Equity Home Loans

Need home equity loan information? Wondering what my options are for getting a home loan to do some renovations?

Need Home Equity Loan Information - online vs banks? Wondering what the differences are between online home loan providers and banks - is it just that the interest rates are better at the bank?

What are the best sources of information on Prime equity home loans I am looking to refi my home mortgage and got a suggestion to check out home equity loan. Need help

given the following information .determine the maximum credit limit available on a home equity loan.? give the following information ,determine the maximum credit limit available on home equity loan. market value of home $120,000 maximum% of value 75% balance due on existing morgage 55,000

Home Equity Loan...How easy to get based on this information? I originally tried to get a regular mortgage and was denied....but the following happened... I bought a home (closed today!) for cash for $16,174.10...the home is actually assessed at $38,000. I need to get a home equity home to be able to get a furnace (the only thing it needs right now that is major according to the inspector.) Can I get a home equity loan for about $10,000 even if I was turned down before for a mortgage? (They turned me down cause my credit score was about 575 and my debt ratio was 42%.) My credit score would be a little higher and I would have no debt now cause I paid off my car loan and have no mortgage. Thanks! Dude, I don't have a FIRST loan. I paid cash for the house! (all the money I had left actually, that's why I am in need of a home equity loan now.)

How 2 solve for potential amount of credit available for home equity loan? Here is the problem: Ramon owns a home that was appraised for $132,600. The balance remaining on his existing mortgage is $43,260. Ramon's credit union is willing to loan an amount up to 70% of the appraised value of a home. Based on this information, what is the maximum potential amount of credit that's available to Ramon for a home equity loan?

Is it possible to refinance a home equity loan to be able to get a lower rate? Just wondering if anyone had any information about being able to refinance a home equity loan to receive a lower rate and if so, how to go about doing that.

Why is it that many loan companies wont provide home equity loans on property that are used for agriculture? One that comes to mind is quicken loans. Any information would be appriciated, thanks. The thing is, my home is included in my land that I use for cattle grazing.

How can I find my home equity loan statement online? I no longer receive a Home Equity Loan Statement by mail. How do I look up my information online? What do I look under?

Can my apprasial for a Home Equity loan also be used to get PMI off of my mortage? I am starting my own business and need start up cash. I bought my home last year for 209000, but it was way undervalued. Several smaller homes in my neighoorhood have sold for about 230000. The principal remaining on my loan is 205000. If I take out a home equity loan for 40K and can get my house appraised for 250K while reducing my principal to 200K I can eliminate PMI and roll that money (and then some) into the payment for my home equity loan. Will my mortgage company accept the home equity loans company's appraisal (it should be done by an outside company). Also, the reason I layed out so much information is because I am also fishing for any advice I can get on this situation. Thanks for any input at all!

My tax value on my home has increase. Should I refinance my first home and add the home equity loan? I left off the following information about my previous question. The first mortgage of $190,000 has a fixed rate of 5.375% and the home equity loan in the amount of $35,000 has a variable interest rate currently at 12.13%. Please see my earlier question for more details. Thanks so much for your help!!!! I want to pay my house off as fast as I can!

Home equity loan online? Can you get a home equity loan online? And if so what information do you need to submite and how long does it take to get the loan and how much can you apply for?

Appriasal for $132,600. Maximum credit available for home equity loan? Ramon owns a home that was appraised for $132,600. The balance remaining on his exsisting mortgage is $43,260. Ramons credit union is willing to loan an amount up to 70% of the appriasedd value of the home.Based on this information, what is the maximum potential credit thats available to Ramon for a home equity loan? A. $92,820 B. $89,340. C. $62,538. D. $49,560. I believe it is C. but i am not positive. thanks to everyone who helps out!

Home equity loan help please? Ok, so i owe roughly 100K on my home and it appraises at around 117K. I need to get roughly 10K, is that doable, i want to make improvements to my house. How do i go about doing this, or getting approved? I would say my fico score is around the low six's. what all cost would be involved with the loan? like appraisal, closing cost etc... and would that all just be deducted from the equity loan itself? Also, what all do they factor into giving you a loan? Are equity loans easy to get? I live in Ohio by the way. Any information is appreciated.

