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Posts Tagged ‘Downpayment’

Should place my student loan in forbearance while I save for a downpayment on a home?

househungry asked: I HAVE OVER $24,000 IN STUDENT LOANS AT AN INTEREST RATE OF ABOUT 8%. I’M LOOKING TO MOVE TO A BIGGER CITY IN THE NEXT 6 MONTHS AND WANT TO BUY A HOME THERE. I WANT TO SAVE... (Continue reading)

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How is this for a downpayment for a business loan?

closure asked: I’m trying to get a business loan for $50k and I only have $2,000 to invest in my own money. Is this too low an amount? Would the bank look at me like I’m crazy? It’s a retail... (Continue reading)

How do you know whether the bank classes your home loan as a subprime loan?

Mr. Vincent Van Jessup asked: My loan is fixed rate, my monthly payment is fairly low, and I put down a large downpayment. But it was my first home, and I find myself wondering if I had a bad risk... (Continue reading)

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