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mortage loan to buy ahouse

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Icon Mini Profile safira_mendes





Joined: 08 Jun 2007

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Post Posted: Fri Jun 08, 2007 3:33 am    Post subject: mortage loan to buy ahouse
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Post Your detailed question here.
since i am going to retire next year, i
need a mortage loan to buy a house in
goa. i can mortage my house to get a loan
Icon Mini Profile sara
sara
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Joined: 05 Jul 2006

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Location: New Brunswick, New Jersey
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Post Posted: Fri Jun 08, 2007 3:54 am    Post subject: RE:
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Hi Safira,

You can definitely keep your house as the security in order to get a mortgage loan. But before you consider such a loan, just see that you contact the right person to get a loan. Also, you need to ensure that the lender helps you to select the loan package that will suit you the best. Consider your finances and liabilities before you make a choice of the loan program.

As you'll be retiring next year, debts and liabilities may bother you. So, it's best to analyze your financial situation before taking the decision to go for a particular loan offer.

Take Care

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Icon Mini Profile helping_user
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Joined: 31 Mar 2006

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Location: Hawaii
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Post Posted: Fri Jun 08, 2007 4:08 am    Post subject: RE: reverse mortgage can be a good option
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Hi Safira,

Since you are retiring by next year, I think reverse mortgage will be a good choice.

In India, reverse mortgages are offered by Dewan Housing Finance Corporation Limited. You may check all about reverse mortgage in india from a discussion in which the community participated.

Thanks.
Icon Mini Profile dilipgagare





Joined: 26 Mar 2009

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Post Posted: Thu Apr 02, 2009 7:29 am    Post subject:
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Hi,
Yes you can get loan on your home.but you can also get home loan,if you have no otherloan.this is too good for you.for more benefit take help from any expert which is best.and you should follow all rules on that loan.

I thinng you got an idea...

Regards
Dilip
Icon Mini Profile gmakerley
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Post Posted: Thu Apr 02, 2009 7:36 am    Post subject:
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oh my
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Icon Mini Profile eric1
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Post Posted: Thu Apr 02, 2009 5:47 pm    Post subject:
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I must be on candid camera.
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Icon Mini Profile gmakerley
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Post Posted: Fri Apr 03, 2009 11:16 am    Post subject:
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hey, maybe allen funt came back!
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