Archive for 'Home Loans' Category
Hard Money Loans – Short Term Mortgages
Hard money loans are capitalized by unconventional lenders who lend money out on the condition of real estate security. Their prime goal is make as much money as possible from the borrowers who cannot get approved by a bank. Some would call this dirty pool, and there was day when this kind of loan was [...]
Connecticut Mortgage Refinance
Connecticut mortgage and refinance options are available for many consumers iin the state. If your house has gone up in value since you bought it or if you have paid a substantial portion of the mortgage down you may have unused equity available that you can use to negotiate a refinanced mortgage.
Many Connecticut banks are [...]
Why Home-buyers Consider Accredited Home Loans
Accredited home lenders are usually private financing companies that provide sub-prime loans for some kind of property (house or condo). Usually these accredited loans are attractive to borrowers whose credit ratings are poor. If you have a FICO score (read What Your Credit Score Says About You – or Bad [...]
Home Loans – FHA/HUD 203K Rehabilitation Loans
What Is The FHA-203K Rehabilitation Loan?
The FHA (Federal Housing Administration) 203K Rehabilitation Loan is arguably one of the smartest federal loan programs ever launched, and is a branch of the Housing And Urban Development department. By using an FHA approved lender you may be able to qualify for a 203K rehab loan – which is [...]