Homeowners and real estate investors in Ocala FL are getting frustrated by trying to obtain conventional mortgage or home equity loans. They are tired of the waiting, being turned down for bad credit or other issues, or not getting any response from their lenders.
Florida homeowners may be lucky enough to have a paid-off mortgage, yet unlucky to have less than perfect credit when they want to apply for a home improvement loan. They get turned down by the banks who look hard at credit ratings or previous credit issues.
Refinancing your home is always a big decision, but it can be complicated by issues you may not understand. That’s why we will try to help you with nine things you need to consider before you refinance. Then we will tell you how AHL Hard Money Network can help.
Debt consolidation is the process of combining several debts into one. This can be helpful if you have debt which you have trouble keeping current or you want to take a lot of unsecured debts and combine them into a single secured loan.
Collateral loans are a common and useful way to borrow money because the borrower is using an asset to secure the loan. Examples of a collateral loan include securing a home mortgage with the home or buying a car with the car acting as collateral.
There are many reasons you can be turned down for a mortgage. Since the mortgage market crash in 2008, bank requirements to satisfy a mortgage have become more restrictive to prevent a reoccurrence of the market slump.
If you plan to buy a commercial residential property, it is important to understand the differences between owner and non-owner occupied properties and the effects those differences can have on financing.
Tampa Cash Out Refinance | Bradenton Bad Credit Refinancing Hard money financing is a valuable way to obtain funds from equity in a commercial property when conventional financing is not an option. The property owner may have a previous bankruptcy, foreclosure, or less than ideal credit that will get them turned down by conventional lenders.
A hard money loan is a legitimate way for business owners or others to obtain needed financing outside of the conventional bank loan process. There are many reasons why this might be necessary; self-employment, previous bankruptcy, less than ideal credit, or other reasons that would cause a rejection of a conventional loan.
Hard money loans are secured by real estate, so it can be a valid question whether a hard money loan could be secured without real estate involved. The best answer is “maybe.”
We do not issue approvals. We are a marketing and lead portal. You will be contacted directly by our private investors. They will call you directly to determine the value and equity in your home and to help you throughout the approval process. Each inquiry is on a case by case basis. Thank you.