Unauthorized home equity loan by bank? A few weeks ago I received a letter from my bank thanking me for applying for a home equity loan... I about had a heart attack! My home is paid for and I thought my identity had been stolen. It appears that another person had filed for a lhome equity loan and the banks loan officer picked my name from a list (that popped up on their screen) as the guys wife. Not noting the different full name, different spouse name PLUS different addresses, the bank ran a credit check on me. When I called the bank they immediatly found the problem and canceled the whole home equity loan application. I love my bank and the people that work there... it is a small town bank, but I was told that running a credit check lowers my credit score. Is this true? and how can I make sure that my personal information and credit score remain safe?

can anyone answer this correctly?-equity loan math question? Ramon owns a home that was appraised for $132,600. The balance remaining on his existing mortgage is $43,260. Ramon's credit union is willing to loan an amount up to 70% of the appraised value of a home. Based on this information, what is the maximum potential amount of credit that's available to ramond for a home equity loan?

i need information concerning a loan does anyone know about different types of loans and requirements? I applied for a small equity loan and have been aproved for the equity loan on my home,i'm awaiting a cash out ,that ill get 4 days after closing,i dont have closing date but should today.i started a small buisness and dont have any credit history yet,and i get paid by check after each job is finished in full so i can't get a payday advance,and my buisness is at a stand still awaiting this cash out in masonry it takes money to make it gas for cement mixer and saws and transportation to and from job site and also to search for jobs etc...knowing my luck it'll be about 2 more weeks before i actually go to closing and im even out of basic nessesitys so is there any loans out there i may apply for&possably get aproved and recieve within a few days to tide me over untill i recieve the cash out?

UPDATE ! How to file an appeal? Judge ordered me to pay child support based on a 2 year old loan application.? Judge orderd me to pay $400/week in child support. I only make $350 right now. He based his decision on a 2 year old loan application which my earnings were misrepresented by the loan proccessor. He said If that was inaccurate I shouldnt have signed it. Do I have a case for appeal? My wife had previously filed for divorce about 3 years ago, but we had made up and she withdrew her motion at the time. Is this new case part of that old case or is it considered to be different? UPDATE! I DID NOT recognize the loan document I was presented with in court! and told them so! My copy of the loan application does not have false information on it! I did not sign or provide false information on that home equity loan.

UPDATE A. How to file an appeal? Judge ordered me to pay child support based on a 2 year old loan application? Judge orderd me to pay $400/week in child support. I only make $350 right now. He based his decision on a 2 year old loan application which my earnings were misrepresented by the loan proccessor. He said If that was inaccurate I shouldnt have signed it. Do I have a case for appeal? My wife had previously filed for divorce about 3 years ago, but we had made up and she withdrew her motion at the time. Is this new case part of that old case or is it considered to be different? UPDATE! I DID NOT recognize the loan document I was presented with in court! and told them so! My copy of the loan application does not have false information on it! I did not sign or provide false information on that home equity loan. UPDATE A I had no lawyer. My wife had a high priced attorny.

Ramon owns a home that is apraised for $132,600. The Balance remaining on his existing mortgage is $43,260,? Ramon's credit union is willing to loan an amount up to 70% of the appraised value of a home. Based on this information what is the maximum potential amount of credit that available to Ramon for a home equity loan A: $92,820 B:$89,340 C: 62,538 D: $49,560

how to opt-out of all unauthorized credit prescreening? My credit score is going burzurk! It's these unsolisited prescreenings. I entered information to "search" lenders for a home equity loan/credit line, now all of the enquiries lowered my score! Does anyone know how to opt-out of ALL prescreenings, for other offers too like credit cards. I have heard that there is a way and within thirty days your score should go back up maybe even 30 or more points.

Need info on a used houseboat loan including reputable lender and terms? Hi, I am trying to find out as much information as I can on a houseboat loan. A home equity loan is not an option so I would like to find out what kind of terms I could expect if I were to buy a used houseboat (under 10 years old). With a credit score in the high 600s, what kind of interest rate and loan length could I expect? How much down is required? Also, what are some of the bigger, more reputable names of lenders? Thank you!

Need to make a decision by tomorrow and already have home for sale? All loan information has been entered and they know what our loan amounts are. We do not have any equity in our home and will be selling at a loss. Need to take promotion but are trying to figure out this 2nd thing

bankruptcy question? I am on the title of the house with my mom, and my father is on the deed. they are claiming bankruptcy. the attonery is in the process of filing the papers with the court. They were allowed to keep the home and cars etc. and are allowed to re-fi when the bankruptcy is discharged, can i take out a home equity loan using my information and credit?

Can someone please help me cross check my answers?

