Posts Tagged ‘than’

Can you use a home equity loan for something other than a home?

Question by curiousgirl: Can you use a home equity loan for something other than a home? I need a loan & some people had suggested I look into this because of the lower interest rates, instead of using high interest (not to mention EVIL) credit cards. But it’s not for a home & I don’t [...]

How to obtain a home loan for more than the home costs?

Question by Tink: How to obtain a home loan for more than the home costs? Is it possible in our current market? If so, can it be in one loan? Say the home is purchased for $ 120k, can the buyer ask for another $ 20k for personal debt? Does this have to be done [...]

Are FHA loans assumable when the home is worth less than the loan?

Question by Ivy: Are FHA loans assumable when the home is worth less than the loan? My friend and I purchased a home together a couple of years ago. I potentially will be moving to another city because of a job transfer. Can she assume my portion of the FHA loan? The home is currently [...]