A & A Funding Corp.; family-owned, direct hard money lender in Arizona since 1982. A leader in hard money & subprime loans for: owner occupied, investment, multi-property blanket, bridge & construction on residential and commercial properties. If you have been declined for a loan, call us for exceptional service, fast closing, and great loan programs.
Homeowners who sell their primary residence in a short sale or lose their home to foreclosure. and want to either move or simply move on are between a rock and a hard place. In my home town of Park.
Hard money loans are not appropriate for all deals. When purchasing a primary residence with good credit, income history, and there are no issues such as a short sale or foreclosure, conventional financing through a bank is the best way to go if the borrower still has time to go through the lengthy approval process required by a bank.
initial mortgage loan application government refinance program 2017 HARP – HARP-the Home Affordable Refinance Program-was created by the Federal Housing Finance Agency specifically to help homeowners who are current on their mortgage payments, but have little to no equity in their homes, refinance their mortgage – that is, they owe as much or more than their homes are currently worth – are eligible for a HARP refinance.when does fha insurance go away What is Loan Amount? definition and meaning – Definition of loan amount: The amount specified in the mortgage contract that the borrower agrees to pay back. The amount of points included and various.bankrate business loan calculator
Hard money loans CANNOT be on your primary residence. These private loans are in high demand today for a variety of reasons. Perhaps a property is available, but the interior or exterior is in rough shape so a conventional lender would not make the loan.
Residential Hard money loans private mortgage Residential Loans (Owner Occupied) These are loans made to individuals who are acquiring or refinancing a residential property, and occupy or intend to occupy the property, as a primary or secondary residence.
At vantex capital group, hard money mortgage lending is our primary business. We have been licensed in the State of California by the Bureau of Real Estate since 2003, and our President has been originating hard money mortgage loans for over thirty years.
Consumer purpose and owner-occupied loans are loans in which the borrower intends to occupy/live in the property for which they are obtaining the loan, as their primary residence or the loan is for a consumer purpose (bill consolidation, helping a family member, paying a tax lien) and is tied to any form of real estate.
Conversely, they can save money by being $1 down into. mortgage (HECM), is a special type of home loan for people over 62 years old. Borrowers can tap into a portion of the value in their primary.