Why does yahoo pirate its way into my companies domain name "aapexmrtg" to advertise its website "answer.yahoo I pay-for-click with yahoo, as if that is not enough, yahoo is using my domain search to advertise its websites, and aloud others to do so as well. Proof of keyword search, "aapexmrtg" and result is listed bellow. Yahoo! Answers - what is a REVERSE MORTGAGE and how does it work? ... Aapex Mortgage - No money down... www.aapexmrtg.com ...answers.yahoo.com/question/?qid=1006060124154 - 32k - Cached - More from this site - Save Find Today's Rates on Mortgages, Refinance Loans, Home Equity Loans, and Mortgage Calculators on Yahoo! Real Estate ... No money down and 100% financing for first and second homes. www.aapexmrtg.com. Mortgage Loans Information Center ...realestate.yahoo.com/loans/?sc=va&full=Virginia - 28k - Cached - More from this site - Save Yahoo! Answers - is rajarhat in calcutta a good place to invest in property ? ... Aapex Mortgage - No money down... www.aapexmrtg.com ...answers.yahoo.com/question/?qid=1006050601108 - 28k - Cached - More from this site -

Does anyone know where you can get a loan of 25000 dollars to fix a house without hassle?? we have tried 2 mortgage companies to get home equity and in both places we talked to two different people and the information for the loan was completely different. We are looking for a loan where the people know what the hell is going on, and that is here to help and not try to pull the wool over your eyes.

Question about searching in search engines? My question is related to searching in search engines I need to copy paste website addresses by searching in google suppose I search mortgages in google The results are # Mortgage - Wikipedia, the free encyclopedia For loans secured by mortgages, such as residential housing loans, and lending practices or requirements, see Mortgage loan. ... en.wikipedia.org/wiki/Mortgage - 65k - Cached - Similar pages # Mortgage loan - Wikipedia, the free encyclopedia A mortgage loan is a loan secured by real property through the use of a mortgage (a legal instrument). However, the word mortgage alone, in everyday usage, ... en.wikipedia.org/wiki/Mortgage_loan - 108k - Cached - Similar pages More results from en.wikipedia.org » # Nationwide Building Society - Mortgages Additional mortgage borrowing paid to you as one lump sum. Flexible advance. Additional mortgage borrowing that allows you to draw on the money as and when ... www.nationwide.co.uk/mortgage/default.htm - 17k - Cached - Similar pages # Mortgages | compare thousands of mortgage and remortgage rates and ... Compare thousands of UK mortgage and remortgage rates and deals, including mortgages from high street and specialist lenders. Help and advice available... www.moneysupermarket.com/mortgages/ - 231k - Cached - Similar pages # Mortgage advice & news - compare mortgages & mortgage rates in the ... Mortgages & mortgage news - compare mortgages & get expert advice from brokers tailored to your needs. Use our free mortgage calculators or find out how ... www.yourmortgage.co.uk/ - 65k - Cached - Similar pages # Mortgages, Home Equity Loans, Refinance, Rates, Mortgage ... Provides information about mortgages, mortgage rates, home refinancing, home equity loans and many other mortgage related topics. Try our free mortgage ... www.mortgage.com/ - 33k - Cached - Similar pages # Loans | Car Loans, Secured Loans, Homeowner Loans & Personal Loans Mortgages with a range of over 4000 products. This includes products for First time buyers & re-mortgages. Enter Mortgages · Life Insurance ... www.rainbowgrp.co.uk/ - 16k - Cached - Similar pages # Mortgage | LII / Legal Information Institute A mortgage involves the transfer of an interest in land as security for a loan or other obligation. It is the most common method of financing real estate ... topics.law.cornell.edu/wex/mortgage - 16k - Cached - Similar pages Instead of this is there a way to make serach results appear in listed form with only website addresses like this so I can copy paste ? en.wikipedia.org/wiki/Mortgage en.wikipedia.org/wiki/Mortgage_loan www.nationwide.co.uk/mortgage/default.htm www.moneysupermarket.com/mortgages www.yourmortgage.co.uk www.mortgage.com www.rainbowgrp.co.uk anybody can help /?

Gift of equity home purchase from Father to Son.... options? Hello. I am seeking clarification of my options in a gift of equity home purchase situation. I realize I need to discuss these details with my CPA, but I'm looking for some more detailed information from the real-estate point of view. - My father's home is worth $289,000. - He wanted to "gift" me $174,000 - Is there anyway I can buy the home without losing any equity? Is there a difference if sells me the home for $115,000 or if he sells it to me for $289,000 (and I use the $174,000 gift as a down payment)? I beleive my loan officer told me that there is a difference, but either way, I'd be borrowing $115,000. Can anybody please clear up this situation? I heard that one option would require no money down on my part, where the other would require 5% cash (which is no problem). Any information is appriciated. If you could, please also answer this: - Is there a way I can maintain the difference in equity on the home ($174,000)? My accountant says there is a way... but I'm confused by the whole situation right now. - Am I correct in assuming: Purchase price: $289,000 Earnest Money deposit: $174,000 (gift amnt) Total Amount finance: $115,000 Total: earnest + amount financed + loan assumption + cash balance at closing

I need informations about equity line of? I am flat broke at the moment and have a home that costs about 50K...Is there anyway..I could mortgage it or Possibly put them up for some kindda equityy...Using it as an equity line of credit....I mean..Could anyone tell me about an Equity line of credit..Could be useful. I know absolutely nothing about it. I need informations lie how I could apply for a loan with my home.. Answers and ideas will be appreciated.

