Sentences with phrase «offer second lien»

In addition to senior debt, we offer second lien loans as a subordinated financing solution to increase your leverage.

The hang - up for many short sellers has been second liens, but the new government program gives first lien holders incentives to share and offers second lien holders and investors a $ 6,000 cash incentive.

Not exact matches

There are many other solutions offered, that are frequently adjusted to keep up with rapidly changing economy, such as financial incentives for people with good track of mortgage payments, foreclosure alternatives, second lien modifications, and so forth.

Nationwide Mortgage Loans offers second mortgage loans that are secured by a lien on your home.

Most lenders have stopped offering second mortgage programs but our second mortgage lenders continue to extend credit to people with second liens that meet the program parameters.

The Save Our Home AZ («SOHAZ») Program offers Principal Reduction Assistance, Monthly Mortgage Subsidy Assistance for under and unemployed Arizonans and Second Lien Elimination Assistance to qualified Arizona homeowners.

Malcolm has extensive experience representing lenders and borrowers in secured and unsecured debt financings, including syndicated senior bank credit facilities, first and second lien financings, asset - based (ABL) credit facilities, mezzanine and other subordinated debt financings, debtor - in - possession financings, public and Rule 144A debt offerings, and convertible debt transactions.

Paul, Weiss client The Bon - Ton Department Stores, Inc. completed an offering of $ 350 million of 8.00 % Second Lien Senior Secured Notes due 2021.

Sunlin says the bank's program gives troubled owners «a preapproved solicitation for a short sale» along with proactive processing of all the required steps: «appraisals, review of financials, investor approvals, mortgage insurer approvals, second - lien approvals — all of these can be done while the property is being marketed,» he says, «so when an offer is brought to the table we can do a much quicker turnaround.»

-- Freddie Mac and Fannie Mae will offer up to $ 6,000 to second lien holders in order to quicken the pace of a short sale.

The ease at which lenders have offered to finance all or most of the purchase price, second mortgages that place a lien against the homeowner's equity, a depreciating real estate market, and long term financing with minimal principle reduction have all contributed to this phenomena.

CHF 3 % ACCESS Down Payment Assistance — CHF ACCESS offers 3 % down payment assistance in the form of a second lien.

► Fannie Mae and Freddie Mac will offer up to $ 6,000 to second lien holders to expedite a short sale: Previously, second lien holders could slow down the short sale process by negotiating for higher amounts.