Sunday, August 30, 2009

The Loan Consultants Bio

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Since 1983, The Loan Consultants has built a reputation within the financial community that is looked upon with envy and respect. Our goal was to establish an international network of independently owned and operated loan brokerage companies. These affiliated companies would offer highly personalized service and help cut through the red tape that is often involved in securing loans from banks and other lending institutions. The Loan Consultants

More than a quarter century later, our vision has become a reality. In addition to being the first company to offer this business opportunity, we are the largest with more than 1200 affiliate companies in the U.S., Canada and United Kingdom. With a large staff of industry professionals and an operating budget of over $1 million, we stand ready to assist you in achieving your entrepreneurial goals. The Loan Consultants

If you have a desire to be your own boss and earn executive level income, your timing could not be better. As banks continue to tighten their lending requirements, borrowers are seeking local and professional sources with creative methods of funding to satisfy their financing needs. Here is your chance to cash in on a vast, untapped market with a prestigious Dun and Bradstreet rated company to assist you every step of the way. The Loan Consultants

Choose Certified Loan Broker Program CLB | Choose Business Finance Consultant Program BFC
Loan Consultants, Inc. can create multiple streams of income for you!

The recent Economic Stimulus package passed by Congress has created a tremendous opportunity for Loan Brokers? That's because over $150 billion in Stimulus money will go toward rebuilding our nations' infrastructure. These projects will be contracted out to thousands of small and medium sized businesses nationwide. In addition to their everyday cash flow needs these businesses, and thousands more that they sub-contract with, will need immediate operating capital to purchase supplies, upgrade equipment and meet payroll.

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Private Loans for Students - What You Need to Know

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For the majority of young people, it is a dream to get into a great college. They want to do this as an accomplishment for themselves, as well as a way to make a living as an adult. The problem that many students face though, is the inability to get student loans. This is where private loans for students come into play. Because they are designed for students, you will not have to worry about having a bad credit score, or no credit whatsoever. For many students, this is the first type of loan they are getting, so their credit score is not even a factor.

The great thing about these private loans that students use is that they can use them for anything school related. If your actual schooling already is paid for but you are lacking the funds for everything else, you can use these loans. They can pay for your room and board or even just for your books and supplies. In the past, most students had to work long hours at little pay to afford to pay for all these things. All that work usually got in the way of their school work, which causes a big problem. With the loans, you do not have to worry about work getting in the way of school.

Another reason why private loans for students is a good idea is because it is a great way to establish credit. You will be getting the money that you need, so that is good. But you also will be paying back your loan, which means that your credit score will increase. Getting this type of loan as a student actually makes it easier to get a larger loan in the future because you have a good credit score established.

You should not put off going to school because you cannot afford it. If you do not qualify for the larger loans, consider taking out private loans for students. They will get you the money that you need to pay for school, which in turn will help get you a better job upon graduation. The better your education, the better job you will be able to get, which will mean that you will be making more money. All this is possible because you got out a loan to help you when you were in college

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Financial Aid Loans for College Students

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For the majority of young people, it is a dream to get into a great college. They want to do this as an accomplishment for themselves, as well as a way to make a living as an adult. The problem that many students face though, is the inability to get student loans. This is where private loans for students come into play. Because they are designed for students, you will not have to worry about having a bad credit score, or no credit whatsoever. For many students, this is the first type of loan they are getting, so their credit score is not even a factor.

The great thing about these private loans that students use is that they can use them for anything school related. If your actual schooling already is paid for but you are lacking the funds for everything else, you can use these loans. They can pay for your room and board or even just for your books and supplies. In the past, most students had to work long hours at little pay to afford to pay for all these things. All that work usually got in the way of their school work, which causes a big problem. With the loans, you do not have to worry about work getting in the way of school.

Another reason why private loans for students is a good idea is because it is a great way to establish credit. You will be getting the money that you need, so that is good. But you also will be paying back your loan, which means that your credit score will increase. Getting this type of loan as a student actually makes it easier to get a larger loan in the future because you have a good credit score established.

You should not put off going to school because you cannot afford it. If you do not qualify for the larger loans, consider taking out private loans for students. They will get you the money that you need to pay for school, which in turn will help get you a better job upon graduation. The better your education, the better job you will be able to get, which will mean that you will be making more money. All this is possible because you got out a loan to help you when you were in college.

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Get the Facts about Stated Income Commercial Loans

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Get the Facts about Stated Income Commercial Loans.

Stated income commercial loans work a little bit differently than other types of loans in that there is no income verification for the borrower, there is still income verification for the property. This type of loan program is basically geared to help real estate investors, as well as self-employed people benefit from commercial loans without having to jump through all the hoops that traditional lending and banking institutions require. These loans are based on an individual's stated or claimed income, which enables the lender to speed up the process and avoid many of the hurdles and obstacles that face many borrowers.

