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"As a national mortgage lender, we believe it is vital to take an active role in bridging the gap of homeownership by offering alternative solutions." For more information and complete details about the Freddie Mac Non-Traditional Credit program, please contact a PrimeLending loan officer at a branch near you.
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Helpful tools and resources for originating lenders offering VHDA mortgage loans.. video tutorials and Resources. Browse our new video library for a quick overview of VHDA programs.
Like many financial products, reverse mortgages have their pros and cons. But where these loans come up short. for their inheritance if their parents took a reverse mortgages, an alternative to.
7 Alternatives to a Traditional Mortgage for Buying a Home A mortgage loan is the most traditional, and probably the smartest way, to buy a home. You’re going through a bank for a loan and the monthly payments will be the same for 30 years.
Licensed by the Department of Business Oversight under the california residential mortgage lending Act, License # 41DBO-37883. theLender is not currently accepting consumer mortgage loan applications in the state of New York.
If you can’t afford your current mortgage and staying in your home is not an option, you may be able to avoid foreclosure without selling your home. A deed in lieu of foreclosure allows you to release your home to caliber home loans voluntarily. For more details view Deed in Lieu of Foreclosure page. Other Resources
Alternative Mortgage Sources – Home Loans in California – Alternative Mortgage Sources is an independent loan brokerage owned and operated by broker/owner beth hoffman since 1986. Beth has earned a reputation for "demystifying the loan process" while delivering superior service to over 2,000 clients throughout the state of California.
This article will cover the alternate sources for establishing credit. While the basic Rule-of-Thumb for acceptable credit history is a minimum of four trade lines documented on a credit report, there are alternative methods of building a credit picture that an underwriter can use to make a decision for a loan approval.