can i get a first time home owners loan. i bought a trailer but it shows up as a secured loan?
i bought a new trailer in 1996, it shows up on my credit report as a secured loan, not a real estate loan on my credit report. also it is in a park. can i get a first time home owners loan?- Yes, because a trailer is led like a car. Unless you own land, you are a first - time homebuyer
- Technically, a mobile home in a rental park is personal property not real estate. A car loan is a secured loan as well, but they will not hold that against you. The FHA doesn't care anyway and in the current market, the FHA is looking like the best option for maximum loan to value without risking a last minute declining market determination which could cut the loan to value by 5% requiring a larger down payment. Let me know you would like me to help you with your purchase
- A secured loan is not a mortgage. You have never owned a home, so yes, you can still get a first time loan. However, they're not all that great most of the time. do not get stuck in that idea and miss a better deal elsewhere
- I believe you can. Your *home* is probably not converted to real property yet so therefore considered a secured loan. Try calling a Realtor and checking out the many programs that the Government has to offer for first - time homeowners. The USDA has a great one. FHA, VA etc. There are many depending on where you live. Good luck too
- I do not see y not. you can at least try the worst they can do is say no
Knowledge Base
If take out a debt consolidation loan secured through your home will that affect if we try to refinance mortg?
needing to consolidate credit card debt. but would like to in future refinance home soon. will it cause a problem with refinance if secure with home?. you will have to finance everything into one loan and then go back and reopen a line of equity credit. of course. it is (secured home loan)
where can i secure a quick loan with low interest rate?
to pay off another loan. rob a bank. there are 2 types of personal loans ? secured personal loans and unsecured personal loans. secured personal loans require you to pledge any of your ets like you house to the lender as collateral. many people choose this type of loan due (secured home loan)
What is a secured home equity loan?
the secured home equity loans allow you to borrow a large amount of money based on the equity in your home. it is called secure, because the amount you will borrow is secured through your property - your home. your home will serve as the collateral, resulting to the confidence (secured loan uk)
Knowledge Base: Secured Loans
Secured Business Loan - Registered Charge UK?
hi, a friend took out a secured loan for £10k and a registered charge was placed on her house £5k outstanding. then a few years later with the same lender they took out another unsecured debt overdraft currently @ 20k and we would like to know what relation the original (secured loan rate)
where can i get a cheap secured loans?
i want to start a business which i will need up to like $50, 000. i need some places where i can get a quick and cheap secured loans in united states. secured by what?. do you need a loan or funding for any reason such as a personal loan, (secured personal loan)
What does the question "is the mortgage or home loan secured on your home" mean?
this is a question on a form i am filling in and i do not understand the question. is the property pledged as support for the loan; can the lender foreclose on the property if you do not make the payments. 99. 9% yes. if you do not keep up (secured home loan)
Need to sell home with secured loan on it?
we urgently need to move to a bigger property as we are currently living in a 2 bedroom house and have just had our second child. we are basically being told that we are stuck here as we have a secured loan on the property that would need to be (bad credit secured loan)
3. 5 interest rate on a secured loan! ?
i just got approved for a secured loan from nasafcu, i am getting the loan against my cd account. the only reason im getting the loan is too pay it back and establish credit i currently have none. do you think this is too much of an interest rate? the (secured home loan)
Knowledge Base: Secured Home Loan
What does the question "is the mortgage or home loan secured on your home" mean?
this is a question on a form i am filling in and i do not understand the question. it means: do you have any secured loans? in laymens terms: if you fail to pay us our money, and anyone else, and we have to repossess your house, how much are (secured home loan)
Need to sell home with secured loan on it?
we urgently need to move to a bigger property as we are currently living in a 2 bedroom house and have just had our second child. we are basically being told that we are stuck here as we have a secured loan on the property that would need to be (secured home loan)
What is a secured home equity loan?
the secured home equity loans allow you to borrow a large amount of money based on the equity in your home. it is called secure, because the amount you will borrow is secured through your property - your home. your home will serve as the collateral, resulting to the confidence (secured home loan)
Taxes on home sold with existing non - secured loan question?
if i purchased a home for example $200, 000 with a non - secured loan strictly based on paperwork and credit, but no lien on the house and i sold the house for $200, 000, would i have to pay taxes on that money since there were no capital gains?. (secured home loan)
Has anyone secured a home loan after bankruptcy? Mine was discharged about 2 yrs ago & I wish to buy a home. ?
my bankruptcy was discharged about 2 years ago and i have been doing well since. i do not have any delinquent payments or lines of credit. i did get a vehicle lease with my father as the co - signer. i am employed full time as a store manager and (secured home loan)
