Posts

  • Opting For A Wholesale Mortgage Lender

    Living in a house that you actually own is nice, but becoming an owning involves going through a process that can take a long time to complete. The process is even longer if you don't want to pay the full price upfront and need to find a mortgage lender. Apply for direct loans can lead to a lot of disappointment, as you might get denied numerous times before finally getting an approval.
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  • How A Cash Flow Loan Is Different From Conventional Loans

    Cash flow loans are a type of loan in which you borrow based on the cash flow you are expected to have in the future. This is helpful for businesses that have current expenses, but have not received the revenue necessary yet to pay for these expenses. The company might have accounts receivable that have not yet been paid. The lender will be given a right to a portion of the receivables when they are paid.
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  • How To Better Your Odds For Getting Commercial Property Financing

    If you have noticed a piece of commercial property that you would love to own for your own business, you may need to secure commercial property financing unless you have a very large savings account that has enough to cover the purchase. Of course, even if you have a lot of cash, you might still want a loan so you can hold on to your cash for other expenses. Before you submit your commercial property loan application, you will want to review the following tips.
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  • Getting Divorced? Tips For Qualifying For Your Next Mortgage

    You may have an excellent credit history, but that does not mean it will be easy to get a mortgage after a divorce. Not only will your household income be reduced, but you could have financial obligations after the divorce is final that will affect how much money you take home at the end of each month. While getting your next mortgage won't be impossible, it helps to know some tips to help qualify with your lender.
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  • What To Know About Hard Money Loans For House Flipping

    Are you looking to purchase a home with the intention of flipping it? If so, you'll need to secure the financing for the purchase. Instead of getting a traditional mortgage for this type of purchase, you can get a hard money loan as a much better alternative. This is what you need to know about hard money loans. What Is A Hard Money Loan? If you have experience in flipping homes, it's possible to qualify for a hard money loan from your lender.
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  • Is It True You Can Only Accept Gift Funds For A Down Payment From Family?

    One of the most challenging aspects of purchasing a home is saving up for the down payment. The good news is, you don't have to do it alone. People in your life can help you by contributing money towards your down payment fund. The bad news is, those monetary gifts can generally only come from family members. Here's more information about this issue. Preventing Questionable Money Exchanges All loans that will be guaranteed by a government program (e.
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  • 3 Things You Need To Know About Using A Pawn Shop

    If you are running low on cash and need money quick you might be wondering what you can do to get a loan without having to pay a great deal in interest. There are many options for quick money, but one that is a great deal for most people is to pawn something. Here are some things that you need to know about pawning something. 1. You Can Sell Or Pawn
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  • Qualifying For A Home Loan

    When you start looking to buy a home there are a few things that you need to do in order to have a pleasant experience. One of the biggest mistakes that people make is going shopping for a home before they know what they are qualified to buy. This just sets up a home buyer for heartache. It is terrible to fall in love with a home and put in an offer only to be denied the loan.
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  • 4 Things To Know About Selling Your Home To A VA Buyer

    Looking to sell your home? If so, then you and your real estate agent will likely sit down at some point before you list and decide on the types of payments you'll be willing to accept on your home. This can include anything from a conventional mortgage or FHA loan to cold, hard cash. One type of loan you won't want to overlook, however, is a Veterans Administration (VA) loan. These loans are exclusively available to military veterans, and are becoming increasingly popular among buyers.
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  • Why A Reverse Mortgage Is The Perfect Solution For Low Cash Flow

    Planning for retirement is something experts recommend doing when you are young. Unfortunately, there are a lot of people who do not do this at an age that is young enough to provide a sufficient amount of time to save up enough for retirement. There are also times when unexpected things happen in life that cause people to use up the money they had saved for retirement. In either case, using a reverse mortgage is a solution for seniors that do not have enough cash flow after they retire.
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