Posts tagged as: Banks

Who is best to get a home mortgage through?

Mortgage

Question by vtown_german: Who is best to get a home mortgage through? Would it be best to go through banks, credit unions or other lenders that mortgage brokers might suggest? What are competible and reasonable mortgage rates? Is 6.25% legit for an first offer or should I definitely keep looking? Best answer: Answer As of [...]

Home Loan Modification: Points To Consider Before Applying For A Home Loan Modification

Mortgages

In a time of financial crisis many individuals find themselves reflecting on their financial situation, especially in regards to the fluctuating housing market. No individual wants to lose their home but the search for solutions to stop foreclosure seem to be limited. Many individuals without the ability to support themselves are abandoning their houses and other families are having to rely on multiple incomes to survive, including the incomes of their older children.

How can someone get a credit card if they are living in a country whose banks do not issue credit cards?

My friend lives in Morocco and would like to get a Visa or MasterCard credit card to make online purchases. Unfortunately, no banks in this country, to our knowledge, issue credit cards. Is there an international bank or other solution? A low-limit card will suffice. Thank you

Why was Obama suing banks to force them to give mortgages to people who didn’t qualify ?

How does Obama blame other people for the economic crisis when he personally helped to sue banks to force them to give mortgages to people he KNEW didn’t qualify and couldn’t pay them??? C­ase N­ame B­u­yck­s-Ro­­b­e­rso­­n v. Citib­ank­ Fe­d. Sav. B­ank­ Fair H­o­­u­sing/Le­nding/Insu­rance­ Do­­ck­e­t / Co­­u­rt 94 C 4094 ( N.D. Ill. ) FH­-IL-0011 State­/Te­rrito­­ry [...]

How did people have homes before banks invented mortgages for the sake of profit?

Mortgages

With a mortgage you don’t even own the house until 30 years later after you make all the principal and interest payments which means you end up paying double the original purchase price. There must be a better way than being a prisoner of the bank?

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