Thursday, August 21, 2008

Reverse Mortgage

The Reverse Mortgage

Transcontinental Lending Group is a one stop lending solution for different borrowers needs.

LIST OF OPTIONS FOR SENIORS

If you still have monthly mortgage payments and the mortgage is not yet paid down then you may qualify for a Reverse Mortgage.
If you need supplemental monthly income for the remainder of your life and/or would like to use the equity in your home to receive payments or in one lump sum it's up to you.
If you need the financial assistance and want to reduce your debt and live comfortably.

REVERSE MORTGAGE- is not an ARM in any way. Reversion means that the property reverts back to the lender when the seniors pass away. It is a full term loan and the monthly income payments can be set to the borrower through 10, 15, 20, and 30 years, depending on their equity. The credit score is not as important because you do not have to pay it back during the life of the loan. Even if you decide to sell the home many years after, you only have to pay back what you owe.

A reverse mortgage option could be exactly what you are looking for even if you are not a senior citizen. If you have 50% or more paid down on your mortgage loan then you also may qualify for the Reverse Mortgage option.

Please find out if this is for you by contacting a representative for a free consultation and to find out if you qualify for a Reverse Mortgage. It may be one of the best decisions that you ever made.

To qualify call toll free at
#1800-209-0903 or send an email to cbkagent@yahoo.com

Tuesday, January 30, 2007

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HUD PURCHASE

First time home buyers, low down payments, HUD approved loans.

http://www.coldwellbankerdp.com


Contact this agent for a HUD approved purchase loan, VA, FHA approved loan, 2nd mortgage financing or other loan options.

रेफिनांस

REFINANCE W/CASH OUT OR LOWER MONTHLY MORTGAGE PAYMENTS.
Refinance with cash out based on the equity of your home. You can switch over to another loan if you want to reduce your monthly mortgage payments based on the equity of your homes current value, take advantage of the lower interest rate, you can take cash out to pay bills, go on a vacation, debt consolidation, or do whatever you want.
Loan terms for refinancing with a fixed interest rate can be 10, 15, 20, 30 and even 40 years to pay back.

Transcontinental offers more than one lender for refinancing. We will help you find the right refinance option based on many lenders programs that are available.
To find out if you qualify please contact an agent for a free consultation. You can even get qualified right over the phone.

Construction/ Take out

Construction loans/take out.

For land investments.
Construction and take out loans.

Land investments,income properties and improvement projects can qualify for this type of loan option.

A construction take out loan allows you to achieve your financial goals through an option to attain a construction loan with a new loan based on completion of the former construction loan terms.

CONSTRUCTION/TAKE OUT loans are combined starting with the construction loan terms. The take out option is used to pay off the debt of the construction of the income producing property. There is a qualifying amount and a maximum amount for the first and second portion of the loan. The payments are switched to a combination loan.

This option allows you to complete a construction project when you would not otherwise be able to take out a new loan based on newer terms in the future due to the high interest rates and want to save money and you can handle the time completion of the construction project.

You may qualify for a construction/take out loan if you are able to complete the construction project within a specific time frame and want to reduce interest and payments for two separate loans.

If you have any questions about any MLS land property and would like to find one based on your specific criteria then contact an agent for a free consultation and information. We can also help you find a land investment or previous income property that is a MLS listing.


For a free consultation and to qualify for a construction/take out loan you call toll free #1800-209-0903 and a representative will assist you.