Posts Tagged ‘#Lenders’
Biggest Mistakes People Make When Getting Ready to Close
From our friends at National Credit Care Underwriting. Now that’s a word that makes any mortgage professional get the chills. Let’s say it again…underwriting…brrrr…those blasted pencil pushers just making all our lives more miserable. Over 90% of our clients are seeking a loan approval for a home. This has naturally turned our business model…Read More
Impact of your FICO on $250K Loan
We just received this from our referral partner at National Credit Care Rates fluctuate. Below you will find example rates pulled off the MYFICO website. Regardless of what rates are, these general rules typically apply. For the most part, when you’re in the low 600 credit score range, you lower your interest rate by a…Read More
Tap the Equity In A Commercial Property WITHOUT Refinancing!
Commercial Property Equity I wish we could take credit for this brilliant idea, but we can’t. So How Does one Tap into Commerical Property Equity without refinancing. One of our commercial lenders gave us the idea. Read on….. Reprint from Karen Schimpf May 11 You know the situation…..client owns a property that cash flows nicely…Read More
Do you Need to Close Your Commercial Loan by Year – End?
This is an article from one of our favorite Commercial Lenders As year-end nears, it is hard to believe but there is not that much time left to close loans for this year! There are only a few weeks left in the year to close loans….many times December is useless for many banks. In the world of…Read More
Small Value Stated Income Loans
We received an email this past week from one of our favorite lenders whose offering Stated Value Stated Income Loans. If you own some property with some equity and want to cash out then read on and then contact our friend Karen Schmipf SMALL BALANCE STATED INCOME LOANS ARE BACK! We can do small-balance…Read More
4 Rules Landlords Must Follow to Get Through the Pandemic
I wish we could take credit for writing this but we can’t. Great article from Mark Ainley of GC Realty and Development LLc April 18 2020 Bigger Pockets Reprint Author: Mark Ainley It’s doubtful anyone in the world will make it to the end of the summer unaffected in some way by the COVID-19 pandemic.…Read More