Whenever a home owner refinances their mortgage they always want the best mortgage rates they can possibly qualify for. Although low mortgage rates are advertised all over the place qualifying for them is a little more involved then simply just applying and getting the loan. So if you are wondering what credit score is needed [...]
Posts Tagged ‘Credit Scores’
How to Obtain a Bad Credit Second Mortgage
Posted by admin on January 29th, 2010
We all know banks are not loaning money as easily as they used to when a loan is applied for. The fact is they are now looking much closer at credit scores before they make a decision on who qualifies and who doesn’t qualify for a loan. It is possible to get loans with bad [...]
Commercial Second Mortgages – A Way to Unlock Equity
Posted by admin on December 7th, 2009
Commercial second mortgages have historically been a very rare financing tool reserved for extremely strong borrowers, divided into two general segments.1. Owner occupant property owners with outstanding business finances. 2. Large sophisticated commercial real estate developments with minimum loan amounts beginning at $5 million. Typical project size would be $15 million plus.Both of these types [...]
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