by Glen | Mar 13, 2020 | General real estate financing information, hard money, Hard Money Commercial Lending, Hard Money in the News, Housing Price Trends / Information, interest rates, private lender, Private Lending, Process/Loan Submittal, Program Details
First, I hope everyone is doing okay with everything going on. As many banks and other lenders pull back thru the pandemic and the mortgage rate increase we are still funding. We fund and hold all of our loans in cash without leverage so we will continue to...
by Glen | Mar 5, 2020 | Coronavirus 2020 real estate impact, General real estate financing information, Hard Money in the News, Housing Price Trends / Information, interest rates, Property Valuation, Real Estate economic trends, real estate investing, Real Estate Trends, Real estate Valuation, Residential hard money
The picture above is a bit more relaxing to look at as opposed to the media barrage of the coronavirus and stock market (do you know where I took the pic, hint in CO, email me if you know). The Coronavirus has caused stock markets around the world to quickly sell off...
by Glen | Feb 11, 2020 | Commercial Lending valuation, General real estate financing information, Hard Money Commercial Lending, Private Lending, Property Valuation, Real Estate economic trends, real estate investing, Real Estate Trends, Real estate Valuation, residential lending valuation, Underwriting/Valuation
Looks like we should have smooth sailing in 2020, but the National Association of Business economists (NABE), the premier professional association for business economists counting Alan Greenspan as their past president, just released their business outlook predictions...
by Glen | Feb 5, 2020 | credit scoring, General real estate financing information
After years of increasing credit scores, FICO, the fico credit score used by the majority of lenders, has done an abrupt shift. FICO Score changes in how the most widely used credit score in the U.S. is calculated will make it harder for many Americans to get loans. ...
by Glen | Nov 19, 2019 | General real estate financing information, hard money
First, I wanted to wish each of you and your families a Safe, Happy, Healthy, and relaxing Thanksgiving Holiday. As you sit around the table, I wanted to provide a little food for thought. A gentleman that lost his home in the California wildfires is now...
by Glen | Sep 10, 2019 | General real estate financing information, interest rates, Private Lending, Real Estate economic trends, Real Estate Trends
It is crazy, the last real estate crisis was 10 years ago and the government is still debating what to do with Fannie/Freddie, the largest securitizers of 30 year fixed mortgages. Why are we still debating the governments role in housing? Why is this increasing the...
