Knoxville program helps low–income homeowners keep their homes

Posted on Apr 23, 2014 in Stated Income Loans

Question by Rebecca C: What is a home equity loan?
Can you get a home equity loan on a mobile home and 6 acres?

Best answer:

Answer by Wayne Z

What is the home and land worth and home much do you owe on it.

Give your answer to this question below!
Why a government agency won't lower mortgage fees for borrowers
Two influential housing industry trade groups voiced alarm this month about the fees borrowers must pay when they take out a mortgage backed by the Federal Housing Administration – a popular source of loans for cash-strapped, cure first-time home buyers.
If you would like more informaiton please visit here…

3 Ways Foothill Credit Union Offers Easy and Efficient Home Financing
Whether you are considering homeownership for the first time or currently own a home and are looking into refinancing options, more about consider applying for membership at Foothill Credit Union. If you are an … If you are a first-time home buyer who cannot …
More informaiton please visit here…

Question by : Compare mortgages?
A person buys a house for $ 50000 through a mortgage bond. The interest payable on the mortgage bond is 7.5% P.A. throughout the term of the mortgage. Length of maturity of this bond is 25 years. Another person buys another house through a mortgage that attracts an interest of 9% P.A throughout the term of the mortgage. The maturity period of this mortgage is 20 years. These two people have similar jobs and earn identical salaries. Who is better off on the monthly repayments? What other considerations would you take into account in comparing the mortgage deals?

Best answer:

Answer by loanmasterone
This sound as if it is a home work question.

Though there are many that are qualified and would solve this problem, remedy you would only know the answer not the method in which the problem was solved.

This is the essence of homework so you would be able to explain the method in how you solved the problem. This would allow you to solve many problems of this nature in the future.

I hope this has been of some benefit to you, good luck.


Give your answer to this question below!
Knoxville program helps lowincome homeowners keep their homes
“It's where homeowners who meet certain criteria, more about income wise, discount can apply to the city of Knoxville for a low interest loan so they can get their house brought up to code,” explained Becky Wade, the director of community development for Knoxville. The …
For more informaiton please visit here…

Lowincome home loans available
The rural development division of the U.S. Agriculture Department is accepting applications for federal single-family housing loans. The loans are geared toward low- and very low-income residents of rural North Carolina. Among the 16 counties eligible …
For more informaiton please visit here…

4avg.rating 14 votes.