Sentences with phrase «mortgage on one's house»

I took out a second mortgage on my house.

If the seller has a current mortgage on the house we recommend financing the property in your name with a lender within two years.

I called on a whim because you had placed my original mortgage on this house.

But, for the sake of providing a logical answer, let's assume you have a $ 300,000 mortgage on a house worth $ 700,000.

In numerous relationships, there are financial deals involved, whether it is someone paying for the home mortgage on a house or sharing an exotic getaway with their partner.

I have a $ 300,000 low - interest rate mortgage on my house, but I am able to meet expenses with salary and dividends.

The problems appears when you try to put a new mortgage on the house or want to sell it again.

We are both 65 years old and have a small mortgage on our house but have plenty of equity.

He has a big mortgage on his house and two kids in college.

The only debt you could get was a reasonable mortgage on a house.

The lender will set up the loan as a registered mortgage on the house.

If you have a traditional mortgage on your house you need to get enough from the reverse mortgage to pay it off.

With a mortgage life insurance plan your spouse or any beneficiary you choose will have the money needed to pay off the outstanding mortgage on your house or condo.

She also took out a second mortgage on the house she owned with her husband, and contracted with a well - established family vineyard to private label their wine.

When we started this little exercise, a fixed rate 30 - year mortgage on this house was $ 1,000 a month.

My oldest account is only 13 years 5 months old, and I suspect it's for my original mortgage on the house we're in.

He joined the McMaster pre-law society and applied to a few law schools in the U.S. «It's certainly an eye opening experience when they send you documents in which your parents have to put a second mortgage on your house in order to apply.

And as coal investors have fled in droves to invest in more profitable companies and industries, coal workers have been left with pink slips and mortgages on houses with few buyers in blighted coal country.

This metric also known as LTV is calculated by dividing the total value of mortgages on a house by its current selling price in that market.

LTV is obtained by dividing the total of mortgages on a house by its most recently appraised price.

«It's like if your uncle pays the full mortgage on your house — when you refinance your house, who deserves the savings?»

Is it Sharon, who earns $ 100,000 a year and has a $ 150,000 mortgage on a house valued at $ 500,000 and no other debts?

After the bank transferred the $ 625,000 for the refinance to Metropolitan's escrow account, Andreotti spent the money on personal expenses instead of paying off the first mortgage on the house.

It might help if he sat down with her and said, «Yes, we have a good income, but look how heavy our expenses are — we've got a very large mortgage on our house, we just bought that cabin in Whistler, here's what we're spending on the children's education, and here's what we're paying in income taxes.»»

They must also either own the home outright, or, if the aspiring borrowers have an existing mortgage on their house, they must be able to pay the original mortgage off with the money they gain from their reverse mortgage.

You've hit your forties, your children are in college, you still have a sizable mortgage on the house, and you are concerned that if you pass away your spouse can not pay for the kids education and the mortgage on her / his own.

I currently have a 15 year fixed rate (3.0 %) mortgage on a house in the US.

For example, if the sellers are able, suggest that they take back a second mortgage on the house for six months so that the sale can close before the buyers sell their current home.

«First and foremost, they're borrowing for mortgages on their houses and putting home renos on a line of credit,» says Gillis.

I remember my parents paying off their 30 year mortgage on the house I grew up in during 1991 and thinking that the 4.5 percent rate they paid was some kind of antique the likes of which would never be seen again.

«If you have a $ 200,000 mortgage on a house worth $ 250,000, and you have $ 200,000 in student loans, the bank may not see you as a good candidate for a loan,» Hoeksema says.

Writing in the Harvard Business Review, Joshua Pearce noted, «as coal investors have fled in droves to invest in more profitable companies and industries, [Appalachian] coal workers have been left with pink slips and mortgages on houses with few buyers in blighted coal country.»

The Cuomo budget spokesman, in an article in Politico, compared the state's new position to an «uncle» paying the full mortgage on your house, then deserving the savings when you refinance your house later on.

I have a $ 300,000 low - interest rate mortgage on my house, but I am able to meet expenses with salary...

The banks have generously offered to create a new mortgage on my house but I am hesitating... If I understand Mr. Rempel's statement correctly only 65 % of the value of my home would be a true HELOC where the interest would be tax deductible.

I called on a whim because you had placed my original mortgage on this house.

Derek Sall was racked with student loan debt, credit card debt and a mortgage on his house.

My partner was also an ex-pro skater, Per Welinder, and he took out a second mortgage on his house.

Remember the bank bail outs when people realized that simply walking away from their home loans were far easier than continuing to pay a mortgage on a house that was worth far less than they owed for it?

The vast majority of these deals are supported through friends and family, personal savings, a second mortgage on the house, and / or credit card debt and are generally a labor of love.

He launched his security company in 1995 with a $ 25,000 second mortgage on his house.

But a bank comes to you and says, well, you have to pay us a mortgage, because somebody in the next block just took out a mortgage on your house, and so now you have to pay it.

Between 2001 and 2005, the couple took out five mortgages on the house, rolling one loan into the next mortgage.

When I refinanced my home in 2012, there was a small second mortgage on the house.

Today we're diving into those thoughts and feelings, and — because we got so many questions about it — diving into why we did pay off the mortgage on our house but why we're not paying off the mortgage on our rental anytime soon.