hard money lender 2nd mortgage <85% – Mortgagefit – hard money lender 2nd mortgage <85%. Anonymous. Posted on: 01st Nov, 2007 03:42 am. needed is a short-term (2 to 3 years) 2nd Mortgage, but loan amortized longer for 30 years, of $30K – $50K to payoff all debt and renovate home. good employment history and income, but recent divorce has.
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Hard Money Lenders Second Mortgage Lender – Mortgage. – creative hard money LLC is a ARV Rehab Lending In New York City and Rental property loans In New York NYC, New Jersey NJ, Pennsylvania PA money lender broker.. the second mortgage is the second loan that is taken on the already mortgaged property.. Secure option- This is a very secure loan.
Do Private Lenders do Second Mortgages? | Private Money Blog – Question submitted by a Mortgage Loan Officer in Santa Rosa, CA. Q: Can you do a hard money 2nd lien for an owner-occupied single family home? A: The short answer is no. We can do stand-alone (new) 2 nd loans behind an existing mortgage.
Can You Do an Owner Occupied Hard Money Second Mortgage? – FCTD – Another redeeming feature to these hard money second mortgages that we’re closing is that the Combined Loan-To-Value (CLTV) is usually less than 65% CLTV. This means that if the home is worth $1,000,000, the combined balance of both the first and proposed second mortgage is $650,000.
Michael Estrin: For PITI’s sake: Mortgage acronyms defined – If you’ve ever shopped for a mortgage, you’ve probably been overwhelmed by an alphabet soup of acronyms that seem to be designed to confuse the borrower at every turn. The lingo is complex, but the.
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Hard Money Mortgage Programs – allcityservices.com – Hard Money Mortgages hard money mortgages refers to mortgage money that is borrowed at a high rate of interest, usually because the borrower has credit problems, or is not a bankable borrower due to an unusually high amount of credit card debt, etc. Sometimes because the borrower needs money faster than a bank will give it.
Hard Money Loans – Private Money Loans – Sun Pacific Mortgage. – A hard money loan is simply a short-term loan secured by real property and funded by a private investor(s). The terms are generally 12 months, but they can be extended.. commercial and some land may be a candidate for a hard money loan. Sun Pacific Mortgage is one of the few California hard.