If you are in dire need of a loan and have no home or car to offer as collateral, tenant loans can do you a lot of help. Loan approval does not come as fast as it does when a collateral is readily available to provide security for the lender and this fact alone makes tenant loans a very good option for those with no property to speak of. The tenant loan option bodes well for the finance industry as this helps make certain that various types of...more
So, the crux of the matter is that payday loans can help you to get out of trouble, but, the effectiveness of payday loans is directly related to the potential and quality of the payday lenders. What it means is that you will have to search for the best lender and this can only be done by keeping the aforementioned points in mind.Cheap Payday Loans? By: Jason About the Author Brian Zack Johnson is a financial expert and...more
The traditional commercial lending market has dried up, especially for construction loans. Anyone seeking a commercial construction loan will need to find a private equity fund to accomplish their funding needs. I have discovered just such a fund that is actively lending large commercial construction loans for both domestic and international projects.The private equity fund has $1B in liquid cash and $2B in stand-by letters of credit from their investors. The fund uses a bond wrap around the note in Germany to recoup their cash and replenish the fund every 60-90 days. This private equity fund for commercial construction loans ($20M+) is very transparent, after NCND agreements are executed with their master broker. They will provide capacity and proof of funds through an attorney affidavit and will also provide title company contact information to verify closings. The bottom line is these guys have money and are funding projects.This private equity fund will finance 100% of the construction cost (including land acquisition) as long as the appraised completed value is 80% or less of the construction loan amount. Typical rates and terms for a quality domestic construction project is...more
There are many people asking the question should I refinance my mortgage? There are various reasons why refinancing is a good idea for anyone that is in a good position to do it.If you feel you are in a good position then you need to know the top reasons to refinance so you can make a smart decision for you. Below are the top reasons that you need...more
Now is a great time to consider buying a home. Interest rates are very attractive and there is a wide choice of homes available to suit just about any budget. Still, it's most likely you will have to deal with financing and this will mean taking on a mortgage.Sorting through the numerous mortgage options available to today's homebuyers can be...more
People can be neck deep in loans and may feel helpless not being able to repay one huge or many loans that they had taken up. Many times people fail to pay loans and this attracts a black mark on their credit history, which is extremely undesirable. Many loans can be consolidated and paid off.Many banks in UK do this for its citizens. One bank takes up the responsibility to pay off the many loans that the borrower may have taken up. Instead issues one single quick loan in his name with a lower rate of interest that could be paid over time. UK has many such banks like- HSBC and Barclays with their head quarters in Canary Wharf, Royal Bank of Scotland Group with headquarter in Edinburgh, Lloyds Banking Group and Standard Chartered with their headquarters in the city of London etc.With strict criteria to fulfill including a decent credit history these banks issue a quick loan in the borrowers name on application. The loan can be of two types:First quick loan type would be the secured one. Although it's not the quickest, it can be the easiest and the one with least amount of interest rates charged. The bank issues a lump sum amount of loan but the borrower has to mortgage a valuable...more
In terms of helping borrowers modify struggling loans, Bank of America has quite a tarnished reputation. Not only has the lender had multiple lawsuits filed against them for the lack of assistance they offer to struggling borrowers, they...more
Borrowers thinking about applying for a Century 21 Financial loan modification should apply for assistance as soon as possible. With complaints against every lender in the industry and the number of lawsuits against lenders growing by the day, a...more
Easy Ways to Restructure a Hotel Loan By: Dee Vanover About the Author For more information and a free consultation on hotel loan modifications, contact the commercial real estate experts at http://houserescues.com ...more
Pro City Mortgage is a loan modification service that makes several claims about the success of their services. Borrowers who have used their services paint quite a different picture of their Pro City loan modification experience. One of the most...more
Student loans have recently become ubiquitous in the world of college education. Not many years ago, those students who did go to college were able to finance their educations through savings. Now, though, higher education is required for nearly...more
And please feel free to contact us if you'd like help locating a professional, certified, short sale Realtor in your area to list your home.The Most Common Underwater Mortgage Mistakes—And How to Avoid Them By: Bud Gragg About the...more