Conventional lenders, such as banks and credit unions, require
a lengthy qualification process with confusing terms and conditions.
Not exact matches
Although
qualification can be a
lengthy and demanding
process, the work is highly respected, globally recognised and extremely well remunerated.
Employers look for candidates who are confident in their abilities, as well as motivated, as the
qualification process is difficult and
lengthy.
You do escape the
lengthy application
process it normally takes to purchase, and the extremely tough credit
qualifications — which of course can make the difference between getting a deal, or not.
You enhance your negotiating position with the seller and get to bypass the rather
lengthy loan
qualification process, which helps to close the deal quickly.