What Is the Difference Between Reinstatement Vs Modification of a Home Loan or Mortgage?

[ad_1] If your mortgage lender sent you a letter demanding that you pay all of your payments, plus all late fees, penalties and legal fees to get current, the process they are working with is This is called reinstatement of your loan. Your lender views the outstanding amount as a default on the terms of … Read more

Refinancing with a Flexible Home Equity Loan – Turn Your Mortgage Constraints into Money Savings

[ad_1] If you feel too constrained by your current home equity loan payment plan, it’s time to reconsider your chances. Let’s take a look at four ways your current home equity loan is holding you back: 1) You have a down payment. All you need to do is pay the amount due based on your … Read more

Credit Tenant Lease (CTL) Finance Can Be Used for…

[ad_1] Credit Tenant Lease (CTL) financing is a very capital efficient solution for the acquisition and refinancing of single tenant, real estate that is Net Lease (NNN, NN or Bondable) to an investment grade tenant. Because CTL bankers do not impose loan-to-value (100% LTV) restrictions, CTL offers the highest loan balances in the commercial real … Read more

Commercial Loan Retainer Fees

[ad_1] Retainer fees are “standard business practice” for some (but not all) commercial loan situations. It makes sense that a commercial borrower would not pay such a fee, so it is important for a commercial borrower to understand when it is more likely to be required. In fact, in many business loan scenarios, a business … Read more

FASB Proposed Lease Accounting Changes – Impacts on…

[ad_1] Introduction: The Financial Accounting Standards Board (FASB) issued its “Exposure Draft” on August 17, 2010, which requires companies to record nearly all leases on their balance sheets as “right to use” assets, and A “future lease payment liability”. What does this mean for your business in layman’s terms? This proposal summarily eliminates operating leases; … Read more

Best Buy – Used Car

[ad_1] One of the best ways to buy a used car is to narrow down your list of automotive candidates to a few promising models. The best way to buy a car is to decide whether: what kind of car do you want? What option do you want? if color matters if it will be … Read more

Understanding the Difference Between Home Equity Loans and Home Equity Line of Credit

[ad_1] Property owners often wonder how they can use the value of their home to access low-interest financing. A loan or a home equity line of credit are two options available to you. Check out some of the differences below to find out which one will be a better fit for your needs. Home Equity … Read more

What Different Types of Repayment Mortgages Are There?

[ad_1] standard variable rate mortgage Standard Variable Rate or SVR is a type of mortgage where the interest rate can change, influenced by the Bank of England’s base rate. Each bank sets its own standard variable interest rate which is usually a few percentage points above the Bank of England’s base rate. SVRs are one … Read more