We do business loans for our clients that are currently in business or wanting to get started in business. Real Estate investors are in business therefore they are able to obtain a business loan. Depending on your goals one program we offer may benefit you. We offer a no document business loan, no collateral on the property as it is a business loan and you are able to finance 100% or more. Many of our investors finance the repair/upgrade costs into the loan. The loan is based completely on your credit. You must have a 620 or above to apply. Some of the factors we consider is the length of your credit history, how much available credit, how many recent accounts have been opened etc. We need to prove your ability to repay the loan based on your personal credit. You are welcome to contact me anytime with questions. Generally the rates are around 8%.
Hi Doris, if you're filing chapter 7 bankruptcy and your mortgage holder will not let you reaffirm the note, then you have little recourse. Do you have a history of late payaments? However, so long as you continue to pay the mortgage, you should be allowed to remain in the home. However, I would get that in writing first, and you will nolonger have any ownership rights to the house. Sorry and good luck.... more
Do You Qualify for the New $8000 Tax Credit?Friday, March 13, 2009by Jason KudaryNo doubt you've heard something about the new $8000 tax credit available for first-time home buyers as part of the latest