Getting sales closed today might require buyers to look at options
other than traditional mortgages.
Not exact matches
Generally, though, it's harder to qualify for a
traditional mortgage than other types of commercial real estate loans.
Mortgage - backed investments, unlike
traditional debt investments, are also subject to prepayment risk, which means that they may increase in value less
than other bonds when interest rates decline and decline in value more
than other bonds when interest rates rise.
They tend to focus on high credit scores rather
than other factors that
traditional lenders ask for and they can help you with Personal loans, Student loans, and
Mortgages.
They are no more «complicated»
than traditional forward
mortgages or
other forms of financing.
In
other words, I found the cash out refi
mortgage process to be only marginally more difficult
than traditional purchasing financing.