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.
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
In the musical “The Music Man”, Professor Harold Hill says “there’s trouble in River City”.
When it comes to Mortgage Investing and, given the risk of foreclosures in the greater Houston MSA; the lyrics should be “there’s trouble in Bayou City”.
In 2015 Texas foreclosure activity increased 16 percent. That compares with a 3 percent decline for the rest of the United States.
Topics: Hard Money, Residential Loans, residential investment
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 Gonzalo Arjona
Jul 30, 2014 3:13:12 PM
Topics: Hard Money, Hard Money Loans, Low Documentation Loans, Houston Commercial 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.”