Foreclosure rates are on the increase all over the country, causing alarm. The market has also seen an increase in defaults and higher loan-to-value ratios are making it more difficult than ever before for borrowers to find refinancing. However, no matter how bleak things seem, there is still an alternative to foreclosure in the form [...]
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Hard Money Loan to Stop Foreclosure And Requisites
August 11th, 2010
davidguide According to the Mortgage Bankers Association, nearly a quarter of a million home owners face foreclosures every three months, across America. Sixty percent of the effected families wish that they knew better about the mortgage they were dealing with. Still, it’s never too late to understand your options in case of a foreclosure. Hard Money [...]
Hard Money Loan to Stop Foreclosure Immediately
August 11th, 2010
davidguide Hard money loans are specialty loan products, only taken on by investors who are willing to invest in high risk loans. The loan to value ratios are low, the interest rates are higher, the points or fees are typically much larger than other mortgage loans, and these types of loans are often due and payable [...]
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