Archive for September, 2007
I purchased land in 2006 with a bank loan. What can be claimed on my tax return?
mwaynew57 asked: I paid a deposit of 500.00 and a down payment of 9,000.00 for a 24,000.00 parcel, The closing costs totalled 566.00. I have yet to receive an interest statement. I have made seven payments on the loan. I’m new at this and have always had a simpler situation.
Can you have a home equity loan and a home equity line of credit?
Donna S asked: My husband and I have two mortgages (an 80% and a 10%). Our banker uses the term for the “second mortgage” interchangeably with a “home equity loan”. Is it possible for us to take out a home equity line of credit at the same time we are paying the second mortgage?
What is better, home equity loan or line of credit on home I own outright?
aidal1135 asked: I just finished building my house and I have no mortgage or anything as I had enough cash to buy the land and build outright. But, I have no money left to landscape and have some medical bills I would like to pay off. Can I get a home equity loan [...]
How can I secure a business loan from a UK bank?
inocent asked: If a women wanted a loan of 8′5000 for business
A. Which is the best high strett bank
B. The most reasonable intrest rate
C. Can anyone offer any tips for securing the loan how would one convince the bank manager so to speak.
Should you use a different lending company when applying for a home equity loan?
stephanie s asked: We are going to apply for a home equity loan so we can put a pool in.Should we apply with our current mortgage company or someone new. Does it matter?
How, where or what to do to get a small business loan with poor and bad credit?
Jamarek asked: I want to open a liquor store business, but my credit is very poor and bad and I need a loan. What should I do? any helpful suggestions please.
Do you need good credit to take out a home equity loan? Will bad credit affect chances of being considered?
brandy2002 asked: My credit is poor but I have probably $80k in equity in my home. Will a bank refuse to approve a home equity loan because of bad credit?
Is it easy to get minority small business loan/grant to open the group home where credits etc are horrible?
KC asked: Credit scores are horrible. Really horrible. Eviction histories, repossession of the vehicle is on the credit report. no car. No personal phone/cell phone. No home. And is that easy to get the minority small business loan to open the group home for the youth? What is [...]
Can I maintain a bank loan for a vehicle that is destroyed w/ no insurance?
Trouble asked: Horribly enough, my husband attempted suicide in his truck and the truck burned up and he received horrible burns in the process. If that isn’t enough to deal w/ the police said that if we file an insurance claim for the 1.5 y/o truck that they will prosecute him for arson and [...]
What is a home equity loan and what is the process to applying/being accepted for one?
Phoenix asked: I paid roughly $90,000 for my home. It was a TLC home and I’ve fixed it up in the past 9 years dramatically. New roof, new walls, siding, porch, heating system, well etc. My home and property was valued at $275,000 last year. Does equity play a part in this. Am I eligable [...]