Posts Tagged ‘Balance’

What does it mean when my student loans have a zero balance due to a claim?

My student loans are through NelNet and I received a letter from NelNet instructing me to stop making payments. The reason they give is that my student loan account has been paid by a claim and now has a zero balance. I have had student loans since 1995; but I also have filed [...]

When refinancing, are you refinancing the balance of current mortgage or the value of the home?

I’m considering refinancing but am a little confused about the process. I cant figure out if I would be refinancing my balance or if the new loan would be for the value of the home? EX: my current loan was for $89,900 but i owe $79, 500.The value of my home was appraised for $92,000 [...]

What you must know about Home Loan Refinancing and Balance Transfers 24 March 2009

Kartik Varma, Co-founder of iTrust Financial Advisors, explains home loan refinance or balance transfers as they are popularly known and things to keep in mind before initiating a halance transfer.