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No Doc Loans Are back!
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I cannot see your post since ignore list is the best feature in history
But if those really are back this would be an interesting time for it |
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Yes they are back
https://www.nationwidemortgages.net/...ion-mobile.asp The fact is that no income check mortgage programs and reduced document loan programs can be configured to meet your needs if you have strong compensating factors. Many Americans simply do not trust banks or government agencies having access or records of their personal or financial information to get a loan. People do not trust institutions to safely guard their data and many for good reason are terrified of identity theft. No income loan programs provide another layer of protection that many people desire to buy or refinance a house |
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I wish I could use this on my neighbors, God damn them :thumbsup |
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IMHO, Using the ignore list is like sticking your fingers in your ears and saying 'nanananana - i cant hear you' like a small petulant child.
You never know what you might miss out on. Surely people are able to just scroll past a comment they don't like, just as easily as scrolling past the fact that someone has made a comment, you have chosen not so see it, along with a tempting little 'click here to see it anyway' button... What are we all? 10? I Bet the next reply is telling us how clever he is to have not read the messages.... :1orglaugh:1orglaugh:1orglaugh |
Bladewire
This message is hidden because Bladewire is on your ignore list. View PostUnread Today, 04:00 AM Remove user from ignore listCurrentlySober This message is hidden because CurrentlySober is on your ignore list. I only wish that I could do this with my neighbors The scum sucking fuckers |
I rest my case ! lol
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Foiled again, brain!
We're sorry you have reached a number which has been disconnected If you feel you have reac CurrentlySober This message is hidden because CurrentlySober is on your ignore list. |
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I love these old style recordings
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Hard money lenders make these loans all the time. A bank could make such a loan and season it 24 months then sell the loan and continue to service it. The APR interest rates are way above market rates on these loans after the points charged when writing the loan. https://www.google.com/search?q=loan...e+verification |
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:1orglaugh |
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You are welcome ;p . |
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LTV is based on current FMV, yeah? So if I want to rehab a garbage hole and I need $5 purchase and $5k to rehab the mess and the value will be $22,500 I can't borrow against the $22,500 - I would be borrowing against the current $5k-$10k current value? Or is FMV meaning the finished value when people talk about that? I think actual hard money lenders will loan against FMV and they would mean the $22,500 ? ? right ? |
Damn it, Miss Sarettah
What happened did you find out I'm a Dom and you are trying to trick me into giving you some free discipline?¿ YOU are SO bad, you know Women are so bad I love women PS: Everyone knows that quoting the excrement guy to make me see his post is akin to placing a worm into a book or miss spelling words. I know that, you know! |
Hard money will lend at 65% LTV -- they are not your venture capital source.
Hard money lenders generally use conservative current market value appraisals' FHA and HUD used to have rehab loans available ... |
We did one way back in the day and I know it was just based off credit and our rate was not much higher. They were way easier for us being self employed and we were moving from one state to another.
Common sense needs to come into play when lending to people this way. I recall the joke the mcdonald's guy buying a $500k house and was making minimum wage and they approved it based off his stated income. |
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God damn it, FFFS Fuck DAMN IT ! !! !! They use to go 80 or more even after the crash (I think they were even more generous after it happened, right? Or am I wrong on that? To me, after a crash is a great time to buy to rent) |
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If I made it to this old ass age without one I want to stay that way - but white collar stuff is SO TEMPTING I use to thoroughly enjoy being an episode of that program MASTERMINDS when I was young |
While I have been arrested 982 times- I never got any criminal recorded or was charged with SHIT while sober/when I didn't want to be caught doing anything
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