Looking for a short-term loan to purchase or renovate a property? A hard money loan may be the option you need. These loans offer fast funding, often without requiring a strong credit history. So what exactly are hard money loans? And what are their pros and cons? These are the questions we’ll answer in today’s… Read more »
In the first quarter of 2018 Americans collectively owed over 8.94 trillion dollars in mortgage debt. This is not surprising since most people want to own a home at some point, whether they plan to live in it or use it as an investment. A good portion of the money Americans owe is tied to a… Read more »
The average credit score in the US is 695. An all-time high. Five tiers of ranking determine where you fall on the scale. Anything between 660 and 719 is average, but numbers below 620 are bad. Approximately 12% of Americans fall below 550. Bad credit rates affect daily life, making it harder to borrow money and apply for credit… Read more »
Refinancing your mortgage is not a sure bet even in today’s thriving economy. In fact, the average American still cannot get qualified for a mortgage. One main reason for a traditional mortgage denial is insufficient credit scores. According to data, the median credit score for a new mortgage is over 750. This is significantly higher… Read more »
In the United States, 65% of homeowners have a mortgage and almost half of these originate from non-depository lenders. But, there are other ways to get a loan for a mortgage today and one of these is through private lenders. Read on to find out more about how Atlanta private lending can help you with… Read more »
One in three people gets denied financing through traditional funding. Whether it’s credit history or debt versus income, banks are shady with financing. That can leave you frustrated you’re trying to earn a pretty penny on a nice investment. But there’s a solution to your short-term economic trial, and hard money lenders in Atlanta can help. Hard… Read more »
You did it! You’ve found the perfect real estate investment property. You know that you can buy this property, fix it up, and flip it fast. But you’ve got a few problems. Your credit score isn’t very good. Plus, you need to move fast to get this property or it will go out from under… Read more »
For the 71 percent of all Americans who are in debt anything having to do with finances can be incredibly stressful. When the unexpected happens many people have no idea where to turn to get the funds they need. But the good news is hard money loans in Atlanta are an easy way to get… Read more »
What’s your credit score? This is what people ask when it comes to big investments like leasing a new car or buying a home. Unfortunately, a few young and dumb mistakes made your credit bottom-out. You’re not among the 650 – 743+ average credit score range. Fast forward to today, sitting across from a lender… Read more »
How much money do you currently have in savings? Enough to cover an unexpected emergency? If your answer is no, you aren’t alone. Less than half of Americans would have the cash available to cover a $1,000 emergency. Meaning most turn to credit cards when money is tight. Besides credit cards, another option for quick… Read more »