Loan Assistance Information (Questions and Answers) for Lenders, borrowers

Payday Loans – The Best Option in an Emergency

admin — Thu, 10 Mar 2011 14:38:27 +0000

If you need additional funds till your next paycheck, the easiest way is apply for an online payday loan. Online companies that provide payday loans can approve your application very quick so that you can get the required amount of money within a short period of time.
As a rule the need for extra money appears when you don’t expect it. You might require money for repairs of your automobile, urgent medical or other expenses. Those are the reasons why people need a loan till the next payday. Application and approval for obtaining the payday loan is a quick and easy process due to the convenience of the internet. Online payday loan companies are providing favourable rates and a month to repay. To obtain the loan you need to answer a few questions about your employment and banking information, sometimes it necessary to fax some documents to get approved and get your money.
Obtaining a payday loan is an easy that makes it possible for you to deal with your current financial problems. 30 days is a term given by online companies to make repayment of your loan. The application is very easy and quick. First your personal information is checked and after that you get approved to obtain your loan. Favourable rates and easy terms of repayment make obtaining a payday loan an easy process. In most cases you can get the approval for a loan till your payday without the necessity to fax any papers.
It’s reasonable to look through and compare online companies that provide payday loans to find the best option. Approval is quick and you also have a possibility to prolong the term of repayment the loan as many as 30 days. Payday loans that are available online can be the best solution to your urgent financial needs and partial payment of the loan can be maid. A number of companies can deposit the money you require into your account on the day of application.
Getting the payday loans, you don’t need to go through a credit check. So, even in case your credit is not perfect, you can still get the payday loan. The payday loan is based on your employment confirmation.

need help placing 3 loans

admin — Thu, 03 Mar 2011 11:59:30 +0000

I have two small second mortgages I am having difficulty placing, and one first mortgage. Number One is a 95% 2nd position, 586 middle score with no lates in last 12 months. Hitch is borrower had a BK in 1995 and a $190 tax lien in 1998, which is paid. Also had some small medical collections. Modular SFR owner occ. #2 challenge is also a small second 100% in file 568. Problem is two-fold, I only have 13 months seasoning with no verifiable prior rental history (lived w/ mother in law), and I need to use a co-borrower (father) who IS on title but DOES NOT live in this home. He is also the co-borrower on his existing 1st mortgage. SFR Owner Occ. #3 is a first mortgage owner occupied SFR STATED 95%LTV with 607 fico. All properties are in the state of Ohio, and I would prefer to use a FSB on the second mortgages so they can pay me.

commercial loans in Illinois

admin — Sat, 25 Dec 2010 05:58:28 +0000

Happy holidays everyone!
I have a client in Illinois who wants to purchase two (2) properties:
1. 6 unit residential property: 100% leased
2. mixed use: 5 apartments with commercial space occupied by a church.
I have current year’s income and expense statement for each property from seller. Any and all suggestions welcome. Please include contact numbers or e-mail addresses if you know it. Looking for fast turnaround; lowest downpayment available. Buyer/seller ready to close immediately. Thanks!!!

I do BAD AND UGLY LOANS..

admin — Sat, 09 Oct 2010 06:21:29 +0000

I do BAD AND UGLY LOANS……..but I think I have one that is going to be a MAJOR challenge;
State: Colorado (no license needed)
Refi:
Ficos: 466 & 432
Many scary things in file. Client says it is because of illness. My experience has taught me to “drop kick” this one……but thought I would give you all a chance to comment. I thought that telling him to go bankrupt. Also, try a bail out investor on a foreclosure. ANY THOUGHTS?????