Topic: Loan Qualification
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Answers to Common Questions
What Are the Qualifications for Car Loans?
Qualifying for a car loan is based on a combination of factors. The applicant's credit history is a large determinant, as is the ability to budget for a monthly payment. The loan-to-value ratio (the loan amount versus the vehicle value) and... Read More »
Source: http://www.ehow.com/how_5285096_car-loan-faqs.html
What are the qualifications for a FHA loan?
Generally 1. No credit lates in the last 12months 2. 3% down...or seller paid DPA 3. No BK 13 in the last 12months, No BK 7 in the last 24months, and no foreclosure in the last 36months 4. All judgments have to be paid, and you may have to ... Read More »
Source: http://wiki.answers.com/Q/What_are_the_qualifications_for_a_FHA_l...
How to Send a Written Request for Qualification of Loan Modificat...
If you are having trouble making your mortgage payments but want to stay in your home, requesting a loan modification may be an option. In this case, the lender modifies the terms of your mortgage, such as lowering your interest rate, so th... Read More »
Source: http://www.ehow.com/how_5883564_send-request-qualification-loan-m...
More Common Questions
Answers to Other Common Questions
Whatever you do, be sure to complete a FAFSA application first, to see how much in scholarships, grants and other funds you can obtain from your school and other sources prior to applying for loans and going into debt. Once you know what ad...
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Source: http://wiki.answers.com/Q/What_are_the_qualifications_for_getting...
A home equity loan is based on the amount of equity available in your home--what you have paid against the home's value. Your equity percentage, which is computed by subtracting your unpaid mortgage balance from your home's fair market valu...
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Source: http://www.ehow.com/how_6692276_home-equity-loan-credit-qualifica...
The pre-qualification loan paperwork is the first step of buying a home. Many real estate agents will not even let you look at homes if you don't have the pre-qualification loan paperwork from a reputable bank. Sounds like a lot of trouble,...
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Source: http://www.ehow.com/how_5174165_pre-qualification-loan-paperwork-...
VA loans are home mortgages backed by the Department of Veterans' Affairs. The backing makes lenders more willing to extend favorable credit terms and accept lower down payments. Time Frame There are different qualification standards for pe...
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Source: http://www.answerbag.com/q_view/1900807
You must have submitted a FAFSA to be eligible for a Stafford loan. For subsidized Stafford loans, you must have financial...MORE
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Source: http://www.chacha.com/question/what-are-qualifications-for-a-fede...
Hi Masoud, Thanks for the question. Ok, to answer your first question, if you have access to a computer and the Internet, you should check out Los Angeles housing department (if you are in the los angeles area) research your local housing d...
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Source: http://en.allexperts.com/q/Buying-Selling-Home-1476/first-time-Bu...
There is no set qualificationit is mainly based on the borrowers ability to pay, along with DTI ratio and credit score...
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Source: http://www.chacha.com/question/what-are-basic-qualification-for-p...
