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What are the ins and outs of getting a construction loan to build a home?

Question by amyann16: What are the ins and outs of getting a construction loan to build a home? My husband and I are 1st time homebuyers. We have been preapproved for a house loan, but are not having luck finding what we want. We have toyed with the idea of building our own. What are the differences between getting a preapproved loan and buying a already built house and going through getting a...

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What kind of loan can I get to consolidate private student loans?

Question by bbrrpf: What kind of loan can I get to consolidate private student loans? I have 0,000 in private student loans from two lenders. The interest rate is over 10%. Is there a way to get another loan to pay this off at a lower interest rate? What kind of debt consolidation program should I consult? Most student loan companies only deal with Federal loans it seems. I keep seeing ads for...

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How exactly does a secured loan work?

Question by A. S: How exactly does a secured loan work? If I got a secured loan against my home and I sell me home, do I have to pay my unsecured loan off when I sell my home? Or can I continue to have my loan and pay it off every month for the term of the loan? No, I am not talking about a home equity loan. A secured loan against my home- do I pack that back when I sell my home or not? Best...

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Lawsuit Settlement Loans and Motorcycle Accident Civil Suits

Lawsuit Settlement Loans and Motorcycle Accident Civil Suits When it comes to motorcycle accidents you’re talking about one of the most serious types of accidents that can occur related to moving vehicles. Motorcycle accidents usually result in very serious injuries if not fatalities. According to the National Center for Statistics & Analysis in 2005 4,553 motorcyclists were killed with an additional...

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Would a construction loan be the type of loan for building a new home?

Question by jiggywalker2008: Would a construction loan be the type of loan for building a new home? If you wanted to build your own house, would you apply for a construction loan? What are the terms of a construction loan? How hard is it to get one? Best answer: Answer by Toby LYes – a construction loan is simply that, when you are in the construction phase you have a construction loan, then when are...