Question by mashedpotatoes2: What is the best collegiate student loan program? I am going to college soon and want to explore my options. I prefer one with very low interest rates and repayment 6 months after graduation or so and low minimum payments during the repayment period. So which ones are the best out there? [...]
Archive for February, 2012
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How does the Student Loan Repayment Program work in the army?
Posted by Admin on February 25th, 2012
Question by Bonny: How does the Student Loan Repayment Program work in the army? I am considering enlisting in the army and I was wondering how the student loan repayment program works. I have done some research so i do know that they pay a portion of the principle amount of a federal loan every [...]
Does anybody know anything about the Student Loan programs available to college students?
Posted by Admin on February 23rd, 2012
Question by Mildred J. Michalczyk: Does anybody know anything about the Student Loan programs available to college students? What is the maximum amount a student can borrow each year and who are the best Lenders to borrow from? Best answer: Answer by ZukerIt all varies based on where you are. Talk to a financial adviser [...]
Does an FHA loan require the seller to fix major problems?
Posted by Admin on February 23rd, 2012
Question by : Does an FHA loan require the seller to fix major problems? The house we’re buying needs a new roof. Under an FHA loan will the seller have to replace the roof before we can receive the loan? Best answer: Answer by nomoYes. Or you can replace it before closing which would be [...]
How is the amount of a home loan decided?
Posted by Admin on February 21st, 2012
Question by CharChar76: How is the amount of a home loan decided? My husband and I have been approved for a $ 120K home loan. However, some other couples we know that make the same or less than we do were able to buy homes for up to $ 20K more than our approved loan. [...]
Q&A: Trying to qualify for a home loan. Will adding my name to my parents savings account help?
Posted by Admin on February 18th, 2012
Question by michaeldorian: Trying to qualify for a home loan. Will adding my name to my parents savings account help? I’ve been doing alot of research in terms of qualifying for a home loan and can’t seem to find an answer to this. Many home loans require you to show a bank account statement of [...]
Can someone rent a home that they purchased with an FHA loan?
Posted by Admin on February 16th, 2012
Question by Mx: Can someone rent a home that they purchased with an FHA loan? If you purchase a home with an FHA loan (and you still owe on that loan) can you use it as an investment property? Furthermore, can you purchase other properties when you have an FHA loan? Can you live in [...]
I received an email from Fast Friendly Loans. Anyone know anything about it? Is it spam?
Posted by Admin on February 14th, 2012
Question by zaphod84: I received an email from Fast Friendly Loans. Anyone know anything about it? Is it spam? It says they don’t do a credit check which is something I’ve never heard of so I’m skeptical. Best answer: Answer by K~E~GI would delete it. It is spam. Add your own answer in the comments!
How Can an FHA Loan get approved if the by-laws have a Right to First Refusal?
Posted by Admin on February 11th, 2012
Question by Ms Tee Arrow Condos: How Can an FHA Loan get approved if the by-laws have a Right to First Refusal? I am a Condo Association president. Recently, a unit was purchased with an FHA Loan. Our By-laws have the Right to First Refusal, we also have a pending lawsuit with Illinois Department of [...]
Q&A: How soon can you use a VA loan to purchase a home after a shortsale on an FHA loan?
Posted by Admin on February 9th, 2012
Question by : How soon can you use a VA loan to purchase a home after a shortsale on an FHA loan? My husband and I did a short sale on our home 15 months ago on an FHA loan, because we were stationed over seas for three years it became to hard to hold [...]
