Lender purchases Renaissance Bay in sheriff’s sale

Lender purchases Renaissance Bay in sheriff’s sale Fort Wayne-based Star Financial Bank, which is trying to recover some of the more than $23 million it loaned for the condominium project, submitted the only bid for it on Wednesday. The bank said several potential buyers are interested in the property. Read more on Indianapolis Business Journal

When the Seller Is the Lender – Mortgages

When the Seller Is the Lender – Mortgages Owner-financed deals can provide sellers with interest income while helping buyers unable to secure a convention bank loan. Read more on New York Times

Hard Money Lender Funding: Mortgage Pools and Mortgage Funds

This video will describe how hard money lenders, hard money brokers and real estate investors can raise private capital and obtain investor money to fund loans.

Mortgage FAQ #1. What does a lender look at when I apply for a mortgage?

In this short video, we answer one of the most frequently asked mortgage questions of all and that is what does a lender look at when I apply for a mortgage? We cover the 4 Main Factors of mortgage home loan underwriting to give you a better understanding of how you are judged when applying [...]

Bad Credit Home Equity Line Of Credit? Choosing The Right Lender

A home equity line of credit allows you to draw on your home?s equity without having to pay for closing rates. For those with bad credit, credit secured by your equity can provide you with low rates. Using your credit wisely, you can use a line of credit to reestablish a good credit rating. However, [...]

When shopping for the best rate on a home equity loan what are the key questions to ask the potential lender?

What are the alternatives after being denied a HELOC / Home Equity Loan from a Sub prime Lender?

Lets assume that you were denied for cashflow concerns or poor credit and that you had roughly 50K in equity in the home and you needed a loan for around 5-10K. In addition what type of rates would these alternatives charge? The reason I ask is bc I understand that sub prime lenders denied loan [...]