AMI Lenders Inc. (a Houston based hard money lender for over 25 years) has successfully financed many homes known as “bridge loans”.
Posted by Jim Emerson
Oct 21, 2016 11:16:25 AM
AMI Lenders Inc. (a Houston based hard money lender for over 25 years) has successfully financed many homes known as “bridge loans”.
Topics: Hard Money Loans, Bridge Loans
Posted by Jim Emerson
Sep 7, 2016 12:20:27 PM
My entire working career (over 5 decades) has been lending money. I’ve reviewed hundreds of thousands of loan applications and, as a commercial lender, I have loaned in excess of a billion dollars to individual and corporations.
Topics: Hard Money Loans
As a commercial hard money lender, we understand the importance of one’s FICO score. Therefore, we want to share our experience and how one can increase their FICO scores to improve their chances of getting a hard money loan.
Topics: Hard Money, Hard Money Loans, hard money lenders
Posted by Joe Emerson
Jan 25, 2016 11:41:00 AM
Are you tired of having your loans turned down by hard money lenders? Hard money lending is an essential tool for many real estate investors and presenting your loan to a hard money loan officer is much like first impressions – you only have one shot. The following are “must do’s” when applying and preparing a loan package for a hard money lender:
Topics: Hard Money Loans, Residential Loans, Residential Investment Loans
Posted by Jim Emerson
Nov 10, 2015 1:00:00 PM
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Every investor’s goal is to “buy low” and “sell high” but that’s easier said than done.
For borrowers that depend on hard money lenders to finance their dream home, the time to buy may be now. Hiring at U.S. companies accelerated in October helping to lift wages and clearing the path for the Federal Reserve to raise interest rates in December 2015.
Topics: Hard Money, Hard Money Loans, Residential Loans
Posted by Jim Emerson
Oct 14, 2015 9:00:00 AM
Topics: Hard Money, Hard Money Loans, hard money lenders
Posted by Jim Emerson
Sep 17, 2015 8:30:00 AM
ABILITY-TO-PAY
On January 10, 2014 the Consumer Financial Protection Bureau’s “Ability-to-Repay” law went in effect. This law governs residential hard money loans and lenders as well as residential investment and subprime mortgage loans and lenders.
Topics: Hard Money Loans, Residential Loans
You won’t find less expensive money than the rates offered by Associated Mortgage Investors.
Topics: Hard Money Loans
NOTICE TO ALL PROSPECTIVE BORROWERS: we can’t offer the same low interest rates as banks but we eat their lunch with the time it takes to close. We received a loan request on a Saturday and funded it 3 days later! If you need to close in a hurry, please contact us.
Topics: Hard Money Loans
Figure: 7 TAC §80.200(b)
"CONSUMERS WISHING TO FILE A COMPLAINT AGAINST A COMPANY OR A RESIDENTIAL MORTGAGE LOAN ORIGINATOR SHOULD COMPLETE AND SEND A COMPLAINT FORM TO THE TEXAS DEPARTMENT OF SAVINGS AND MORTGAGE LENDING, 2601 NORTH LAMAR, SUITE 201, AUSTIN, TEXAS 78705. COMPLAINT FORMS AND INSTRUCTIONS MAY BE OBTAINED FROM THE DEPARTMENT’S WEBSITE AT WWW.SML.TEXAS.GOV. A TOLL-FREE CONSUMER HOTLINE IS AVAILABLE AT 1-877-276-5550.
THE DEPARTMENT MAINTAINS A RECOVERY FUND TO MAKE PAYMENTS OF CERTAIN ACTUAL OUT OF POCKET DAMAGES SUSTAINED BY BORROWERS CAUSED BY ACTS OF LICENSED RESIDENTIAL MORTGAGE LOAN ORIGINATORS. A WRITTEN APPLICATION FOR REIMBURSEMENT FROM THE RECOVERY FUND MUST BE FILED WITH AND INVESTIGATED BY THE DEPARTMENT PRIOR TO THE PAYMENT OF A CLAIM. FOR MORE INFORMATION ABOUT THE RECOVERY FUND, PLEASE CONSULT THE DEPARTMENT’S WEBSITE AT WWW.SML.TEXAS.GOV.”