Bankruptcy in Arkansas? I live in Arkansas and have recently lost my job and my husband and I are getting divorced. We have 1 child. We have a very large credit card debt load (30,000.00) that is all in my name. Our home is in both our names and we have a 29,000.00 home equity loan that we got back in Sept 06 so we do not have any equity left in our house. We are trying to sell the house right now but I am not sure if it will sell to pay off the mortgage and home equity loan. I am considering bankruptcy and talked with an attorney through a free consultation and I would qualify for Chapter 7 where it would wipe all my debt away. I know this is the worst thing I can do for my credit but it may be my only option. I do not want it to affect my husband's (soon to be ex) credit so that he will be able to get things in case our son needs something. Would it affect him with his name being on the house or could I even file bankruptcy on the house too? Any information would be greatly apprecitated.

Information about home forclosure???? In 2006 my husbands workers comp injury was finally over leaving us completely broke. We had cashed our all our retirements, sold all but one of our vehicles (which was paid off) so we filed for bankruptcy. We were only 2 months behind on our mortgage but we had a bunch of stupid $200-$500 credit cards maybe like 6 anyways that was the biggest reason why we filed because they were slapping $36 late fees then $39 over the limit fees on them every month. Anyways we thought we were doing great in the BK until Dec 06 when my husband shattered his hip and then we had another 2 months of payments slapped on. Then we continued to make payments now our mortgage since Oct of 06 has been at an adjustable rate bringing our payments up to $2750 per month of which only $2000 per month was being paid threw bk court. Now in Aug of 07 husband lost job so we filed again. Now our mortgage company says we owe $32K in back payments. This basically maxes out our equity. They wanted us to do a loan mod This loan mod would add the 32K to our principle and drop our payment to 2k per month but do we really want to keep the house with so many rentals on the market right now. Not to mention if we let them forclose we owe nothing & don't have to finish any of the unfinished projects. We have good employement now but they have increase our principle/payment so much I don't know if we will ever be able to finish all these projects started. Question: In ca how long can you stay in your home once forclosure starts? Also why would the mortgage company lower money owed for someone to buy the home and not to us so we can afford to stay in the home and finish fixing it up? If they would just let the past due go, do the loan modification for our principle of 251K instead of slapping the additional 32K on the end and put it at the fixed 8% like they want to do we could get back on the right track. It is all intrest it isn't cash out of there pocket! I figured if we just let them forclose we would walk away with close to 30K in our pocket if we stayed in the home for 6 -7 months. We are currently paying $2800 to the courts for them to make our house payment.

New Business Info - Loan, etc? I'm thinking about buying an existing restaurant. Its not large but the right size for a first business. The cost is about $200k. However, where can I start looking for general information for loans, help, etc. We have equity in my home but was wondering other ways to finance. I hear about goverment loans and sba but not real sure if they work on existing businesses. Any valid feedback would be great. Both my husband and I work in the corporate world and have always wanted to own a restaurant. I know it takes more than just wanting it to work so we will begin looking at business plans and other info to make this work if we buy it.

Will we be able to refinance our home ? We bought our home in Riverside Ca. in 11/05 - we have a 5 years interest only loan - we have 3 years left on that loan. We can refinance at the 5 year point - but with the market the way it's going everyone is telling us our home won't have the equity it'll need to have in order to refinance. Does anyone have any information on refinancing and how this would work?

consolidating loans credit cards/refinancing home? I found out a couple of weeks ago that we had two mortgages on my house, something called 80/20. We were having a hard time paying some credit cards so i'm thinking of consolidating them and refinancing my home through wells fargo, I understand about refinancing but their telling us the equity on the home will help pay those credit cards. Can anyone give me more information about this, is this a right way to go? or is their a catch to it?

How do I determine if there is any equity? Here's the info I have. Can you tell me how much equity there is if any? The original loan to value was 98.31% and is now 98.02%. As a new note it was for $290,000-. The monthly payment is $2,117.92. As of 5-01-08 the remaining balance was $289,151.34. Do I need more information? I'm in a legal dispute with my ex husband and I can't really afford an attorney. If there is a reasonable amount of equity in the home then I will fork out the $ to get a lawyer but I want to know if there is any equity first?

