Sentences with phrase «obtain conventional financing»

I'm currently in the process of changing jobs to a commission based job (hence why I can't obtain conventional financing).

If you do not expect your financial condition at the end of the lease - option term to have improved sufficiently to allow you to obtain conventional financing - than a lease - option probably is not the right path to take.

COMMEN TS: A direct private commercial lender specializing in providing bridge loans quickly to entities and businesses that can not obtain conventional financing from traditional lending institutions.

Coldwell Banker Village Green Realty v. Pillsworth (32 A.D. 3rd 568 [3rd Dept.]-RRB-- Order of the Supreme Court granting broker's motion for summary judgment affirmed; in the absence of an agreement to the contrary, the broker's right to a commission is not contingent upon performance of the underlying real estate contract, receipt by the seller of the sale price, transfer of title, or even a formal execution of a legally enforceable sales contract; seller could not utilize the provisions of a subsequently executed sales contract wherein seller agreed to pay broker's commission «if and when title closes» as a bootstrap to avoid her obligation to the broker under the clear and unambiguous provisions of the listing agreement as such language was contained in the contract of sale prepared by counsel and to which broker was not a party; provisions in listing agreement that seller would accept a binder or purchase contract contingent upon purchaser's ability to obtain conventional financing and provided any other contingencies in the binder or purchase agreement are acceptable to the seller speak only to the type of purchase offer that seller was obligated to accept and does not alter or otherwise qualify broker's right to a commission

«With our loan in place, it will be much easier for the borrower to obtain conventional financing for the project, now that the economy has turned and medical office and light industrial is in such high demand,» Good said.

To obtain conventional finance after a negative credit event, the borrower must wait between 2 and 5 years depending on the down payment size and the specific issue.

Those impressive figures indicate that less - perfect borrowers will have a hard time obtaining conventional financing.

More millennial homebuyers are obtaining conventional financing over FHA financing, relying less on government - backed loans, according to the latest Ellie Mae Millennial Tracker ™.

These are additional costs the seller would not be obligated to pay for someone obtaining conventional financing, so your offer should include a maximum figure for these repairs.

Not exact matches

We know that traditional funding options can be difficult to obtain, and some types of businesses don't always qualify for conventional financing.

People with poor credit who can not obtain a conventional loan through a bank will often overpay for a house that is offered for sale with owner financing.

If I obtain a 10 year land loan and but finance the build of a house with my own money will I be able to refinance that land loan into a conventional 30 year mortgage loan eventually?

Foreclosures, short sales, bad credit and bankruptcies are immediate red flags that will prevent a real estate investor from obtaining financing from a conventional lender.

FHA guidelines have always allowed lower down payments and looser credit qualifications than conventional financing; but during the freewheeling time before the housing bubble burst in 2003 - 2007, conventional loans were just as easy to obtain and many had zero - down - payment options so FHA loans were less popular.

This type of mortgage loan is offered to «rural residents who have a steady, low or modest income, and yet are unable to obtain adequate housing through conventional financing.»

FHA Loans also help home buyers with less - than - perfect credit scores obtain home financing, as the minimum credit score requirement is typically lower than other conventional loans.

The Conventional loan is one of the most popular loans for home purchase and refinance, and also has some of the strictest guidelines for obtaining mortgage financing after a negative credit event.

If you wish to obtain mortgage financing on a conventional loan after home foreclosure, you must wait seven to eight years after the foreclosure completion date.

USDA - In the past, many consumers that resided in rural areas had difficulty obtaining financing because most of the conventional lenders were not interested in extending credit in non-suburban or metro regions of the country.

Jim's advantages in this conventional financing approach are that he obtained additional capital for his new investment at a reasonable interest rate AND his equity appreciation on both investment properties will continue with the markets.

Second, energy projects must prioritize support for those first - time energy access investments that face the greatest challenges in obtaining conventional private financing.

VA loans will generally allow the veteran buyer with a lower credit score to qualify for an interest rate lower than a buyer with the same credit who's obtaining FHA / conventional financing.

This type of mortgage loan is offered to «rural residents who have a steady, low or modest income, and yet are unable to obtain adequate housing through conventional financing.»

An «Exchange First» parking structure may be a more viable option than an «Exchange Last» when you need to obtain conventional institutional financing on the like - kind replacement property.

Sometimes, buyers can't or don't want to obtain a conventional home loan to finance their purchase.