Posted by Gonzalo Arjona
Jul 30, 2014 3:13:12 PM
Topics: Hard Money, Hard Money Loans, Low Documentation Loans, Houston Commercial Loans
Posted by Jim Emerson
Jul 16, 2014 12:05:55 PM
Many believe that getting a construction loan is a difficult process. In some cases, this assumption is correct; however, with the right tools and information, getting approved for a construction loan is possible. Often times it’s a matter of finding the right loan from the right lender. Hard money lenders have become prime candidates for construction financing. Even though they offer higher interest rates, the actual difference in cost is usually not detrimental to the project since they are usually be held for short periods of time; for this reason it’s imperative to have a clear exit strategy before considering a construction loan.
Topics: Hard Money Loans, Houston Commercial Loans, construction loans
Posted by Gonzalo Arjona
Jun 30, 2014 11:32:44 AM
4 Ways to Assess a Commercial Property’s Worthiness
Commercial hard money Loans are very useful options for people who face difficulties with their loan applications with conventional financiers or banks. Furthermore, private lenders are more open to originating ‘cash-out’ loans on commercial properties.
Topics: Hard Money, Hard Money Loans, Houston Commercial Loans, Specialty 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.”