First time home buyer, can you offer sound advice? OK Without revealing too much personal information i will say right now my wife and I are living paycheck to paycheck. We have debt in credit cards over 15k but under 20k. I have a college loan in repayment, paying for 1 new car, and rent is very high. We have never missed a payment on anything and my credit rating (and hers) is stellar. We live well and make a very respectable wage. Now if we were to consider buying a house right now we would have very little to put down however the way the market is our mortgage would be less than our rent so saving money there. To add to that the market will increase (eventually) giving us ridiculous equity on whatever home we buy. Option two is a three year plan. We move out when the lease is up in march and downgrade to another apartment for near 1/2 to 2/3 of what we are paying now, and in three years be credit debt free and have over 10k for downpayment. Monitarily either situation is feasible but which one is better? I would like to hear from people with experience in the matter or experience with home buying. If you do not have this experience i would prefer you keep your comments to yourself. Thank you Estielmo: I am not sure why you are angry but you may want to speak to a therapist - furthermore there is a fine line between happiness and flat out being cheap. You are far too in the cheap for me however your advice is certainly sound and weill informed for people who are in far more deperate times than myself. As I said I am paycheck to paycheck but not in any risk of missing payments or otherwise.

Advise on managing down payment for new house? I am looking for advising on how to make down payment for new house. New house is worth around $1.35m and I will need to generate around 350k so that I can take loan of $1m( to get better rates). Options: 1. Take money from my bank accounts, investment accounts. 2. Take money from existing house where I have equity of around $400k. 3. do a hybrid i.e some money from bank accounts like 100k and rest as home equity line of credit. Additional information : 1. Plan to sell my existing house immediately ( have around 250k remaining loan) 2. Have another condo investment that is negative case flow but it is in partnership with somebody else ( liability around 240k) on that. 3. Income level is around mid 200k Can you please advice : 1. what is best model in this scenario ? 2. Which option should be best ? 3. Should I consider taking money from my 401k account ?

Obama and Jim Johnson relationship does it conflict with Obama rhetoric ? James Johnson, one of three people tapped by Mr. Obama recently to oversee the search for his running mate, took at least five real estate loans totaling more than $7 million from Countrywide Financial Corp. through an informal program for friends of the company's CEO, Angelo Mozilo, the Wall Street Journal reported Saturday. The Journal said at least two of the mortgages, among a series of loans made available to people Countrywide officials called "friends of Angelo," were at rates below market averages, though it is difficult to predict a market rate without access to nonpublic information about a borrower's credit history and other factors that can reduce interest charges on a loan. Among the loans to Mr. Johnson, according to the Journal, were a $5 million home equity line of credit against a house in Ketchum, Idaho, a 5.25% loan of $1.3 million for a home in Palm Desert, Calif., and a 3.875% loan of $971,650 for a home in Washington, D.C. The interest rates applied for the first five years of the loans. "That reeks most high," a public relations specialist and vocal critic of Mr. Mozilo, Bonnie Russell of Del Mar, Calif., said. "Where's the 'change to believe in' if they're playing the same old game using the same old players?" On the campaign trail, Mr. Obama has criticized Countrywide's executives. "These are the people who are responsible for infecting the economy and helping to create a home foreclosure crisis. Two million people may end up losing their homes," Mr. Obama said in March at a town hall meeting in Lancaster, Pa. The Chicago Tribune reported that the senator from Illinois "fumed" over a total of $19 million in bonuses set to be paid to Mr. Mozilo and the president of Countrywide, David Sambol. "They get a $19 million bonus while people are at risk of losing their home. What's wrong with this picture?" Mr. Obama asked. In a written statement issued in March, the senator called the payments "an outrage" and suggested Mr. Mozilo and others had "tricked" homeowners into unaffordable loans. "These executives crossed the line to boost their bottom line," Mr. Obama declared. A spokesman for the Republican National Committee, Danny Diaz, yesterday called the loans to Mr. Johnson "highly questionable" and said they conflicted with Mr. Obama's public comments. "Barack Obama needs to immediately address this matter; otherwise, his rhetoric will continue to prove to be nothing more than complete hypocrisy," Mr. Diaz said. Aides to Mr. Obama had no immediate response yesterday afternoon to a request for comment for this article. An attorney for Mr. Johnson, Brian Brooks, did not respond to e-mail and telephone messages seeking comment yesterday. However, in a statement to the Journal, Mr. Brooks defended the loans as "well within the band of standard industry practices with regard to price and structure of loans to borrowers of Mr. Johnson's background."

