Categories : homeowner loan
Comments (8)
homeowner loan

My sister has her mortgage with Bank of America. She swears she pays $40 a month for homeowners insurance – seperate from the mortgage check. I guess she sends State Farm a payment every month.
Have you ever heard of a mortgage where your payment is NOT included and escrowed?
Edit : Mikey loves to learn things………Thanks.
Edit : Mikey loves to learn things………Thanks.

Repossession
Categories : homeowner loan
Comments (9)
homeowner loan

Risk- most of us very reluctant to take it, as it put us in danger. Same thing happens at the time of taking loans, especially when we have to borrow money against our home. The fear-factor works here is that collateral repossession. But, with unsecured homeowner loans, you can borrow money without keeping your home at risk. Unsecured homeowner loans are providing you the facility to borrow money against no security.

Unlike secured homeowner loans, no collateral is required to borrow unsecured homeowner loans. In this case, lenders will not ask you to use your house as security for getting loans. But, before giving an unsecured homeowner loan, the lender will verify your credit history. He may take help of credit rating agencies. Even, the lender will also check your repayment capacity.

However, a lot of benefits are included with unsecured homeowner loans. Unsecured Homeowner loans are not only excluded from the risk of collateral repossession, besides the approval process of these loans is comparatively faster. You can use unsecured homeowner loans for different purposes, like, Home improvement, Education, debt consolidation and so on. Even, unsecured homeowner loans are provided with easy repayment option and flexible repayment period, ranging from 5-10 years.

No collateral is required against unsecured homeowner loans. Thus, the element of risk for lender is far greater. And for that, generally they charge high rate of interest. With unsecured homeowner loans, you can borrow loan amount ranging from £500 to £25,000. Though, this range can exceed but it depends on your repayment ability.

Unsecured homeowner loans are also available for those people who have bad credit history. With the advent of more and more organizations, people with bad credit history like CCJ, arrears, default, bankrupts can apply for unsecured homeowner loans.

But, the process to find an unsecured homeowner loans is not that easy as it sounds, since no collateral is necessitated for getting these loans. Nonetheless, online search will make your job easier. For online unsecured homeowner loans, you just need to fill up an application form with your financial requirements and personal details. After that the lenders will revert back to you with a loan decision.

And last but not the least, comparison of various loans quotes will assure you to get the best deal.

With unsecured homeowner loans, a homeowner can borrow money without any security. It is an excellent option for those, who do not want to risk their homes by placing them as security. The time taken for processing unsecured homeowner loans is much lesser, because the phase for evaluation of collateral is completely eliminated. In a financial crisis, when you want to borrow money without using your home as collateral, then unsecured homeowner loans are the best alternative for you.



Repossession
Categories : homeowner loan
Comments (0)
homeowner loan

Owning a home means not only a great pleasure, but also it adds safety into your life. And, your home is not only capable of saving you from natural odds, but also it gives you safety from financial crunches. There are Secured Homeowner Loan to get you off the hook of a good many odds which are essentially financial in nature.

Secured homeowner loans are the loans where people having property to pledge for the loans are really lucky enough. The collateral pledged here allows you to have the loans at cheap rates since it is the collateral which serves as the safeguard of the lender’s money. He remains satisfied that the money will be paid back on time and that makes the secured homeowner loans larger than life, with cheap rates and easy returns.

Secured homeowner loans, are, however advanced for a period of 5 years to 30 years and the amount advanced is also a whopping one. It ranges from £ 3000 to £ 25000. Here, the amounts mostly depend on the collateral value and if you have got a fair credit track, you may get around 125% worth the collateral value. However, secured homeowner loans are given to the bad credit holders too, only with a moderate variation in the interest rates.

Yet, the interest rates in secured homeowner loans do not go that high in any case because of the online processing involved. Most of the lenders remain flocked across the web and this allows the borrowers to choose the best deal easily out of a large number of options.

Secured homeowner loans are available, almost for every personal need, ranging from debt consolidation to holiday jaunts. So, it won’t be wrong, perhaps, to say that they are really worth to be tagged as secured.



Sell House Quick
Categories : homeowner loan
Comments (0)
homeowner loan

Online homeowner loans: introduction

Online homeowner loans are specially designed for homeowners. Online homeowner’s loans are basically secured loans. To avail online homeowner loans you need to place your home as collateral against the loan amount. With online homeowner loans you can avail an amount ranging from £3000 to £75000. If you want to avail an amount grater than £75000 you will have to place collateral of high equity. With online homeowner loans you can choose a flexible repayment duration that ranges from 5-25 years. If you want to pay smaller monthly installments you should choose longer duration for repayment of loan. Lenders offer online homeowner loans at low interest rate. This is because lenders have the security of their money in the form of collateral. Online homeowner loans can also be availed by bad creditors. Bad credit borrowers can also avail all the benefits of online homeowner loans.

