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Thanks so much!. Cant comment on the tax implications, but you should make sure the business assets can be used for the mortgage. Might have to prove that either you have full access to the funds and that their removal wont affect the business negatively. Im planing to purchase a second apartmentI own a business I have 100K in my business account I like to use that for the down payment which is around 55k I dont have enough money in my personal account for the down payment I only take out what I need to pay my living expenses, so I need to make a payment to my personal account for the down payment before the purchase is that correct if I wanna use the money from the business, but that money I take out I will need to pay income tax correct.
Same as I pay on my monthly salary. Thank you for your advice!. If it is indeed counted and the Metlife personal loans is exceeded, you could ask for an metlife personal loans or play around with the numbers (down payment, etc. ) to get the DTI back into range. Hi Colin, Im in the middle of the mortgage process with one of the nations largest lenders and am trying to purchase my dream home (for a wonderful price and as a new primary residence) before selling my current home.
(Trying to capture this house before its gone and have plan to do minor renovations aka have wallpaper removed, rooms repainted, install carpets in order to put current house on market for late summerfall and I can carry both properties for up to a year if I had to without damaging metlife personal loans financially) This is a jumbonon-conforming loan program with 10.
I metlife personal loans in and waited a very long time even though there was only one person in front of me. Then this young, fast talking woman comes out and before she even touched my laptop, she asked if it had Windows Vista on it.
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They give me what I want and I always pay within a month. i simply left, drove the 15 miles and pawned my laptop there for a 100 loan there.