home mortgage loans

Harold asked:


My parents are giving me their current house and building a new one. The house needs some improvements (Kitchen, Bath, Carpets, etc) what is the best loan to get? I currently rent so I don’t have a mortgage. Do I get a home equity loan, first mortgage, home improvement loan? Please help.

EDWARD

Dr. seus asked:


Between her home mortgage, car loan, and credit card bill, Megan is $75,300 in debt. The monthly interest on her credit card is 1.5%, the monthly interest on her car loan is 1%, and the monthly interest on her mortgage is 0.6%. After one month, her total accumulated interest is $460.50. If the interest on Megan’s credit card bill was $4.50 more than the interest on her car loan, find the amount of each loan.

DENIS

light224 asked:


I found a property where i buy for 10,000 i’m having trouble getting a mortgage loan for that amount. help please!!!!

BEN