Typical Borrowers II
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- Borrower is in unfortunate circumstances that make it difficult for them to obtain bank assistance, circumstances such as:
- Poor credit.
- Bankruptcy.
- Irrevocable Trusts, etc.
- Tax Liens (estate, federal and state taxes, etc.)
- Other Liens (property taxes, judgment liens, etc.)
- Receivership or Foreclosure.
- Property held in Trusts, Probate, etc.
- Divorce.
- Unemployment.
- Medical emergencies.
- Etc.
- Borrower has property with certain characteristics that make it difficult for them to obtain a loan from the bank, characteristics such as:
- A high vacancy-loan is required to increase the occupancy of the income property.
- Partial construction of building or near completion.
- Seismic retrofitting.
- Property improvements.
- Etc.
Related posts:
- Typical Borrowers
- Deed Of Trusts | Coppercrest Funding
- Introduction To Deed Of Trust Investments
- Trust Deed Buyers & Investments
- Coppercrest Funding & Trust Deed Investing
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