Hard Money in Pawtucket RI. Real Simple Message Here. If you have a property or project that doesn't quite fit in with a bank but has a strong amount of equity, a private lender might be a good option for you. My office works with hard money lenders looking for the following scenario's... *Fix & Flip. *Fix & Fill. *New Construction. *Rehab.
Generally there are down payments expected based on the actual project and figures. Most times, the cost of the repairs and rehab can be built right into the loan and you can draw these funds as need be.
If you have a project in Pawtucket, East Providence, … (0 comments)
I just wanted to highlight a niche product offered by one of my offices lenders. This is for a mortgage product that does not verify income stated on the mortgage application. This could be a good option for a client who lists a lot of deduction's on their tax returns. This could also be a good option for someone looking to speed up the approval process by reducing the amount of information to process and underwrite. Here is a general overview of what the lender requires... 650 minimum score. 30 year amortization. 3 or 8 year ARM … (0 comments)
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