Sentences with phrase «alternative purchase money loans»
Seller financed mortgages and alternative purchase money loans may have higher interest rates, so verify the affordability before making a commitment.
https://www.firsttimehomefinancing.com/ Not exact matches
Borrowers whose qualifications are lacking — or who are purchasing properties that need renovation — should consider alternative options, such as a bridge loan or a hard money loan.
If you do change your mind you'll need to pay back any money borrowed and return (or make alternative payment arrangements) any linked goods, eg, a cooker purchased with a store's loan.
As helpful side note, with any strategy intended to use an alternative beneficiary in order to limit estate tax liability while providing liquidity to the estate, you can encourage that beneficiary to use the money for the estate through loans or purchasing assets; however, this can not be a requirement or it won't pass IRS scutiny.
For buyers who are interested in adding development land to their portfolio in Colorado, private money loans through Montegra can be a good alternative to institutional lenders when making the initial purchase.