Online homeowner loans: application

Applying for online homeowner loans is very easy. All you need to do is fill up an online application form and provide certain details like your current address, contact number, email address and the type of loan you want to avail. Lenders will then get back to you with their offers. You can also use internet to search for various banks, financial institutions and lending firms that offer online homeowner loans. You can visit their websites and get free loan quotes. You can then compare between offers of various lenders and choose the one that offers online homeowner loans at competitive interest rate. Online method is very fast reliable, consumes less time and requires les paper work.

Online homeowner loans: advantages

Online homeowner loans are secured loans and can be availed by people who own a home. You can avail good amount of money with online homeowner loans and that too very easily. Online homeowner loans carry low interest rate because of the collateral involved. Also borrower can choose from flexible repayment duration that ranges from 5-25 year. A longer duration for repayment ensures smaller monthly installments but you may end up paying more money to the lender because you have to pay the interest for longer duration. Online homeowner loans can also be availed by people suffering from bad credit status due to arrears, defaults, CCJ, IVA, late payment etc. Online homeowner loans can be availed very easily by filling up an online application form. This way you need to visit lenders personally. Online method is fast and hassle free. With online homeowner loans you can avail good amount of money very easily and in short period of time



Sell House Quick
Categories : homeowner loan
Comments (0)
mortgage fraud

mortgage fraud, its long term effects in the sub-prime markets and the subsequent prosecutions

Rent Back
Categories : homeowner loan
Comments (2)
Jun
27

Homeowner Loans – Too Many Benefits

Posted by: | Comments (0)
homeowner loan

Many a times it happens that you need money but are not able to procure it from the market. Your bad credit history may be one of the main reasons. If you have been ever adjudged bankrupt, it might be the other reason. Lenders do not like to take risks unless they feel that their money is relatively safe. There are sub-prime lenders who specially deal with people having low credit score but these lenders ask for high interest rates.

As a homeowner, you are a privileged one. Generally, a lender does not refuses loan to homeowner. A good credit history only makes the borrower’s position more privileged as he can easily negotiate with the lender over the terms and conditions attached to a loan. Some lenders who provide homeowner loans do not provide for a early repayment penalty, making it convenient for the borrower to repay in advance without any penalty. Similarly, many other benefits may accrue to you if you have good credit history and are ready to provide your home as a security.

The eligibility criteria for getting secured homeowner loans UK is very simple. You just need to be a UK resident above 18 years of age, besides being a homeowner willing to offer your home as security.

Locating good Homeowner Loans

It becomes difficult when you have several loan options available in the market. The problem in the UK loan market is not one of scarcity of loans but plenty of loan options. The question arises how you will locate a good and competitive loan offer. Well, go to loan comparison websites and check the comparative tables revealing different APRs offered by different lenders. Apply with few select ones and get exact loan quotes. Compare the loan quotes and opt for a homeowner loan that has lowest APR.

Make repayments in time

Homeowner loans UK contain an element of risk in the form of repossession threat. If you fail to repay the loan amount, the lender may repossess your home. So, do not fail to make repayments on time as this could make you lose your most cherished possession.



Repossession
Categories : homeowner loan
Comments (0)
homeowner loan

I made the mistake of using a friend that was new in the biz as my mortgage broker on my new home. He is with a small operation. Well, I am suppost to close on June 5th and he said they can’t do it! I have to call around tomorrow to find a new mortgage broker, but will they be able to close this fast??? Tomorrow will be Thursday, May 24th!
Hey, this is in Missouri. Send me an email if you think you might be able to help me. Thanks

Sell House Quick
Categories : homeowner loan
Comments (11)
homeowner loan

I recently applied for homeowners’ assistance with my mortgagor, and am currently in the foreclosure process. I’m not sure if I’m going to get the loan mod or not. What do banks look for when a homeowner applies for loan modification? I realize that lender practices vary; I’m just looking for general guidelines, because I don’t want to lose my home.

Quick House Sale
Categories : homeowner loan
Comments (3)
Jun
12

mortgage fraud?

Posted by: | Comments (6)
mortgage fraud

i have recently obtained a house by fixing my income to be eligible for the mortgage.
i am in the middle of a courtcase which is up to the point i left my partner.can they investigate my affairs since i left him or would that be my buisness.

please proper advice, i needed the house so me and my daughter could have a roof over our head, as he kept all.
the mortgage is in my sole name… this is why i had to doctor my income.
I bought it after we split, as he kept all 5 houses.

Rent Back

Categories : homeowner loan
Comments (6)

Pages