All Questions
9
questions
0
votes
3
answers
153
views
Do lenders consider stocks and bonuses as part of your income?
Most tech companies give their employees a basic income plus a certain amount of stocks plus annual bonuses.
I am wondering if someone has a $120k salary + $50k stocks + $50k bonus in a year, would ...
- 151
0
votes
3
answers
225
views
Home sale payment
My questions refer to real estate in the US.
When the buyer pays cash (i.e. without taking a loan), would it usually mean that the buyer will have to pay the whole amount in a single payment? Or is ...
- 465
2
votes
3
answers
329
views
Mortgage vs cash for a first-time home buyer
I need advice:
I'm in a condo contract, priced at $175K. I have been looking around for mortgage, and got a quote for a 3.125% 15-year mortgage with 20% down payment (so loan would be 140K).
I was ...
- 435
0
votes
1
answer
587
views
What is serviceable income factor and how its use in calculation?
I want to borrow a loan.Loan for 25 years and 3.75% is interest rate.I have calculate a surplus amount but I can't understand Serviceable Income Factor and Interest Rate Buffer.
salary=4000; // ...
- 81
1
vote
1
answer
367
views
How to buy a flat with a loan from NRI friend
I am intending to buy a flat worth 60 laks rupees in India, I am an Indian Citizen. I have 35 laks rupees in my bank (sale proceeds of a flat) and I want to fund the remaining 25 laks as;
15 laks ...
- 11
3
votes
2
answers
220
views
Pay off taxes with new home loan
Bought our home for 230k in 2010. It will now sell for 390k. We are interested in buying our "dream home", which is 520k.
At this time we have $6k in owed taxes. Is it possible during the sale of ...
- 133
1
vote
0
answers
243
views
What is formula to calculate “In 5 years” amount on page 3 of the mortgage Loan Estimate form?
Loan Estimate form for mortgages in US have a "In 5 years" amount paid. What is the formula for calculating that based on other values in the form ?
On page 3 of the example form at http://www....
- 19
5
votes
1
answer
234
views
Loan from Canada to UK
I live in Canada. My brother in the U.K. is thinking of purchasing a house with his wife. They are both teachers and careful with their money but don't yet have money for a down-payment.
I am ...
- 14.1k
6
votes
3
answers
63k
views
Can I get a housing loan for my father's property?
I want to apply for a home loan, but the property is registered in my father's name. Is it possible? Can anybody help clarify my understanding of home loans?
- 215