Preforeclosures: Data Research: Is there any site where I can find REMAINING loan balance to figure EQ? I know there are many websites that show data on preforeclosures. That data includes things like assessed values, default amount, TAV, 1st loan amount, etc. But are there any sites where one can easily lookup remaining loan balance and/or equity? Obviously asking the home owner is not always the most reliable information for obvious reasons. Any websites (free or paid) that provide these two missing pieces? Thx.

James Johnson here ! then gone - whats up with the Obama Campaign ? James Johnson, one of three people tapped by Mr. Obama recently to oversee the search for his running mate, took at least five real estate loans totaling more than $7 million from Countrywide Financial Corp. through an informal program for friends of the company's CEO, Angelo Mozilo, the Wall Street Journal reported Saturday. The Journal said at least two of the mortgages, among a series of loans made available to people Countrywide officials called "friends of Angelo," were at rates below market averages, though it is difficult to predict a market rate without access to nonpublic information about a borrower's credit history and other factors that can reduce interest charges on a loan. Among the loans to Mr. Johnson, according to the Journal, were a $5 million home equity line of credit against a house in Ketchum, Idaho, a 5.25% loan of $1.3 million for a home in Palm Desert, Calif., and a 3.875% loan of $971,650 for a home in Washington, D.C. The interest rates applied for the first five years of the loans. "That reeks most high," a public relations specialist and vocal critic of Mr. Mozilo, Bonnie Russell of Del Mar, Calif., said. "Where's the 'change to believe in' if they're playing the same old game using the same old players?"

UPDATE A. How to file an appeal? Judge ordered me to pay child support based on a 2 year old loan application? Judge orderd me to pay $400/week in child support. I only make $350 right now. He based his decision on a 2 year old loan application which my earnings were misrepresented by the loan proccessor. He said If that was inaccurate I shouldnt have signed it. Do I have a case for appeal? My wife had previously filed for divorce about 3 years ago, but we had made up and she withdrew her motion at the time. Is this new case part of that old case or is it considered to be different? UPDATE! I DID NOT recognize the loan document I was presented with in court! and told them so! My copy of the loan application does not have false information on it! I did not sign or provide false information on that home equity loan. UPDATE A I had no lawyer. My wife had a high priced attorny.

are there any mortgage lenders out there that have "stated disability" programs? i am mortgage loan officer and have a client who needs to take out a loan/refinance for debt consolidation and home improvements. he only owes a little over $20,000.00 on his home and it appraised at $220,000.00. he wants to borrow $100,000.00, so there would still be $120,000.00 of equity left. his credit is poor, thus the need for debt consolidation. and he is disabled with a minimal monthly disabilty check. ofcourse, his wife is on title aswell, but her credit is worse, but she does have a monthly income of a very modest amount. the fact that he recieves disability does show up on his credit report, however, the dollar amount does not. what can be done for this family? are there any mortgage lenders out there that have "stated disability" a program? please respond if you are a lender that can help,or have information on the subject that could help. thank you so much.

UPDATE A. How to file an appeal? Judge ordered me to pay child support based on a 2 year old loan application? Judge orderd me to pay $400/week in child support. I only make $350 right now. He based his decision on a 2 year old loan application which my earnings were misrepresented by the loan proccessor. He said If that was inaccurate I shouldnt have signed it. Do I have a case for appeal? My wife had previously filed for divorce about 3 years ago, but we had made up and she withdrew her motion at the time. Is this new case part of that old case or is it considered to be different? UPDATE! I DID NOT recognize the loan document I was presented with in court! and told them so! My copy of the loan application does not have false information on it! I did not sign or provide false information on that home equity loan. UPDATE A I had no lawyer. My wife had a high priced attorny.

Foreclosure question? My parents are in serious trouble right now....heres the deal. They own 2 properties, the person who talked them into buying a second home got them into a bad loan on both properties....they have an adjustable rate and each month they're in negative amoratization. Its too the point where they've tried to sell the rental property to refinance the property where we now live. But the house hasnt sold and the payments are too high....They cant refinance the property where we live because they owe almost what the house is worth.....So now they're thinking that foreclosure is an option....I want to know more about this...how bad is it?? We still have the rental property that has some equity and is more affordable...Any information will help...Thanks

UPDATE A. How to file an appeal? Judge ordered me to pay child support based on a 2 year old loan application? Judge orderd me to pay $400/week in child support. I only make $350 right now. He based his decision on a 2 year old loan application which my earnings were misrepresented by the loan proccessor. He said If that was inaccurate I shouldnt have signed it. Do I have a case for appeal? My wife had previously filed for divorce about 3 years ago, but we had made up and she withdrew her motion at the time. Is this new case part of that old case or is it considered to be different? UPDATE! I DID NOT recognize the loan document I was presented with in court! and told them so! My copy of the loan application does not have false information on it! I did not sign or provide false information on that home equity loan. UPDATE A I had no lawyer. My wife had a high priced attorny.

