Forum Replies Created
If you are investing and you are needing most of your capital, I would suggest the interest only loan and pay off principle when you can.
Our new product-Security Based Lending is a no doc loan with the following features-works on worldwide stocks and TBills.
We are really excited by our new Security Based Lending Product: Our No Doc Alternative Loan
?
1) Loan is Secured On eligible Securities, (publicly traded stocks, bonds, options, and mutual funds.
2) Below Market Interest Rate: 2.5%-4.5% Fixed
3) No Credit Reporting, credit check or client financial information.
4) Non-Recourse Loan: a loan with no personal liability.
5) Loan is 3-10 years-once loan period is complete, client may
renew the loan, refinance, extend or pay off the loan.
6) Loan can fund between 3-7 days after the contract is signed and transfer of stocks takes place.
If this is of interest to you or your client, please feel free
to contact Marie Minichino, Broker, AALI MORTGAGE; [email protected]
NEED A NO DOC LOAN? DO YOU HAVE STOCKS OR TBILLS THAT ARE TRADEABLE?
We are really excited by our new Security Based Lending Product: Our No Doc Alternative Loan
1) Loan is Secured On eligible Securities, (publicly traded stocks, bonds, options, and mutual funds.
2) Below Market Interest Rate: 2.5%-4.5% Fixed
3) No Credit Reporting, credit check or client financial information.
4) Non-Recourse Loan: a loan with no personal liability.
5) Loan is 3-10 years-once loan period is complete, client may
renew the loan, refinance, extend or pay off the loan.
6) Loan can fund between 3-7 days after the contract is signed and transfer of stocks takes place.
If this is of interest to you or your client, please feel free
to contact Marie Minichino, Broker, [email protected]
New No Doc Loans-Security based Loans:
There is a new trend to invest in stocks or tbills and borrow 80% of the value back at 2.5-4.5 %. This way you keep the value of the stock. 2) you borrow out the money and pay cash for the real estate. You can rehab it and flip it without worry about the loan or getting a new loan. 3) No credit check involved so you can keep your credit score and not have to worry about it going lower.
Payments are quarterly and interest only and your property is free and clear. If interested, email me at [email protected] and I can tell you what stocks or tbills to invest in. Tbills pay out enough so there is no quarterly payment and when you get your profit, you pay off the loan. Loans go from 2-10 years. Its a great way to have your stock and use them to your advantageIn the us, the banks are not loaning out mortgages right now as they took the government funds and are investing
it. I would be careful of the Dallas market and look in Hawaii or California for a quicker recovery back to higher prices.
you can email me with questions at [email protected]