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what is dept consolidation

charge would be applied on a property that is already mortgaged. In case you are unable to keep up with the payments the lender has the right to take the possession of your home. But a secured loan is a of your home. But a secured loan is a better choice than the unsecured loans....Hi NishaFalling into debt does not take a long time but coming out of debt is a tough task. People who often fall into debt

Posted in Computers & Technology by Nisha Dreamz at 3:05 PM on April 28, 2008
Tags loan

What Is A Jumbo Loan?

areas of the country have prices that leave buyers in sticker shock. Many of these buyers find that jumbo loans are the only way they can finance a new home. A jumbo loan, also known as a non-conforming loan, is a residential or commercial mortgage loan that does not conform to the guidelines set by Fannie Mae the Federal National Mortgage Association or Freddie Mac the Federal Home Loan Mortgage

Posted in Personal Finance & Tax by ramnath at 5:39 PM on November 11, 2008
Tags jumbo, loan

What are the types of home loans available?

types - We offer loans to Resident Indians and NRIs for ready property, under construction property, self-construction and home improvement. Loan tenure - Loans are available...You can take different types of home loans like Bridge Loans, Home construction Loans, Home Equity Loans, Home Extension Loans, Home Improvement Loans, Land Purchase Loans etc for different schemes available...

Posted in Personal Finance & Tax by ram nath at 2:07 AM on November 16, 2008

What is the APR Annual Percentage Rate?

guide to the actual real costs of your loan. Take care when comparing offers to see whether both APRs have been calculated in the same way....Annual Percentage Rate APR Also called Annual Interest Rate loan programs from different lenders. The Federal Truth in Lending law requires mortgage companies to disclose the APR when they advertise a rate. Typically the APR is found next to the rate. Example: 30

Posted in Personal Finance & Tax by mohan lal at 8:21 PM on November 24, 2008

Can i transfer the loan? I have the loan and I want to convert the personal loan in my fathers name

You will need to pay off the existing loan and take a fresh one in your father name. If you take a fresh loan from the same bank, the logistical problems will be less.Talk to the bank/ home loan problems will be less.Talk to the bank/ home loan company with whom you has the loan and request them the following: Ask them to approve a loan in your father name assuming they have no issues with your

Posted in Personal Finance & Tax by murugan s at 7:17 PM on September 12, 2008

I am paying interest on my running home loan if government cut the rate of interest on home loan so it will be effect my running home loan ?

NO,your loan rate will remain the same. I kno w this, as I have taken home loan from ICICI Bank....In bank there are two types of interest rate apply for the loan holder 1 is fixed interest and 2nd intrest you have taken loan,genarally banks give loans on floted rate so definitely if bank cuts the rate you will have to pay less intrest on your home loan

Posted in Personal & Home Loans by Simrit Ghai at 6:58 AM on February 04, 2009

How To Choose A Mortgage?

By the time you finish paying off the mortgage on your home, youll have paid more in interest alone than the actual purchase price of the house. For example, if you borrow 125,000 at 8 for 30 years which type is best for you, and which bank, savings and loan, mortgage bank, finance company or credit union offers the best terms for that type of loan.The Internet makes this process easier. You can

Posted in Personal Finance & Tax by ramnath at 4:15 PM on November 11, 2008

I want to buy a new home and for that I need home loan. The Reserve Bank of India has increased the interest rate on home loans. Should I wait or go ahead?

Wait for RBI s credit policy to be announced shortly. you can expect reduction in int rates. FM PC already hinted about this in a Press meet.

Posted in Personal Finance & Tax by kennedy at 11:58 PM on October 09, 2007
Tags new home

What is the average interest rate on a car loan after a chapter 7 has been discharged?

after a bankruptcy is not that daunting as you think.RE-establishing your credits is quite important. You can avail of personal loan, home loan, car loan after bankruptcy at low rate of interest and simultaneously work towards replenishing your credit scores. Provided, you make some good down payments on your bankruptcy loan you dont get low interest rate, as a home loan after bankruptcy lender will foresee

Posted in Personal Finance & Tax by omsankar at 12:14 AM on November 07, 2008

It it worth to spend money taken on loan to show high standard in the society and buy a luxury car? My friend is of such nature.

on interest and buy a luxury car which will need maintenance costs after some wear and tear time. Instead if she can afford a loan tell her to buy a bigger home as it has appreciating value....If someone...if not finanially sound then its advisable to buy a good car.. not a luxury one.. but if your friend is like spending money and taking loans and flaunt it then no body can do anything apart of advising him once

Posted in Agony Aunt by basudha at 12:48 AM on March 05, 2008

I have taken a personal loan and i have some money in my home. loan taken 2 years bck and it i s5 year term is that good to close the loan account now?

saving....Good to close if you have money at home, so that you can save the interest part for the next 3 years. The loan account will be calculated and the balance amount which is pending has to be settledit always better to close the personal loan as soon as possible. if u have got money than pay back ur loan amount immediately. The interest amount u r suppose to pay in rest 3 years would be like ur

Posted in Personal Finance & Tax by Abhisek at 1:01 AM on March 06, 2008

Explain Loans in india?

against Shares Home Loan Education Loan or Student LoanIn Personal Loan, one can get a sanctioned loan amount between Rs 25,000 to 10,00,000 depending upon the profile of person applying for the loan. SBI against shares is very easy to get because liquid guarantee is involved in it.Home loan is the latest craze in the banking sector with the development of the infrastructure. Now people are moving

Posted in Personal Finance & Tax by rajan katiya at 9:40 PM on December 20, 2008
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