Accoutning question? Now with this information yo have to. prepare an Income Statement and Balance Sheet for Jone's Home Inspection as of December 31, 2007. Don will need these to prepare his 2007 tax return. Prepare an Income Statement, Owner’s Equity Statement and Balance Sheet. Sept. 1 Signed up for home inspection course at local community college. Cost is $1,000. Put this on the business credit card Dr Training expense $1,000 Cr Credit card payable $1,000 Sept. 20 Transferred $2,500 from personal savings account to business checking account Dr Cash $2,500 Cr Don Jones, capital $2,500 Sept. 25 Purchased reference materials from local book store. Paid $250 cash Dr Training expenses $250 Cr Cash $250 Sept. 25 Signed up for home inspection licensing exam. Placed the $400 fee on the business credit card Dr Training exp. $400 Cr Credit card payable $400 Oct. 15 Purchased a 1 year insurance policy for the business by putting the $2,400 premium on the business credit card Dr Prepaid insurance $2,400 Cr Credit card payable $2,400 Oct. 20 Paid $250 on the business credit card Dr Credit card payable $250 Cr Cash $250 Oct. 25 Purchased tools for the business by paying $500 cash Dr Tools $500 Cr Cash $500 Oct. 30 Paid $200 to get business cards printed. (Note: this an advertising expense) Dr Advertising exp. $200 Cr Cash $200 Nov. 1 Purchased candy baskets to leave at local realtors’ offices to advertise business. Paid $100 cash Dr Advertising exp. $100 Cr Cash $100 Nov. 10 Purchased office supplies needed to prepare inspection reports. Paid $60 cash Dr Office supplies $60 Cr Cash $60 Nov 20 Purchased truck costing $10,000 to use for business. Took out auto loan from local bank Dr Truck $10,000 Cr Truck loan payable $10,000

Recession 2007 ??? I have written about the great imbalances of the US economy. Yet in all of my previous articles on the subject I have been unable to pinpoint when these imbalances will result in a bust. One can never be completely sure of the future, of course, as one does not have full information about all factors shaping future events. Thus, it is possible that this prediction will go wrong if the US experiences some future positive shock, such as for example a significant decline in oil prices. Australia seemed poised for a recession in 2005 after its housing market busted, but this was averted as the prices of Australia's commodity exports soared because of increased demand from China. However, barring such an unexpected positive shock, it seems increasingly clear that we will see a US recession this year. The main reason for this is that the housing bubble that fueled the recovery of the last few years has essentially burst. While mortgage debt continues to climb, albeit at a slower rate than before, and while housing prices have flattened rather than declined so far, other housing market indicators point to a housing recession. New home sales have reached multi-year lows and the inventory of unsold homes reached multi-year highs. Meanwhile, residential investment has declined significantly from its peak in late 2005. From 6.3% of GDP in the third quarter of 2005 to 5.3% in the fourth quarter of 2006. However, that is still above the 4% average of the 1980s and 1990s, and also significantly above the 3.3–3.4% level of the recessions of 1982 and 1991.[1] So far, the economy has seemingly handled this fairly well and experienced what one might call a "soft landing," with growth being slow but still well above zero. Yet there are increasing signs that the worst is yet to come. Much of the housing bubble was financed by so-called subprime mortgages, mortgages to people with a low credit rating. Subprime mortgages were encouraged greatly by the government, with the Federal Reserve providing a cheap source of credit and with Bush encouraging it as part of the "ownership society" that he envisioned. But after the Fed was forced to raise interest rates again, and as the introductory teaser offers expired, the cost of borrowing for the subprime borrowers increased sharply. And as subprime lenders almost by definition have weak personal finances, many have proven unable to handle that. And so we now see how the default rate has increased sharply. This will mean two things: first, new subprime loans will decline sharply. So far this year, subprime loans have declined 37% from last year.[2] This will not only mean lower demand for new houses, but also increased supply as an increasing number of subprime borrowers are forced to leave their homes. This fact, as well as the fact that construction spending is still at historically high levels means that it is likely to decline a lot more. And if this causes outright decline in housing prices, it will have a very adverse effect on consumer spending. The household savings rate was -1.2% in January and February.[3] Meanwhile, despite record high asset valuation, the household debt to asset ratio reached record levels last year, as did the mortgage debt to housing value which hit a record high of 47% in the fourth quarter of 2006.[4] Looking beyond the aggregate number, you can see that 27% of all homeowners have less than 20% equity (more than 80% mortgage debt) in their homes and 16% have less than 10% equity, making them highly vulnerable to a fall in prices.[5] All of this implies that the current spending pattern is dependent upon a continued rapid increase in asset prices, from levels which are historically already extremely high. Household real estate values, which in my first article on the subject I reported to be 184% of disposable income, up from the historic range of 135% to 150%, had in the fourth quarter of 2006 risen to 213% of disposable income. Meaning that there is certainly a high risk of falling prices — which, given the negative savings rate and the record high level of household debt, would imply that consumer spending will have to fall. With residential investments likely to continue to fall and with consumer spending likely to be weak as well, the one thing that could save the US economy would be business investments. Business investments are still at a relatively moderate level, and in relation to corporate profits they are in fact historically low. However, there are signs that corporate profits have peaked. The increase in profits over the latest year has been concentrated in the financial sector and in foreign subsidiaries of US firms. In contrast, profits at domestic non-financial industries (the sector that invests) have started to decline: in seasonally adjusted terms, they were 2.5% lower in the fourth quarter of 2006 than in the first quarter.[6] And with profits showing signs of declining, it is perhaps less important that they are still at high levels in absolute terms, because what matters for business leaders is not so much current profits, but expected future profits — or to be more precise, if businesses think additional investments will generate even higher profits. And with the pessimism generated by the decline in profits and the trouble in the housing market, an increasing number of business leaders seem to think that the days of high profits will be over soon. Business investments fell during the fourth quarter of 2006, and judging by the weak data for non-defense, non-aircraft durable goods orders,[7] the outlook for 2007 is not particularly good. But what about the Federal Reserve? The Fed has always been "the knight in shining armor" always saving the day by cutting interest rates — and they will do so again. At least, that's what many people on Wall Street seem to think. And of course, Ben Bernanke would certainly be willing to provide "liquidity" — with or without helicopters — if he thought a recession was coming. However, the fact that commodity prices continue to soar and the dollar is falling means that Bernanke will have limited scope to cut interest rates, particularly in the aggressive way that Greenspan did after the tech stock bubble burst. With businesses being reluctant to invest, and with subprime mortgages discredited, one has to wonder: where is Bernanke going to create the next bubble, the one that will mask the hangover from the housing bubble in the same way that the housing bubble masked the hangover from the tech stock bubble?

