Sentences with phrase «in liens against your home»

FHA insures mortgage lenders against losses associated with its loan programs: failing to pay taxing authorities can result in liens against your home.

Not exact matches

Newsday has reported that Mehta secured the position, which paid $ 79,000 a year, despite a checkered financial past that includes a home foreclosure, two bankruptcy filings, a tax lien and lawsuits against him by creditors who allege that he owes thousands of dollars in unpaid bills.

You have equity in your home; the lender of your home equity will put a lien against that equity.

The lender will place a lien against your home or automobile until you have repaid them in full for the amount of money that they extend to you.

Short term loans, therefore, are pretty easy to obtain in the months following bankruptcy; you can make your application look even better by pledging collateral in the form of a lien against your home or vehicle, or by applying with a cosigner backing you up and agreeing to pay if you do not.

In other words, with a Home Equity Loan or HELOC, you will have two mortgages on your property; in all likelihood, it will have a higher interest rate than your first mortgage due to the fact that it will be held in a second lien position against the propertIn other words, with a Home Equity Loan or HELOC, you will have two mortgages on your property; in all likelihood, it will have a higher interest rate than your first mortgage due to the fact that it will be held in a second lien position against the propertin all likelihood, it will have a higher interest rate than your first mortgage due to the fact that it will be held in a second lien position against the propertin a second lien position against the property.

When the CRA registers a lien against a home they're «securing an interest» in an asset.

Equity is the amount of monetary ownership a homeowner has in their property and is determined by subtracting the balance of any liens against the property from the home's market value.

If you can not pay the debt, then the creditor can collect the debt by garnishing your wages, filing a lien against your home, filing a lien against your investment property, or seizing the funds in your bank account with a bank levy.

In most cases, the lender is guaranteed repayment of your homeowner loan by placing a lien against your home; your lender knows that you do not wish to lose your home and that you will, thus, make your homeowner loan payments.

the home or automobile does not have equity (a liquidation value in excess of the amount owed to creditors with liens against the property) in excess of what you are allowed to exempt.

By pledging your home for collateral against your cosmetic surgery loan, you agree to allow the lender to place a lien against it until you pay off your cosmetic surgery loan in full.

For homeowners, this is usually given in the form of a lien against your home.

«Some property owners in Argentina are inhibited from selling because of liens against their homes.

This insurance policy protects your lender in case the title insurance company made a mistake in its title search and you later discover that there are liens against your home.

Following the deduction of the upfront fees and the payoff of the existing mortgage (a Reverse Mortgage borrower must always pay off any existing mortgages and other liens against the home), the borrower in our Reverse Mortgage example is left with the following amounts available in the form of lump sum cash or line of credit.

A title policy guarantees that the home you purchase is free of liens, clouds against the title, or confusion in the prior ownership as to the date and time the policy is issued.

In a «fee simple» arrangement, you own the land and home outright and the community association has a lien against the property.

Because of the difficulty in securing leverage against a loan (also known as a lien), private lenders were unwilling to grant home loans and mortgages to Native Americans.