So, what did you do or going to do with your rebate? Personally, I've already received mine. It will cover my electric bill, my gas bill, and perhaps grant me a few Happy Meals down the street and maybe a cold case of Arizona Green Tea:-) While I always appreciate a few bucks thrown my way, I'm not sure how much of a stimulus this package will be for our economy.
While this recent economic stimulus package rebate of $600 will be enough for some, others have bigger dreams and bigger needs. Like paying for college, home renovations or finally getting rid of those pesky high interest credit cards. For those that do, there are different solutions - cash out loans with reasonable guidelines to really help you get the money you need - and get it in days, not months.
Now, Non-Traditional or Sub-Prime Loans have gotten a bad rap within the Industry & the Media....some of that 'Rap' very warranted. Yet, there are plenty of folks who don't fit into Conventional Guidelines or who can't qualify for government loans such as the FHA or VA. Where are those folks to go? A lot of those folks always pay their mortgage on time, have a decent amount of equity in their home, yet get turned down for these types of loans. In my view, there will always be a market for Non-Traditional or Sub-Prime Loans. Always. It is vital for you as a consumer to contact a Mortgage Professional who can explain the different programs currently available and together decide what is the best program for your particular needs.
Cash out guidelines we have available:
• $100,000 cash out up to 85% LTV (Loan compared to the value of your property) and full income documentation
• $100,000 cash out available up to 80% LTV with bank statement programs to document your income for those who may not get W-2's or Pay-Stubs.
• Cash out exceptions considered at lower LTVs
• Mortgage lates allowed
• Loan amounts up to $750,000
Let First Choice Equity Group get you the cash you need, when you need it. Feel free to contact me today and let's make it happen.
610-439-2166 ext. 229