Category: Funding
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Chicago First Time Buyers Down Payment Assistance for 2-4 flats
Household grants from $10,000 to $40,000 Available from City for First-time purchasers of owner-occupied Two-Four Unit Buildings. The City of Chicago has an unusual amount of two and four-unit owner-occupied buildings in the many interesting, livable neighborhoods that offer parks, recreation, ethnic restaurants, and a sense of local community. Owning a two to four-unit building…
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Private Lender Investment Property Loans
Private lenders and hard money lenders have fueled our economy while conventional banks still continue to stay on the sidelines for investment property loans. What has become evident is that there is so much demand in the market for private money that it’ a great window of opportunity for investors to particpate and earn…
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Loans for Multiple Investment Properties
Multiple Investment Property Loans The housing bubble and subsequent credit crunch has made underwriters ultra conservative in how they evaluate residential investment property loans. Are you a borrower that wants to refinance or purchase, but is having trouble because you already have 4 financed properties? If this describes you then take comfort in our new…
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Real Estate Buyers & Investment Loans
The real estate investment loan market has under gone a fundamental reset after the economic crash. Out are the loose underwriting guidelines that helped perpetuate the real estate bubble and in are very conservative conventional underwriting criteria for funding of investment real estate. Gone are the low money down and highly speculative option arm and…
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Refinance Upside Down Property
The Federal Housing Finance Agency has extended the government’s Home Affordable Refinance Program by 12 months. HARP’s new end date is June 30, 2011. Originally known as Making Home Affordable, HARP aims to help homeowners refinance their mortgage who may otherwise be ineligible because of falling home values. There are 4 basic HARP criteria every…