Archive for September, 2008

Sep-29-2008

what do i do with these payday loans?

payday loans


I took out some payday loans to help my mother
and daughter. Now I am in a bind because they don’t have the money to pay me when they are due. I have been paying a lot of interest, I can’t afford it anymore. If i cancel the checks at my bank, and just pay them out in a few weeks,can they do anything to me? Or what can they do to me?

Posted under Payday loans
Sep-29-2008

Can a home loan consist of two separate loans combined to cover one loan total?

home loans


My sister is buying a home for 131,700. This their first home and they went through a company that supposedly finds them the best loan possibly for them and then the get a builder to start building their home over the next six months. Their credit score is in the low and mid six hundreds and they are looking at a fixed interest rate of 9.3%. the taxes are about 310 monthly and the insurance is 127 monthly. Im helping her go through the paper work and I notice that there are two loans being combined, one for 104 thousand and the other is around 27 thousand. Can you do this? I want her to know as much as possible because they are set to close on March 13, 2007 and I want to make they can afford this and that they are actually getting a good deal. They make over 4000 monthly. Please provide any information possible and thank you in advance for any responses. I would hate for them to get in over there head.
The house has been built, inspected, and appraised already. They started this process in October I believe
Yall are giving my sister and I wonder information. We are really appreciating this.
I just found out that they didnt have a downpayment and they arent paying any closing costs. Also why wasnt they offered something like a first time homebuyers deal. Im a college student dormer so I dont know anything about home loans.

Posted under Home loans
Sep-29-2008

Can someone help me figure out VA home loans?

home loans


I am at Square One in the whole home-buying arena so I have no knowledge. I am stationed overseas with 15 months left before I go back to the states. I want to buy a 2 bed-room in Austin Texas (average home $190,000). I am active duty Army and can use the VA home loan. My credit is poor , but I have little debt besides student loans (I paid off my old credit debt).

I know this is kind of vague but can someone give me a good place to start doing research and places that give good tips for first-time home buyers?

Posted under Home loans
Sep-29-2008

Do you know anything about VA home loans?

home loans


Seven years ago, a family member bought a condo with a VA home loan. The mortgage company sold the account to Fleet who stopped sending bills or coupons for payments. Essentially, they screwed my family member and after two late payments (it took 18 days to process because there was no payment coupon included) they started foreclosure procedures. Really bad company to do business with. She had no choice but to file bankruptcy. They forclosed on her in less then two months and the condo sat vacant for over a year and a half. No one helped her and the mortgage company even hung up on me when I called them. Can she qualify for a VA home loan again?

Posted under Home loans
Sep-29-2008

How can I pay for college without taking out college loans?

college loans


I am trying to figure out how I am going to pay for college without taking out loans. I have good grades and everything, but those aren’t getting me the necessary scholarship money to completely pay for college without me having to go into debt. What are some helpful hints to paying for college? I am also working all that I can and still can’t come up with the necessary money. Please help me with some good ways in order to pay college WITHOUT any debt!!!!!!

Posted under College loans
Sep-29-2008

Are there mortgage loans available to buy a house outside of the US?

mortgage loans


I’m thinking about a second home or vacation home, rates are much, much lower here versus latin america.

Posted under Mortgage loans
Sep-29-2008

How tax deductible are charitable donations and home equity loans?

home loans


When they say donations and home equity loans are tax deductible, what does this mean? Does a $1000 donation mean $1000 less federal income tax? Does $1000 paid in interest on a home equity loan mean $1000 less federal income tax?

Posted under Home loans
Sep-28-2008

do anyone know how to write grants? any advice?

how to write grants




Posted under Grants How-to
Sep-28-2008

Anyone with experience with VA home loans?

home loans


Do you have to have a down payment? Please give me any information you have dealing with VA home loans or suggestions, advice, experiences.

Posted under Home loans
Sep-28-2008

I am planning to buy a home outside the United States, I am wondering if I can get mortgage loans or personal?

mortgage loans


I am planning to buy a home outside the United States, I am wondering if I can get mortgage loans or personal loans here in the US. If so who should I contact. Please advise. Thanks.

Posted under Mortgage loans