If you purchased your real estate subject to the builders own mortgage then you must pay the bank to get a release from the mortgage. A prior mortgage should have shown up in the title examination...
People take out loans for several different reasons but the main thing is that they need money to pay for things. You can get loans from several places. For example, banks, credit unions and other...
Providing that you have the correct credit profile (we ARE in a recession) then you can go into practically any bank. You can also surf on-line for more information and money comparison websites...
Yes, they are. An auto loan is secured loan based on the collateral of your vehicle. If you don't pay the loan they will unfortunately come take your car away.