Generally you are describing a Hard /
Private money situation.
Not exact matches
They look at your credit score, job
situation but for
private second mortgages the equity in your home is the key factor in
private money lending.
Often, if you are in a tough financial
situation and need
money fast the best option is to look towards our friends and family for a
private loan.
That being said, if your financial
situation allows it,
private loan refinancing with the correct
private lender can also be a more effective
money - saving tactic because of the more competitive interest rates available.
This includes my Special
Situations Real
Money Portfolio, which tracks the transactions and performance of my son's Coverdell Education Savings Account that is mainly invested in «Going
Private» transactions.
Hard
money lenders in California offer a variety of benefits, but
private money loans may not be applicable for every
situation.
«If I run into people who have saved dogs from a very bad
situation but have no
money for training, I spend time volunteering and giving them free
private lessons in their home.»
o Some portion used to very selectively create tax incentives for
private investment in clean energy R&D, without giving
money away in
situations where an industry can afford to invest in its own R&D and where such investments would be attractive given higher energy prices anyhow.
Because their loans are secured by real estate rather than projected income,
private money lenders are more able underwrite loans in
situations where a property will not immediately produce profits.
I can help you get a mortgage for the lowest possible interest rate, help clean up damaged financial
situations, help with low to no down payment buying programs, rent to own,
private lenders and programs to help pay off your mortgage quicker and save you
money.