IF you have a mortgage on your house?
546079
yea and pay for it too
556857
so you have your own mortgage company?  I can probably help you steamline your process email me at taustin288@gmail.com and we can probably work out something
431671
Basically your bank will loan you money based on the value of your property. There are loan ratios so lets say they have a 10% ratio (I think thats normal although others demand more or less depending on the area). That would mean you can borrow up to 90% of the value of the house. If the house is 100K you could borrow 90K. Now if you only owe 50K because you bought it a a few years back and it has gone up in value then your bank will lend you up to the 90K (or an extra 40K) for you to do whatever you want with. Its a cheap way to finance debt for purchasing things like cars, holidays, extensions...than using a credit card or personal loan BUT it means you are putting those things under your home loan and if you dont or cant pay then they reposses your home. You would start by going to your bank and having the home valued by a professional they recognise to see how much you could borrow. A good bank will pay for this service for you as long as you take out a loan with them. You generally set up a new loan (which means a new fee) and then your back to normal. Your home loan repayments will go up but they should be able to calculate these for you so you know what to expect. Remember interest rates are on the rise so factor that in. Happy spending.
846967
of course a lender will finance the house. As long as the house is worth at least what they are asking, you shouldn't have any problems financing the house.
511404
Hi, \nNo you will not lose your home.\nYou reaffirm the debt and continue to make payments, keeping current.  I have been thru it.
1107520
you should be able to get a mortgage as that is a secured loan
122300
It depends...\n\nMany lenders do NOT give mortgages on mobile homes if the land is not part of it (if you are paying ground rent especially).  In these cases you get a personal property loans for a mobile home.
1171533
To be added to a mortgage typically requires your refinance your home mortgage. If you do not have any reason to refinance, than I suggest adding your name to the title. It's inexpensive and very simple to do. Feel free to email at info@adpsac.com for more information.\n\nGerry
258877
Sure.  The last time I did a second mortgage on my home I closed with a title officer at my kitchen table.
873720
Just phone up any mortgage company and ask them. If they don't do it themselves they might know who will.\n\nJems xXx
297052
When you buy a house, you pay closing fees, which could be .5% to 7% of your actual mortgage. This money you can deduct from your taxes.
1059890
Can I have your house and car?
1059264
You can foreclose on the property. The first mortgage lender will be notified. it will cost you attorney fees. I don't exactly know how it will work out at the end, you will probably at best get money back minus legal cost.
590594
I would attempt to just borrow the money to get back to current from a local lender.  Leave the mortgage where it is.
152441
NO......I WOULD STRONGLY SUGGEST THAT YOU SELL THE HOUSE..\nBECAUSE THEN YOU ARE GOING TO BE STUCK WITH 2 PAYMENTS... THE ONE FROM WHERE YOU BOUGHT THE HOUSE...AND THE 2ND LOAN YOU TAKE OUT...\n\nWHATS GOING TO HAPPENED WHEN YOUR MONEY RUNS OUT...FOR PAYING THE HOME YOU PURCHASED....??\n\nYOU WILL BE STUCK WITH 2 PAYMENTS.
389318
you should refinance your mortgage.
20271
Well, if the house still has a mortgage, you will only own the part that is already paid.  Say, the house is worth 300k, but there is only 200k left on the mortgage.  You will only own the 100k that was already paid for.  However, before you jump on it, you will still be liable for everything that comes with the house.  All, the liens, pending cases, all taxes, all settlements that are currently being paid, all workers that have worked on the house but have not been paid yet, etc etc.  So, after you do the paperworks and assume the position of the new owner, everything related to the house is yours.  I dont see a problem, but do consult a lawyer to have him dig up everything on the house.  I mean, if its left to you, you will not  be liable for anything against the house unless your name is on the deed.  Because someone leaves something to you and now you owe because someone is suing the owner of the house for 2 million.  How is that fair?  But, check up on it, and after everything is fine, you can take possession.