Category Loan

Can I Get a Title Loan with a Salvage Title?

Yes, it is possible to get a title loan with a salvage title, but it often poses unique challenges that borrowers need to navigate. A salvage title indicates that the vehicle has suffered significant damage, and as a result, lenders…

Can I Buy a Duplex with an FHA Loan?

Yes, you can buy a duplex with an FHA loan, provided you intend to occupy one of the units as your primary residence. FHA loans are specifically designed to encourage homeownership, including for multi-family properties, making them a viable option…

Can a VA Loan Have a Cosigner? Key Insights

Yes, a VA loan can have a cosigner, which can significantly enhance your chances of approval if you do not meet the standard eligibility requirements on your own. However, there are specific guidelines and responsibilities that come with having a…

Can You Get a VA Loan for a Mobile Home?

Yes, you can obtain a VA loan for a mobile home, provided it meets specific criteria set forth by the U.S. Department of Veterans Affairs. This flexible financing option is designed to assist veterans and active military members in achieving…

Can You Get a Title Loan on a Trailer?

Getting a title loan on a trailer is indeed possible, as long as you meet certain criteria set by lenders. This type of loan allows you to leverage the value of your trailer to gain quick access to cash, making…

Can You Get a Loan for a Salvage Title Car?

Obtaining a loan for a salvage title car is indeed possible, though it comes with its own set of challenges. Salvage title vehicles typically indicate that the car has been declared a total loss by an insurance company, which raises…

Can They Foreclose During Loan Modification?

When a borrower applies for a loan modification, the foreclosure process can often be paused, but it’s not guaranteed. Understanding the specifics of your loan modification agreement and lender practices is crucial. The loan modification process can provide temporary relief…