Owner occupied hard money loans
[DOC File]Borrowers Acknowledgement and Agreement
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The property is owner-occupied or reasonable circumstances exist if it is not. The loan is at least 2 months delinquent. The house can sell within 3 to 5 months. A new appraisal (obtained by your lender) shows that the value of your home meets HUD program guidelines.
[DOC File]Executive Summary
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# of Units Occupied: “As Is” Value: Stabilized or After Repaired Value: Subject Property Gross Monthly Rents/Income: Yearly Expenses: Net Operating Income: Transaction Information (SBA, Hard Money, Bridge, Conventional, etc.) Loan Type: Executed Purchase Agreement/LOI Available: Close of Escrow Date: Due Diligence Deadline Date: Expected Terms:
[DOC File]PART I: MORTGAGE LENDERS AND MORTGAGE LOANS
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Unknown to the Bank, in February 1995, owner borrowed 100,000 from Mortgage Lenders, Inc. (MLI) on a ten-year, non-amortizing basis, giving a mtg to MLI – which had not yet recorded its mortgage when Bank and Owner worked out their deal. MLI recorded in May 1998. Owner now defaults on the loans held by both Bank and MLI.
National Commercial Property Loans Inc
Exit Strategy (if Hard Money): Has loan been submitted to any other lenders? Has loan been turned down by other lenders? Reason for denial? Submitted By: John Caperton – President. National Commercial Property Loans Inc. (toll Free) : 888-640-3444 Efax: 866-257-9609. Email: johnc@ncploans.com. www.ncploans.com
[DOC File]Types of LENDING Transactions You Can ... - …
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Types of LENDING Transactions You Can Perform for only $1,000 tuition and $350 per month territory rights affiliate.. One of the main advantages of our program is the wide variety of commercial financing products and instruments you will be able to offer your clients.
[DOC File]Larry: Welcome to the Wednesday Night Brain Pick a Pro ...
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WENDY: The hard money loans and the rehab loans are the quickest. You are looking two days to a week to get it closed. ... Now we can re-finance non-owner occupied loans and purchase money loans for people as low as 580, with a 580 credit score. LARRY: That gives you a cushion though, doesn’t it?
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