I have three mortgages. The first is for $335k with Bank of America, the second is an equity line with Wachovia for $100k, the third is a loan with Wachovia, with my house as collateral for $300k. So I owe $735k. I have to sell my home, because I can’t afford it anymore. My [...]
We’ve written about individual homeowners being a little less than forthcoming in their loan applications and written various posts about different kinds of frauds. This takes the cake:
from Mortgage Fraud Blog:
According to court testimony, Sabine State Bank provided a line of credit to First Fidelity Mortgage, monies that were in turn used by First [...]
Short Term Bridging Loans — Own Property Instantly At Low Cost Finance
You have set eyes on a property either commercial or personal and you need to buy it immediately before any property grabber takes note of it. But there is a problem. You would be selling your old property to get required finance for buying [...]
Low Cost Secured Loans – Economical Way To Access Your Property’s Equity
Majority of the population nowadays needs loans to fulfill their personal desires. What prevents a common man from applying for a loan is the huge cost involved in it. But now you will be glad to know that there are low cost secured loans [...]
Buying a property for commercial use requires huge funding. Even if one has enough sources to finance the project, one would like to save the money for further investments in the property and instead take a loan. Commercial real estate loan is especially meant for issuing a loan for buying a property for its commercial [...]