Articles

A Mortgage Advisor : Hard Money Loans for Real Estate

by A Mortgage Advisor Home Loan For Bad Credit
We have hard money loans available for real estate purchases including residential, commercial, industrial and land. If you are an investor or other real estate buyer that cannot qualify for traditional financing a hard money loan may be just what you need. Visit my website AMortgageAdvisor.com. We are your complete source for real estate financing, home loans and home mortgages. We have a variety of home loan and other real estate loan solutions available; most credit will be accepted for our real estate mortgages and home loans.

If you find there are no bad credit home mortgage loan available for your situation another solution is to try looking for a property owner that wants to sell and is willing to work with you in a seller-financed transaction. Many buyers find working directly with property owners to be an effective solution for their credit score.




Taking on new debt can be helpful once you have had time to start repaying the debt. If you are applying for low credit score home loans you should avoid taking out new debts. There are two reasons: 1) taking on new debt can affect your debt to income ratio which can prevent you from qualifying for low credit score home loans and 2) applying for new credit results in a credit inquiry which will usually home loans for low credit scores in the short term.

Make sure your personal and business tax returns are current and up-to-date. Also be sure to have current business financial statements or at a minimum a profit and loss statement or income statement. Lenders will want to see that your business income is stable. Current income tax returns and financial statements can help document your business income stability making you a better loan candidate in the eyes of home lenders.

home loans for self employed are easier to obtain if you have a larger down payment. You can show lenders you are financially stable and capable of taking on a mortgage by making a larger down payment



We can work with multiple projects, low down payments and other difficult loan situations. Hard money loans are a perfect solution if you find yourself unable to qualify for a traditional real estate loan. Hard money loans can be used whether you are a home buyer, home builder, real estate investor or developer. If you are ready to apply please complete the pre-approval form below and our home loan officers will contact you directly.


Sponsor Ads


About A Mortgage Advisor Junior   Home Loan For Bad Credit

0 connections, 0 recommendations, 11 honor points.
Joined APSense since, January 7th, 2014, From NY, United States.

Created on Dec 31st 1969 18:00. Viewed 0 times.

Comments

No comment, be the first to comment.
Please sign in before you comment.