Sentences with phrase «equity loan in the name»

The property carries a home equity loan in the name of deceased relative.

Not exact matches

1) Seller takes out a home equity loan on the property 2) Decides to sell the house to another person 3) Files for bankruptcy protection (if he does makes sure he excludes the property) If the seller has a current mortgage on the house we recommend financing the property in your name with a lender within two years.

Financing professionals at the company work with some of the biggest names in the industry, including the Federal National Mortgage Association (FNMA), Federal Home Loan Mortgage Corp (FHLMC), and Sovereign Wealth Fund placements for debt and equity.

Banks rely mainly on credit score when approving loans but as the name suggests, you get a home equity loan based on equity left in the property.

It is a different kind of loan that gives you a shot at a bright financial future utilizing the equity in assets under your name.

Approval for such a loan depends on equity, as indicated in the name.

Mr. Amter then founded the predecessor to Montegra (Equity Mortgage Investors) in 1971, as part of his strategic plan to provide «jumbo» private capital commercial and investment purpose residential loans to borrowers, before changing the company's name to Montegra Capital Resources, LTD..

What would be nice is if I could find a bank that would do an LOC or Equity Loan on an investment property (owned in my name or an S Corp) so I could pull some of the equity out in a couple of my properties to use toward the purchase of even more than the 3 or so a year I can buEquity Loan on an investment property (owned in my name or an S Corp) so I could pull some of the equity out in a couple of my properties to use toward the purchase of even more than the 3 or so a year I can buequity out in a couple of my properties to use toward the purchase of even more than the 3 or so a year I can buy now.

What I find is the best situation for a lease option is when the person has little to no equity or is upside down... the place needs a lot of repair work that they don't have money for... they have no desire to be a landlord... and they don't need to buy another house anytime soon so it's not problematic to leave the loan in their name for the duration of your lease option period.

I am married or was previously married, and I am applying for a mortgage loan or home equity line of credit in my own name.