Not exact matches
Third and finally, the traditional story misses the real function of
private banks, which is to solve an information problem in the purest Hayekian senses. That is, banks are or should be specialists in risk assessment and risk taking. They should know their client, understand the local market and have their pulse on the broad economy. Arguably, if properly structured, they can and should
do this better than other entities such as governments. In other words, the proper role of banks should be underwriting —
lend money, hold the debt, and bear the risk. Which is a long - winded way of getting to the main point of this post.
When banks and other
private - market intermediaries acquire base
money, they
do so, not for the sake of holding on to it, as they might were they mere warehouses, but in order to
lend or otherwise invest it.
«Taking that logic one step further means that student loans from
private lenders can be discharged in bankruptcy if they were made to students who didn't attend an accredited program or were
lent more
money than the cost of attendance.
Private lenders
do not consider credit score when
lending money.
If you don't know what
private institutions
lent you
money, contact your college's financial aid office.
«One other thing I've
done, is I've called on
private sector mortgage banks and banks to be more aggressive about
lending money to first - time home buyers.
While credit
does play a role,
private money is
lent to you based primarily on the viability of your project.
While the VA
does not
lend money for VA loans, it backs loans made by
private lenders (banks, savings and loans, or mortgage companies) to veterans, active military personnel, and military spouses who qualify.
I'm certainly going to enjoy your software I previously spend thousands of dollars with a different company I
did not get near training or the product that you are offering here at the great price you have offered I've been well over a year now I have recently become a
private money broker but that was due to the company that I purchased my real estate investment education from but the resources that you offer is great I would have had to spend thousands more for this software I think I will have a better opportunity now to fulfill my dream and real estate investment for fixing and flipping homes I have Ben in the Home Building business sis 2000 and have built over 800 homes around the Masters in Augusta as a superintendent and general contractor but I believe this will help me on my new adventures in real estate investment I thank is it a great software and if you have anything that can help me along the way with my
lending business I am a
private money lender and the owner of Northstar Capital
Lending newly in buisness thank you
FYI, I don't know who you network with, but if you are looking to make a profit, you have a better chance being a bank and
lending the
money out as a hard
money or
private.
* disclaimer — The loan terms and definitions above are in no way a commitment to
lend, please
do your own research and seek legal counsel when seeking a hard
money loan if you are unfamiliar with commercial hard
money /
private lending practices.
Remember, CalHFA
does not
lend money directly to consumers, but rather purchases loans from
private direct lenders that originate loans who insure borrowers meet the CalHFA's specific loan guidelines.
Remember, CalHFA
does not
lend money directly to consumers, but rather purchases loans from
private direct lenders (like us) that originates and underwrite loans that meet CalHFA's specific loan guidelines.
The VA
does not
lend money but guarantees loans made by
private lenders.
If it's a true
private lender (as in they don't
lend money as their profession) then you will need to provide that paperwork.