Commercial mortgage borrowers often ask us how lenders determine the rates that they offer on commercial mortgage loans. There are many criteria that lenders use when determining rates, but lenders will assess the relative risk of a loan when reviewing a loan application. The lower the risk, the lower the rate. The higher the risk, …
How to Get the Best Rate on Your Commercial Mortgage Read More »
A lien is a notice attached to your property which puts everyone on constructive notice that a creditor has a claim. A lien is typically a filed and recorded in the county public records (if involving real property) or with the secretary of state (if involving personal property). Why does a link help a creditor? …
A personal loan is usually not secured. It means collateral does not need to be provided by you when you borrow. The loan is offered to you by the lender on the basis of your credit and qualifiers. You can easily get the approval of loan, if you have a good credit. A lower interest …
No matter where you look, there are people that are struggling financially. Times are tough for just about everyone, and there doesn’t seem to be an end in sight. Some people are working more than one job while others are sinking into a sea of bills and creditors. If you are one of those people …
I would like to present my top five reasons for getting a student loan, based on my own experiences at university and in business. Have The Perfect Student Way of Life. University is often the greatest. It is the first time you get to move out. The first time you get to live with people …
If you’re raising growth capital to expand your business, you may want to consider using mezzanine financing as part of your funding solution. Mezzanine financing is a form of debt that can be a great tool to fund specific initiatives like plant expansions or launching new product lines, as well as other major strategic initiatives …
Mezzanine Financing Overview: What It Is, Pros and Cons, and Common Situations Read More »
Structured trade finance (STF), a type of debt finance, is used as an alternative to conventional lending. This form of finance is utilized regularly in developing countries, as well as, in relation to cross border transactions. The objective is to encourage trade by making use of non-standard security. STF is generally used in high-value transactions …
Veterans Administration (VA) loans are some of the most common types of loans used in today’s financing market. They offer many benefits to eligible borrowers and are mainly used to buy, refinance, and even improve a home. Here are 10 important things one should know before applying for a VA loan: 1) It is a …
10 Must-Know Things Before Applying for a VA Loan Read More »
The chances of securing a loan of any size can be tricky if the applicant has a very poor credit history. Low credit score tends to make lenders hesitant, especially traditional lenders. But there are options available, with a $5,000 personal loan for bad credit borrowers often a matter of looking at alternative loan sources. …
$5,000 Personal Loans For Bad Credit Borrowers: Alternative Sources With Considering Read More »
Loan contracts come in various forms and terms. It will actually range from a simple promissory note between friends and family members to more complex loans such as auto, payday, mortgage, and student loans. Regardless of its type, each loan will be governed by policies and guidelines to protect clients from unfavorable practices such as …
