No, it is not a good idea to add your car loan to your mortgage. It is a common misconception that adding your car loan to your mortgage is a good idea. Spreading the interest on your vehicle loan...
Category: Mortgage
There can be two co-borrowers on a VA loan, one of which must be a veteran. When it comes to a VA loan, the answer to how many people can cosign is two. This includes a Veteran spouse and a...
30 Second Answer Both Mortgage and Auto loans are based on the item being purchased as collateral, and the nationality, race, and sex of the borrower is considered. Mortgage and auto loans are...
If someone doesn't pay their mortgage, the foreclosure process will usually begin after three months of non-payments. If someone doesn't pay their mortgage, the foreclosure process will usually...
30 Second Answer A growing equity mortgage is a type of mortgage in which the monthly payments are increased according to a schedule. A growing-equity mortgage (GEM) is a type of mortgage in...
30 Second Answer 0 0 Can you pay down principal on an interest-only loan? No, you cannot pay down principal on an interest-only loan. An interest-only loan allows the borrower to pay only...