Comments for Commercial Second Mortgage Blog

Comment on Loan When Should You Apply And Obtain It by WynnonaXandra

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Comment on Loan When Should You Apply And Obtain It by drewloannow2020

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Comment on Loan When Should You Apply And Obtain It by WUexp

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Comment on I have low credit but GREAT collateral. Can I find a home mortgage? by chatsplas

chatsplas — Wed, 18 Jan 2012 09:17:59 +0000

Suggest you go to home seller and ask them to carry the mortgage for you or to give you a Rent to Own Deal–get it drawn up by YOUR attorney in either case

If you did NOT open the credit cards, did NOT sign them, they are NOT your debts. Have you notified the credit card companies in writing of this? Have you discussed this with your divorce attorney?
References :
real estate investor

Comment on I have low credit but GREAT collateral. Can I find a home mortgage? by Latin Techie

Latin Techie — Wed, 18 Jan 2012 08:29:59 +0000

You can raise all of the house money on the commercial property and just use that property as security. There are some good commercial lenders whom will do that for you.
References :

Comment on I have low credit but GREAT collateral. Can I find a home mortgage? by godged

godged — Wed, 18 Jan 2012 08:09:59 +0000

Unfortunately no one is going to want to loan to you. You are not alone on this, there are plenty of people with two of the lender big three: good credit score, assets, employment history documented/income, but if you do not have all three, no one wants to issue you a mortgage.
References :
Oregon Realtor

Comment on I have low credit but GREAT collateral. Can I find a home mortgage? by Glenn S

Glenn S — Wed, 18 Jan 2012 07:26:59 +0000

There is a good chance that a bank would lend you the money if you put up both your commercial property and your new home as collateral. It wouldn’t be a home loan, but a business loan. The terms wouldn’t be has good, higher interest rate and a shorter duration.

A normal government insured homeowner loan is not going to happen.
References :

Comment on I have low credit but GREAT collateral. Can I find a home mortgage? by Work

Work — Wed, 18 Jan 2012 07:13:59 +0000

You can EASILY get financed form places like the company I work for. I know that if you at least have employment, or you are unemployment and getting an income or on welfare you can still get a mortgage but only from places like this: http://tinyurl.com/75owsyn
Click the ‘Local Foreclosures’ link near the top to get access to the mortgages and foreclosure listings.
References :
http://tinyurl.com/75owsyn

Comment on What is the difference between commercial loan and business loan? by Caryn

Caryn — Fri, 13 Jan 2012 09:25:59 +0000

Commercial loans generally refer to the real estate in which the business is going to operate. Business loans generally refer to the lending of general expenses for that business to operate. A restaurant for instance could have a loan for equipment and employees as a business loan and simultaneously own the property and have a second business loan. Loans are generally tricky and should only be approached with the assistance of professional advice.
References :
http://www.orbitbusinessloans.com/

Comment on Mercantile Capital Corporation loans for Small Business Owners by startupbuildervideos

startupbuildervideos — Mon, 02 Jan 2012 22:12:24 +0000

Hey #UN#, your …
Hey #UN#, your video has good content, but I am not sure I totally agree with it…