NLIC.org

Virginia Said:

How many US auto loans and home mortgages financed by banks are out there?

We Answered:

Go talk to an officer at your local bank. There are many tens of millions of each, but I don't have exact data.

Misty Said:

Can I lend money from a US bank at their lower interest rates for a home mortgage in Australia?

We Answered:

You can probably find that banks in Australia can arrange foreign loans for you. They will take care of the details.

Note that this is risky behavior. If the exchange rate goes the other way, then you can get f*cked up big time. How are you at predicting the future exchange rate? I'm not so hot at it, myself.

Unless you are earning USD, it's probably best to stay away from USD loans.

Christopher Said:

US Bank Home Mortgage is royally screwing me. Does anyone know how to get a response from US Bank?

We Answered:

it is not a lenders job to know the prop taxes. YOUR county accessor's job
can tell you that.

ALSO, you can EASILY ask [in writing] the accessor to re-appraise/evaluate
your property taxes and no one I know has been turned down; you will get
a new evaluation at about 40-70% of what you are currently paying.

if you wish more help from me, let me know [free]
merry xmas, happy new year!

Alfred Said:

Can you get a mortgage with a US bank for a Canadian property?

We Answered:

If the bank is willing to lend to you its not illegal. Its unlikely they would unless you have a very strong balance sheet and lots of liquidity.

Reginald Said:

Has anyone dealt with US Bank's insurance claims process?

We Answered:

Your bank is probably going to give you a hard time about repairing rather than replacing. Your policy is written on a 'replacement' basis, and the insurance is PAYING for replacing. If you repair instead, the insurance won't pay to replace AGAIN, because you didn't replace the first time.

I'm guessing that you want to repair rather than replace, to either not have to pay your deductible, or to end up with money in your pocket.

And that's not the 'deal' with the insurance company OR the mortgage company. That's the whole reason why they dole out as work is COMPLETED - to make sure that you actually do the work.