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Private Money or Hard Money loans in Spokane

By
Mortgage and Lending with Spokane Mortgage

Private Money loans in Spokane

Private Money loans in Spokane (or otherwise know as "Hard Money Loans" Can be a the only way out of a terrible situation for some borrowers. Life happens and sometimes it can lead to unavoidable credit problems. A loss of job, or medical issues with lack of health insurance are common with Credit challenged people all over this great country.

If you have equity in your home, and your credit is poor, a hard or private money loan might be a way out. The Interest rates with hard money loans are usually very high (around 12%) and fee's are around 4 to 6%. But if you can pull enough cash out to work a Credit Plan, you could get back into a conventional loan in a matter of months. We have credit simulators that allow us to project what we can do to improve credit scores and how long it will take. Visit our website at Spokane Mortgage or call Scott at 509-951-4615

Anonymous
Joni

Do you ndo second mortgages? Do you do first mortgages for mobile homes? I have a free and clear double wide on 1 acre that needs a roof and carpet. I also have a home in Spokane for sale at $158,000. with a $80,000 mortgage, if I can do a second on that one or a first on the free and clear mobile to do the roof and carpet. I am a realtor and had a very high credit score until this last year, my debt load got too high for the current market, I have paid down much of the debt load and have good income but now damaged credit score. Please let me know if you can seriously help. Please make initial response to email address. Joni

Mar 11, 2009 04:05 PM
#1