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Posts Tagged ‘Purchasing’

 

What is the difference between a finance and a balloon finance?

Thursday, June 25th, 2009
zak-civic00 asked:


I am of planning on l& #39; purchase of very new Mercedes-Benz GLK 2010. and when j& #39; have vérifié the price on line, the balloon is less expensive than the financing of finance. I want right knowledge which is the différence between the 2 offers are.

Louis

 

Getting FHA loan for 4unit. I’ll need to occupy 1unit. What happens to that mortgage once I buy a home?

Wednesday, May 27th, 2009
Liz C asked:


I will be purchasing a 4 unit building using residential financing so I’ll need to occupy one of the units in order to qualify for this type of loan. I would like to purchase a single home in the next year and wanted to know how that would affect my loan of the 4 unit since I will have to move out of there.

Roger
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