Loan

KingChristianOne: Can one with the Army loan repayment consolidate with a cosigner and still be eligible? I have two non-qual bank loans, and one stafford loan. If I consolidate these loans will the consolidated loan be eligible? Could said consolidated loan have a cosigner and still be eligible? Answers and Views: Answer by Gordon … [Read more...] about Can one with the Army loan repayment consolidate with a cosigner and still be eligible?

homeless: What is an interest only loan and what are the benefits and drawbacks? I was recently pre-qualified for a loan and the loan officer didn't mention any other loan programs except for an FHA? I had to ask about the first time buyers program. I'm just wondering what are some other loan programs and where could I find out about … [Read more...] about What is an interest only loan and what are the benefits and drawbacks?

KaySu: How does subsidized student loan interest work? I will be taking out a subsidized loan for the first time, and have a question about the interest. If I take out $ 2,000 at 5% interest and it is deferred until after graduation. If I pay off the loan before it is due, do I have to pay the interest for all the years I have been borrowing the … [Read more...] about How does subsidized student loan interest work?

27amDotCom: What to look for when shopping around for home equity loans? Any advice on what to look for when shopping around for home equity loans? Are there referral commissions? I have a couple of individuals looking for a home equity loan ... I told them I'd look into it for them. I'd like to find a quality vendor, but if referrals … [Read more...] about What to look for when shopping around for home equity loans?

butterfly31201: What happens to my car loan if my co-signer files bankruptcy? I have a car loan of about $ 10,000. I got this loan about 9 months ago. I am just wondering how it will affect me if my co-signer files bankruptcy. The car is in my name and she is the co-signer. So with all this new stuff I know does this mean they can come take my … [Read more...] about What happens to my car loan if my co-signer files bankruptcy?

comaxeternal: How long is an approval for a car loan through a credit union good for? We are members of wings financial credit union and we applied for a car loan about 6 weeks ago and got approved, we ended up not taking the loan out because we decided against the car. Now we are for sure going to need the loan out. Do you think that we will have … [Read more...] about How long is an approval for a car loan through a credit union good for?

toni: What happens if a loan rejection happens after the option period is up and an offer is already made? I heard FHA loans can take anywhere from 1 to 6 weeks to approve. If our option period is 10 days from today, and we get rejected for our loan 15 days from now, what happens? Do we just lose our earnest money and that's it? Or is it a more … [Read more...] about What happens if a loan rejection happens after the option period is up and an offer is already made?