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Http://www.financialpost.com/m/wp/news/ ... herty-says
Started by Lady Luck on
, 14 posts
by 9 people.
Answer Snippets (Read the full thread at realestatetalks):
Helping people to live in a home of the mortgage....
CMHC should be pulled out of the mortgage business.
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No recent replies for this one:
Would a balanace on a business credit card I opened need to be included on a mortgage application?
Started by TheDave on
, 6 posts
by 3 people.
Answer Snippets (Read the full thread at fatwallet):
My ....
Them any ideas about digging into your business activities if it's not required for mortgage approval?
I suppose omitting this information would technically be "mortgage fraud", but I seriously doubt what is reportable here.
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Hello, anyone have any ideas on how to get a business mortgage for a new start up in 6 months?
Looking for what records you need to keep from the start, the business has not yet started trading.
Do already have a 25% deposit but dont want to commmit until...
Started by Cream2cream on
, 10 posts
by 3 people.
Answer Snippets (Read the full thread at ukbusinessforums):
EDIT: Sorry that has come across so negative 1 year? to get mortgage or....
6 months of trading isnt enough to get a commercial mortgage alone, you credit file as the business doesnt have any accounts yet.
They generally look for 30%.
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We are looking to buy a franchise and have access to £40k to fund this, but will need another £40-50 k working capital.
I have approached the mortgage provider to see if they will increase the limit on our agreed facility (we have an offset mortgage) ...
Started by homedad on
, 9 posts
by 7 people.
Answer Snippets (Read the full thread at moneysavingexpert):
What OP really needs is a business loan/mortgage secured to sell....
On this mortgage for business purposes would be seen as breach of contract, which could in turn means the bank and using that money for non improvement stuff.
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Hello Everyone,
I'm in my early thirties, lots of high-tech qualifications and work in the medical devices industry in Dublin.
I'm looking at starting a medical device business. It will probably spin out in 2014 and I will have a contract until then in...
Started by lightoffshore on
, 5 posts
by 3 people.
Answer Snippets (Read the full thread at boards):
I think....
If so, how long of the house.
If I can't get a mortgage I might have to skip doing my own start-up a mortgage? I've heard that new business owners don't qualify for a few years.
In a company or start this business.
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We have found ourselves in the very fortunate postion to be able to pay off the majority of our mortgage. There will be about £13,000 left on it until 2032 and that is on a fixed rate until 2015. I dont know whether to leave it and have the usual payment...
Started by tigwig on
, 6 posts
by 1 people.
Answer Snippets (Read the full thread at theanswerbank):
We were in your position, and we simply carried on paying you to take out another loan.... .
I doubt it'll be worth taking out a loan to pay off teh remainder of teh mortgage rates- mortgage mortgage) It depends on your long term aims.
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Posted Today, 05:31 PM
Hi everyone! My wife and I were denied a mortgage today due to unreimbursed business expenses indicated on my 1040's. I'm in sales and I rack up about 30,000 miles a year visiting customers. We were told by the loan officer that...
Started by User on
, 2 posts
by 1 people.
Answer Snippets (Read the full thread at creditboards):
Take the deduction and not get the loan or pay ... .
Now you don't qualify for the loan because you don't make enough money .
So you took $16,500 off your income.
Posted Today, 08:40 PM
I'm not a cpa but I think you can get 55 cents per mile as a write off .
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I've been 'sounded out' about the prospect of buying our commercial building. Building would cost c. £200 - 250k
Our building is a state and would require a lot of work to do it up and therefore the cost would reflect that. As we can never get any work...
Started by Stour on
, 6 posts
by 4 people.
Answer Snippets (Read the full thread at ukbusinessforums):
On the mortgage as well as the guarantee on the building? is it made far more complicated by the fact of interest rate percentages on a fixed rate repayment commercial mortgage for 10 years? i just want keep the building as part of the ....
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With some two million homeowners facing higher every month remittances that many won’t be capable to afford, conditions among the housing industry accessible could win exasperate ahead they win better. a lot depends on how homeowners, lenders and investors...
, 1 posts
Answer Snippets (Read the full thread at mengk):
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I saw a post over in RYC that got me thinking. If you have a foreclosure and you have a first and a second mortgage on the home, and it is sold, the proceeds cover the first and remaining to the second (if any), right? After 3+ years, how do future lenders...
Started by llecs on
, 8 posts
by 6 people.
Answer Snippets (Read the full thread at myfico):
When we tried to find, the 2nd mortgage lender usually just charges-off the portion they weren't paid off, sell there are "mortgage late payments....
Was in 2008 and the second mortgage company (homeq) is no longer in business.
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