Located in: Minneapolis, Minnesota Brokering loans in all states all types … (0 comments)
hard money: 100% Financing
- 03/28/08 02:55 PM
Lately I have got several questions from borrowers and real estate agents about 100% mortgage financing in MINNESOTA.100% Mortgage Financing is difficult but possible!However, CREDIT is more important. Less than 1 year ago I could get financing up to 100% for individuals with FICO scores as low as 526. Now, you need a minimum of a 620 FICO and 640, 660 or 680 FICO will make it easier.If you have issues with your credit or the credit of your buyers visit us at: CREDIT RESTORATIONMortgage Finance in Minnesota is changing everyday. It is important to keep up to the minute with … (0 comments)
Located in: Minneapolis, Minnesota Brokering loans in all states … (0 comments)
hard money: Hard Money in Minnesota & Wisconsin
- 02/05/08 01:12 AM
Hard Money With home prices and interest rates down there are a lot of people looking for Hard Money. What I have seen the most of is residential rehab hard money requests. It seems with all the bank foreclosures many investors are buying up properties. How Residential Hard Money Works: Property and Rehab costs must remain under 60% of the "As Completed" Value. Many lenders and brokers are advertising LTV's up to 70%. Realistically money is borrowed at up to 65% LTV but this must include the fees. Fees on rehab hard money can be as high as 5% to 10%. It does seem … (8 comments)
hard money: More BLOG Topics
- 12/26/07 12:56 AM
Good Morning ALL! I hope everyone is enjoying the holidays. Lately, I haven't been blogging as much as I would like. Some days I just can't think of a topic. I would like to start blogging about things that take a little bit of research to blog on accurately. If any of you out there on ActiveRain would like questions answered about commercial or residential finance please leave the topic in the comments on this blog. Thanks in advance! Mike Dickson Your Trusted Finance
hard money: Private Money (COMMERCIAL REAL ESTATE)
- 11/29/07 12:48 AM
We Provide Hard Money Financing for Commercial, Non-owner Occupied Properties and some Residential Properties!What is Hard Money: A hard money loan is a specific type of financing in which a borrower receives funds based on the value of a specific parcel of real estate. Hard money loans are typically issued at much higher interest rates than conventional commercial or residential property loans and are almost never issued by a commercial bank or other deposit institution. Hard money is similar to a bridge loan which usually has similar criteria for lending as well as cost to the borrowers. The primary difference is … (0 comments)
hard money: Hard Money Questions
- 07/21/07 11:39 AM
I would like to here from: - Borrowers looking for HARD MONEY - Hard Money Lenders - Brokers getting Hard money deals closed
What are your experiences? What are your questions? Share your successes. Share your failures.
Hard Money loans are one of my specialties and I always like to hear other point of view.
There is always something to learn, nomatter how long you have been in the game. … (3 comments)
hard money: What we do... Commercial, residential and hard money financing
- 05/30/07 12:27 PM
Please find listed below areas where we may be of assistance to you: A. Real Estate Services 1. New Construction Financing 2. Land Development Financing 3. Purchase Mortgage 4. Refinance MortgageB. SBA Consulting C. Equity Finance D. Hard Money FinancingWe are available to meet with you whenever the opportunity arises. We think of myself as a "Deal Makers" and want to provide you with the best possible service. We look forward to working with you to achieve spectacular results and create customers for life. Best Wishes!Your Finance and Mortgage Team 612.235.7474 ddickson@ghsllc.com
… (1 comments)
hard money: Local Commercial Hard Money in MINNEAPOLIS
- 05/22/07 02:09 PM
Today I sat down with one of my best HARD MONEY lenders. He told me that he had plenty to lend out for local deals. Plenty means, there is no limit if the deal is right. Both the lender and I are located in the Minneapolis Metro. When he said local, he meant MN and WI. I work with many out of state lenders. Right now I am focusing on local business. We can get the tough deals done! If any of you out there need HARD MONEY, know somebody in need of, or want to understand HARD MONEY, please contact me. Here is some information on HARD MONEY … (0 comments)
Commercial Hard Money Commercial hard money is similar to traditional hard money, but may sometimes be more expensive as the risk is higher on investment property or non-owner occupied properties. Commercial Hard Money Loans may not be subject to the same consumer loan safeguards as a residential mortgage may be in the state the mortgage is issued. Commercial hard money loans are often short term and therefore interchangeably referred to as bridge loans or bridge financing. Commercial Hard Money Lender or Bridge Lender Programs Commercial Hard Money Lender and Bridge Lender programs are similar to … (0 comments)
hard money: What is HARD MONEY
- 04/18/07 04:33 PM
What Is a Hard-Money Loan? Hard-money loans are mortgage loans that are offered by private individuals rather than financial institutions, such as banks or credit unions. These individuals are known as "hard-money lenders." Borrowers who do not qualify for mortgages through financial institutions often look to hard-money loans as an option. These borrowers usually have bad credit, insufficient income, or other factors that are considered undesirable to financial institutions. Property conditions may play a role as well, in why financial institutions categorize these borrowers as high risk. A hard-money loan may also be an attractive choice for borrowers who are behind on … (2 comments)
Hard MoneyPrivate MoneyBridge FinancingSo many names for the same thing...Are you sure Hard Money is the answer?Find out TODAY!;)
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