UPDATE A. How to file an appeal? Judge ordered me to pay child support based on a 2 year old loan application? Judge orderd me to pay $400/week in child support. I only make $350 right now. He based his decision on a 2 year old loan application which my earnings were misrepresented by the loan proccessor. He said If that was inaccurate I shouldnt have signed it. Do I have a case for appeal? My wife had previously filed for divorce about 3 years ago, but we had made up and she withdrew her motion at the time. Is this new case part of that old case or is it considered to be different? UPDATE! I DID NOT recognize the loan document I was presented with in court! and told them so! My copy of the loan application does not have false information on it! I did not sign or provide false information on that home equity loan. UPDATE A I had no lawyer. My wife had a high priced attorny.

UPDATE A How to file an appeal? Judge ordered me to pay child support based on a 2 year old loan application.? Judge orderd me to pay $400/week in child support. I only make $350 right now. He based his decision on a 2 year old loan application which my earnings were misrepresented by the loan proccessor. He said If that was inaccurate I shouldnt have signed it. Do I have a case for appeal? My wife had previously filed for divorce about 3 years ago, but we had made up and she withdrew her motion at the time. Is this new case part of that old case or is it considered to be different? UPDATE! I DID NOT recognize the loan document I was presented with in court! and told them so! My copy of the loan application does not have false information on it! I did not sign or provide false information on that home equity loan. UPDATE A I had no lawyer. My wife had a high priced attorny.

UPDATE A. How to file an appeal? Judge ordered me to pay child support based on a 2 year old loan application? Judge orderd me to pay $400/week in child support. I only make $350 right now. He based his decision on a 2 year old loan application which my earnings were misrepresented by the loan proccessor. He said If that was inaccurate I shouldnt have signed it. Do I have a case for appeal? My wife had previously filed for divorce about 3 years ago, but we had made up and she withdrew her motion at the time. Is this new case part of that old case or is it considered to be different? UPDATE! I DID NOT recognize the loan document I was presented with in court! and told them so! My copy of the loan application does not have false information on it! I did not sign or provide false information on that home equity loan. UPDATE A I had no lawyer. My wife had a high priced attorny.

I need a mortgage loan. Can anyone tell me about Mortgage.yeyeyup.com? Please check out this company and tell me if I could apply for a mortgage loan with them. They've got impressive information about the best mortgage companies and a directory of mortgage companies by states. I'm wondering if I should trust them for a refinancing or debt consolidation or home equity loan. They seem to be a mortgage brokerage company.