For the fortunate few that have cash, but does not have good credit you can still buy a home.
If you have 50-55% down payment you do not have to worry about getting a loan. We have Private lenders that will approve 1-3 years interest only terms and you don't have to worry about Credit nor Qualifying...
Take advantsge of the great deals out there.
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Senate Banking Committee Chairman Chris Dodd (D-CT) asked regulators to investigate accusations that several mortgage servicers participating in the Home Affordable Modification Program (HAMP) violated program guidelines.
At a hearing chaired by Dodd last week, Diane Thompson of the National Consumer Law Center testified that several participating servicers demanded upfront payments in advance of review or trial modification, denied aid to homeowners not in default, required borrowers to waive all claims and defenses before a review and foreclosed on homes still pending review by HAMP.
See full article : Housingwire.com
The good news is that there are new regulations coming around the corner on credit card companies that will preclude them from raking consumers over the coals on rates. The bad news is that those regulations don’t kick in until February of 2010. So in the meantime don’t be surprised if your credit card rates skyrocket to the 20% to 30% range as credit card companies scramble to make as much profit as they can from consumers.
If you have equity in your home and are saddled with too much credit card debt now might be a very good time to look at a cash out refinance to consolidate that credit card debt.
Don't loose another deal when you have equity but the bank wont help you.
Don't give up when your credit is not so perfect.
Don't give up when you cannot prove your income.
Check out some of the things we can do for you: SEE BELOW
No Credit Requirements
· Stated Income & Assets
· Same Day Pre Approval
· Get the $$$ FAST
· Brokers Welcome
· 1st, 2nd and 3rd Trust Deeds
· Cash out UP TO 60% LTV
· Investment Properties
· Residential Properties
· Commercial Properties
· Construction Loans
· O/O , N/O/O or 2nd Home
· FC / BK / NOD OK
· No title Seasoning NO PROBLEM
Don't let the limitation of the Banks STOP your chances of making Money.
I have a Hedge fund source to help the Unusual borrower.
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