Archive for the '125 mortgage loans' Category

Private Commercial Mortgage Lenders - Filling The Funding Gap - Investors Turn To Hard Money Lenders

Getting a Commercial Mortgage is Tougher Today
We are, indeed, in the midst of a significant and severe credit crunch. Conventional lenders, such as banks, Wall Street investment houses and insurance companies have greatly curtailed their lending activity. Even the very best investors and developers are finding it hard to get projects funded.

The collateralized debt market [...]

A Closing Day Surprise

New York State has the highest closing costs in the Nation. One of the main reasons for this is the New York State Mortgage Recording Tax. This is a fee paid by the borrower to the State and local government for the privilege of having a mortgage. It is always priced as a percentage of [...]

Private Hard Money Lenders And Working With A Commercial Mortgage Broker

Private hard money lenders are in the business of providing loans and loan services to people who require hard money loans (loans collateralized by real estate.) Private hard money lenders may be direct hard money lenders or brokers of hard money loans. Most private hard money lenders are, in actuality, brokers. Some private hard money [...]

Things To Do Before Applying For A Mortgage Loan

If you wish to buy a home, you need to consider your finances. When you want to apply for a mortgage, your credit score plays a good role in it. So, you need to check out your credit score if you plan to shop for a mortgage.
If you have a low credit score, do not [...]

Finding the Best Home Mortgage Companies - 6 Considerations

Whether you’re shopping for your first home or looking to refinance your seventh, you’ll likely also be searching for a mortgage lender in your area. However, mortgage research - to be effective - goes well beyond locating the best interest rate. So, keep reading for some criteria and factors to help you evaluate different mortgage [...]

Bad Credit Residential Mortgage

At Donna’s Mortgages, we have a track record for helping our customers manage their financial affairs responsibly, and assisting them in re-establishing their credit and stability.
We understand that, although many clients are capable and willing to take on the responsibility of a new residential mortgage, the criteria used by most, if not all, financial lending [...]

Advantages Of A Bad Credit Second Mortgage

Bad credit second mortgage offers relief to those who own a property and are in need of urgent cash despite their poor credit history. They can secure a loan against the equity that has built up on their home. Equity refers to the difference between the current market value of their home and their first [...]