Loan, Mortgage, Credit Forums and Payday Loans Resource

James buys a house for ,000. He puts ,000 down and then finances the rest at 9% interest compounded monthly for 25 years a) Find his monthly payment b) Find the total amount he pays for the house c) Find the total amount of interest he pays d) Find the amount he still owes after [...]

I have gotten my three credit reports and i took a home buyer education class so where do i go from here

Hi, does anybody know if banks will give a loan on a house that has no septic system installed? I have the money to install it even after putting in the down payment, closing costs, etc. I was just wondering if this would be a major difficulty in securing the loan. Thanks to anyone who [...]

My husband and I are interested in buying a mobile home on a fixed foundation, but every bank we’ve talked to said we cannot get a fixed rate, but an adjustable rate mortgage. Is there any other options so that we can get a fixed rate? Is there specific lenders that do this type of [...]

Is it easier to determine how much you will need for retirement more so than determining how much is needed to finance the purchase of a home? Which is harder to figure out?

Right before the economy tanked, we purchased a home via owner financing and contract was up last October. Since the house is not worth the originally purchased price the owner decided to convert the house to rental. What happens to the down payment we gave of 5,000?

I am looking to find a lender that does financing for trailers/ mobile homes. Many of the lenders we contacted do not finance trailers because it is similar to purchasing a vehicle. My client is looking to get financing for about ,000 and he has average credit. He was pre-qualified to purchase a home, but [...]

I own a peice of properity that was given to me by a relative worth roughly ,000.00. I also owe about the same amount on some credit card charges. If I build a house on that properity is there any way to borrow enough to pay the cards off at the same time. I guess [...]

My credit score is 529, and I would like to purchase a home. Will I be able to get a loan with this kind of score?