Posted: Saturday, September 2, 2017 11:20 AM
Get Loans for Owner Occupied and Non Owner Occupied Homes & Property
Purchase, Refinance, Cash out or Rehab
1st, 2nd & 3rd Position Mortgage Loans
No Min Credit Score Required
Bad Credit or No Credit is OK
Bankruptcies and Foreclosures are OK
No Income Verification-Stated Income
No Tax Returns or W2's
LTV (Loan to Value) up to 70%
LTV up to 50% for Vacant Land
Term 6 Months to 5 Years
Interest Rates Starting at 9%
Easy to Apply, Quick Approval & Fast Funding
Call / Text or Email - Steve - 951-254-3712 or Visit www.vfindloans.com
All Non-Owner Occupied Properties, Residential or Commercial or Vacant Land Real Estate in California
Vacant Land Loan, Raw Land,
Residential Land Loan
Commercial Land Loan
Land with Mobile Home
Land with Manufacture Home
SFR, Multi-family, Rental Property,
Mixed use Property,
Office Buildings, Retail Strip,
Gas Stations, Apartments,
Senior Care Facility, Storage,
Warehouse Commercial Properties,
Get Commercial Private Hard Money Loans against Land in California for;
Purchase, Refinance Mortgage, Cash out,
Rehab Loan, Construction Loan,
Fix & Flip Loan for Investors,
get Loan for Debt Consolidation or for any Purpose.
Whether you have bad credit or No credit we have Land loan programs for every borrower.
Contact Us NOW for Free Consultation
Call / Text or Email - Steve - 951-254-3712 or Visit www.vfindloans.com
In mortgage lending, the term "owner-occupied" means a residence primarily used by its buyer. Mortgage lenders tend to give generally favorable loan interest rates and lending terms for primary residence mortgages. Because your primary residence will be owned and occupied by you, your mortgage lender assumes it will be better cared for than it would be as a rental residence. In fact, mortgage lenders won't give primary residence-type mortgages for homes that won't be owner-occupied, at least during their first year of ownership.
A subprime mortgage is a type of loan granted to borrowers with poor credit histories, due to which they would not be able to qualify for conventional mortgages. Because subprime borrowers present a higher risk for lenders, subprime mortgages charge interest rates above the prime lending rate. A subprime mortgage carries an interest rate higher than the rates of prime mortgages. Prime mortgage interest rates are the rates at which banks and other mortgage lenders may lend money to customers with the best credit histories.
There are several different kinds of subprime mortgage structures available. The most common is the adjustable rate mortgage (ARM), which initially charges a fixed interest rate, and then convert to a floating rate based on an index such as LIBOR, plus a margin. The better known types of ARMs include 3/27 and 2/28 ARMs.
We offer subprime mortgage loans for owner occupied and non owner occupied properties in Fresno, Merced, Modesto and all California. Contact us to get free consultation regarding Private Hard Money Lenders in Fresno.
Hard money loans and Subprime mortgage for owner occupied homes are still subject to federal regulations such as Dodd-Frank which require the borrower to verify their income. Income verification is usually accomplished by providing the lender with paystubs, W2s or tax returns. The borrower is also required to keep their debt to income (DTI) under a certain ratio. The borrower’s existing debts including other mortgages, car payments, credit card payments and other debts will be considered in the ratio as well as the new proposed mortgage obligations (mortgage payment, taxes and insurance).
On non owner occupied properties we offer stated income and stated assets hard money loans and subprime loans.
We have Private hard Money Land Loan Investors and Lenders willing to finance in Los Angeles County, Orange County, San Diego County, Riverside County, San Bernardino County, Fresno County and most counties in California.
A hard money loan is a specific type of asset-based loan financing through which a borrower receives funds secured by the value of a parcel of real estate. Hard money loans are typically issued by private investors or companies. Interest rates are typically higher than conventional commercial or residential property loans because of the higher risk taken by the lender. Most hard money loans are used for projects lasting from a few months to a few years.
Private money is a commonly used term in banking and finance. It refers to lending money to a company or individual by a private individual or organization. While banks are traditional sources of financing for real estate, and other purposes, private money is offered by individuals or organizations and may have non traditional qualifying guidelines. There are higher risks associated with private lending for both the lender and borrowers.
For private hard money lenders & investors for raw vacant land loans are riskier because the loan's collateral, the property, isn't being used for housing, at least in the near term. That makes it easier for an owner to walk away and leave the lender stuck with the land. Because of that risk, down payments and interest rates are higher for land loans than for mortgage loans. If you are looking to get a land loan in Inland Empire, Riverside, San Bernardino or San Diego then you are at the right place.
Unimproved land, or raw land with no plans for improvement, is the toughest kind of property to borrow against. It is basically a speculative investment. Such raw land has no added improvements, such as sewers, utilities, streets or other structures. Even if you don't have any immediate plans for the property, you'll still owe annual property taxes. Private Hard Money Lenders & Investor for Land in California can help you get the land loan. Most Land Loan Lenders will finance up to 50% of the land value. Any land located in California can be financed through our private hard money lenders in Los Angeles, Inland Empire, Riverside, San Bernardino, San Diego, Fresno, Bakersfield and All California.
We can help you get raw land loan and loan against your vacant land in Los Angeles, Inland Empire, Riverside, San Bernardino, San Diego, Fresno, Bakersfield County.
We also provide Private Hard Money Vacant Land Loans in the cities of Alhambra, Anaheim, Antioch, Bakersfield, Berkeley, Buena Park, Burbank, Carlsbad, Carson, Chico, Chino, Chula Vista, Citrus Heights, Clovis, Compton, Concord, Corona, Costa Mesa, Daly City, Downey, El Cajon, El Monte, Elk Grove, Escondido, Fairfield, Fontana, Fremont, Fresno, Fullerton, Garden Grove, Glendale, Hawthorne, Hayward, Hemet, Hesperia, Huntington Beach, Indio, Inglewood, Inland Empire, Irvine, Jurupa Valley, Lancaster, Livermore, Long Beach, Los Angeles, Menifee, Merced, Mission Viejo, Modesto, Moreno Valley, Murrieta, Newport Beach, Norwalk, Oakland, Oceanside, Ontario, Orange, Oxnard, Palmdale, Pasadena, Pomona, Rancho Cucamonga, Redding, Redwood City, Rialto, Richmond, Riverside, Roseville, Sacramento, Salinas, San Bernardino, San Diego, San Francisco, San Jose, San Leandro, San Marcos, San Mateo, Santa Ana, Santa Barbara, Santa Clara, Santa Clarita, Santa Maria, Santa Monica, Santa Rosa, Simi Valley, South Gate, Stockton, Sunnyvale, Temecula, Thousand Oaks, Torrance, Tracy, Vacaville, Vallejo, Ventura, Victorville, Visalia, Vista, West Covina, Westminster, Whittier and all California, CA.
We have access to many private hard money lenders & investors for Owner Occupied and Non owner Occupied Residential & commercial properties. Call, Text or Email us for Free Loan Quote.
• Location: Fresno
• Post ID: 15478652 fresno