Reverse Mortgage Lenders In today's economic climate, many seniors are finding themselves over exposed to the potential of bankruptcy. With many individuals 62 and over relying on fixed income, one emergency can leave them unprepared to cover their costs, thus forcing them into financial turmoil.
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03/15/2015
Reverse Mortgage Pros and Cons If you are 62 years of age or older, odds are you have heard of reverse mortgages and possibly have been approached by a lender offering their services to you in the field. Reverse mortgages can help guarantee that you stay in your home, but they may not be for ever
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03/10/2015
The Benefits of A Reverse Mortgage Loan A reverse mortgage by definition is a loan type where you pull the equity back out of your home and converting it into cash. You can get the cash in any one of the three ways; a stream of income payments kind of like a pension, a lump sum, or a line of cred
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03/06/2015
Why Stated Income Mortgage Loans? With mortgage lenders loosening their belts on lending requirements, millions of Americans now have the opportunity to enter into the real estate market through stated income mortgage loans. While the days of reckless lending are gone after the 2008 financial cri
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03/04/2015
Stated Income Lending While the real estate mortgage market forecasts and opinions are constantly in motion, one thing is true about the mortgage market today: stated income lending is becoming more and more prevalent. Reemerging as a popular alternative financing vehicle for lenders and borrower
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03/03/2015
How To Get a Reverse Mortgage Reverse mortgages are a great tool for people looking to take advantage of the equity they have in their homes. Many seniors today are faced with a collection of financial strains resulting from the cloudy economic climate. A reverse mortgage is a type of mortgage in
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03/02/2015
Private Lending: Stated Income Mortgage Loans The Federal Government recently announced that it plans to taper off its purchasing of mortgages on the secondary market. This decision has left those in the mortgage business very concerned on how this will effect mortgage rates. Following the subpri
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02/28/2015
Loan For Commercial Property When investing in commercial property, the race begins when you are forced to look for a loan for commercial property. Taking the conventional route through applying for a commercial loan through a bank will tend to be long and drawn out and usually are met with failu
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02/27/2015
Stated Income Loan Products The emergence of a higher number of self-employed workers has given rise to the return of the stated income loan products. These borrowers, unable to provide documentation such as tax returns and pay stubs, find it difficult to satisfy the income verification requireme
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02/27/2015
SBA-504 v. SBA 7(a) Loan SBA-504 v. SBA 7(a) Loan SBA-504 LOAN (Commercial Real Estate & Equipment)90% Fixed-Rate SBA 7(a) LOAN (General Purpose) ELIGIBLE BUSINESS SIZE • Business net worth not to exceed $15 million• Average net profit after taxes for 2 consecutive years not to exceed $5 million
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02/26/2015
