Finance Questions

Posts Tagged ‘bills’

Question: I NEED A $6,000 USED AUTO LOAN?

I'm so sick of these stupid answers...Can someone just give an answer that is actually helpful. I have no credit, I have a job and have a cosigner. I went to my local credit union, it is a problem with them because they need my cosigner to come in, he lives in another state far away and can't make it in. Is there any place online where I can fill out an application and get approved. I tried the Capital One Auto Finance but it has to be over $7,500. Any help?

Answer: Auto Finance is what I do for a living, why don't you simply ask your credit union to overnight the paperwork to your co-signer?

We do that all the time when co-signers live in another State.

President Obama: Wall Street Bankers are terrorists holding us hostage

Question: How to finance hunting land?

How do you finance hunting land? What are the major companies who do this, like Citi Mortgage for homes, also what are the interest rates for say a 15 year loan.

Answer: Land does not need to have improvements to take a mortgage on, but you aren't going to find a typical home mortgage to finance the property because you aren't going to live on it. Instead, it is considered an investment property and will require a higher interest rate with at least 20% down (sometimes more). Your local bank offers these kinds of loans. If you have good credit you will be likely be looking at 1 % more than the typical home mortgage rate you see published.

Loan Modification - Bank of America, Citi, JP Morgan Chase, and Wells Fargo Gamed the System