Can a bank withdraw funds from an account I have at a different bank to pay an overdue loan?


Posted October 27th, 2009 by admin 1 Comment »
bank
Martha B asked:


I have a mortgage with a bank. The renters left and I have no way of covering the mortgage until I get new renters. The bank took the mortgage out of my checking account. If I close this checking account and open another one at a different bank can they access my new checking account to get their funds.

Can a bank withdraw funds from an account I have at a different bank to pay an overdue loan?


Posted October 27th, 2009 by admin 1 Comment »
bank
Martha B asked:


I have a mortgage with a bank. The renters left and I have no way of covering the mortgage until I get new renters. The bank took the mortgage out of my checking account. If I close this checking account and open another one at a different bank can they access my new checking account to get their funds.

Bank rates when down, how long should I wait b4 checking on refi a mortgage. Should I check right away?


Posted March 9th, 2009 by admin 3 Comments »
bank rates
mel s asked:


What steps do I take? Do I check rates online? Call the bank I currently have mortgage with?

What you think that Bank Mortgage rates will stay lower as now for long term?


Posted March 9th, 2009 by admin 4 Comments »
bank rates
Steve t asked:


Bank are here to make money not to loose money, it looks like for short term that rates are low. What you think?