Green Home Building:Financial Aspects – Financing Alternative Homes. Getting the money together to build a house can be an enormous challenge. The possibilities include saving up enough money over time, paying for it with earnings while doing the construction, or borrowing from friends, family or a.
Alternative Real Estate Financing Options – TRCB – The alternative financing method I want to discuss is called seller financing. seller financing is a loan in which the buyer assumes the seller’s mortgage while the loan stays in the seller’s name. In other words, the owner or seller of the home leaves their existing loan in place and the buyer simply takes over the payments, often times with.
Bringing home the bacon: Three ways you can use alternative finance to invest in property – Property crowdfunding and marketplace lending aren’t for everyone. The former can involve high fees, and you won’t know what your investment is worth without selling it – which can be hard if you’re.
Loan Programs – unconventionallending.com – Like conforming loans, qualifying is straight-forward, but FHA loans are more flexible with past credit troubles, unconventional income scenarios and several other factors. If you’re buying your first home or have credit or income troubles, FHA is often the best choice.
Bridgewater Bank – Bridgewater Bank was created from the idea that the best bank to serve a successful and energized group of clients would be one that was built by experienced bankers with an entrepreneurial perspective.
With multiple types of non-conventional loans available today, why not let an experienced mortgage broker handle the details for you. Fill out the form below and one of our loan officers will be in touch with you in no time to start the process. Download our free eBook here to learn the 10 must ask questions to when buying a home.
Is a non-conforming loan the right choice for you? This loan fails to meet typical bank criteria for funding, and isn’t bought by Fannie Mae, Freddie Mac, FHA, or VA. They can also be used to buy and refinance condos, and various types of homes. For more information about non-conforming loans, contact us today.
Unconventional Mortgage Programs for Homebuyers Who Don't. – USDA home loans. The United States Department of Agriculture (usda) offers unconventional home loans that make it possible for those with a less than stellar credit history to qualify for a home purchase loan. These loans require zero down payment. Eligibility: USDA home loans are offered to low-income buyers looking to purchase a home in a.