Griffin Capitals programs are for a multitude of different commercial property types including apartments, mixed-use properties, light industrial, hotels and motels, retail centers, restaurants, convenience stores, warehouses, and many more. Raw land is not permitted.

Borrowers can obtain a commercial loan for amounts between $250,000-$2,000,000. A personal credit score of 650 or higher is needed as well as collateral in approved commercial real estate.

Interest rates, loan to value, and loan amounts are approved based on credit, as well as property types and situations. The higher your credit score, the lower your rate - it's that simple. Griffin Capital offers loan to values up to 80% and does not generally charge any points.

The stated income loan process for small properties is streamlined, and individuals normally receive an approval or denial within 72 hours of application submission. If approved, Griffin Capital will need to order an appraisal from an approved company.

Stated income commercial loans offer businessmen and women that do not qualify for traditional bank financing the ability to purchase commercial real estate or pull cash out of commercial real estate.

Visit www.statedcommercialloans.com for more details.

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Loan Modification Help Center - Learn your options for stopping foreclosure now

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Regardless of where you are at financially, it is almost never too late to avoid losing your home to foreclosure. Qualified loan modification attorneys know that while it is easy to lose hope and fall into a place of inaction, you have many tools at your disposal.

Options

Contact your existing lender and see if you can get a forbearance, a payment plan or a deed in lieu of foreclosure. A forbearance is an agreement between the lender and the borrower that reinstates the delinquent loan through the payment of a lump sum or a schedule of payments over a period of time. A payment plan is similar to forbearance; in some cases, the lender may agree to a short term payment plan if you can prove you’ve had a hardship (loss of a job, medical bills, etc.). A deed in lieu of foreclosure is a voluntary transference of title to the lender. Most often, this is used as a last ditch effort by the homeowner to avoid the negative consequences of foreclosure.

The problem with all of these options is that they require a great deal of cash on hand, something you most likely do not have available. Foreclosures can be a challenging situation because most people facing foreclosure are not simply lazy people who forgot to pay a bill, they are hardworking people who are facing some sort of financial crisis. These might be options if you have $10,000 or $20,000 on hand, but odds are you do not. With a deed in lieu of foreclosure, the ultimate problem is you no longer own the home, and so now you’ve lost any equity in the house and you are not in control

Other options include refinancing, although that depends upon your credit history which could have taken a massive hit from your financial problems. If you do not have an outstanding credit history, or if your financial challenges are more than short term, a refinancing probably will not happen. A short sale is an option, although there is no guarantee that the lender will forgive whatever debt remains from the short sale. There is also always bankruptcy, but there are so many challenges before, during and after a bankruptcy that it can be a complete waste of time. A bankruptcy will stay on your credit history for up to a decade and provide nothing but headaches during that time. Even afterwards you can face financial challenges, career challenges and legal challenges stemming from the bankruptcy.

Quite possibly your best option when facing foreclosure is a California loan modification. A loan modification is a change of the terms of the original mortgage loan; the change could be to the interest rate, the length of the mortgage, the principal balance, the late fees or some other part of the original agreement. To get a loan modification, you can attempt to deal with the lender yourself or hire a California loan modification attorney to negotiate on your behalf. A loan modification attorney will often get a quicker response from a lender because he or she will have the law on their side. A lender will consider a loan modification when foreclosure is eminent and the borrower’s income has been decreased, but if the borrower will be able to keep paying the mortgage at a lower monthly rate.

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Loan Modification Help Center – Do Not Trust the Interest Rates

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Are you having a hard time refinancing your loan? Have you noticed that interest rates are fluctuating like crazy? Well, unfortunately, the real estate market is going nuts these days trying to find the top, the bottom or just some sense of stability.

Recent news coming out of Mortgage Finance magazine confirms that recent spikes in mortgage rates have consumers wondering whether they have missed the chance to refinance. After months, and almost years, of incredibly low interest rates, the declining rates seem to be at an end. However, no one knows what the situation is, and it has the entire industry in flux once again.

For example, some in government positions are saying that the housing crisis is almost over, while banking titans and Wall Street financial gurus are claiming the opposite. Mortgage interest rates are up one day, down the next, and homeowners are being slammed in the process. The interest rate you get this week might be worse than what you could get next week.

Solutions

If you are trying to refinance because you are in a difficult financial situation, a loan modification might be the answer you are looking for. Refinancing your house is incredibly difficult, especially if you have bad or poor credit. If you have not stayed on top of your credit score, or if your current financial troubles have affected every area of your life, refinancing might not be the option for you. A California loan modification does not hinge upon what your past credit score is, it hinges more upon your ability to continue to make payments throughout the course of your loan. If you have a subprime mortgage with payments that are ballooning, a loan modification might be a more effective avenue than refinancing.

Fluctuating interest rates means that lenders might just sit back and allow the rates to fluctuate until it serves them best. If this is the case, you could be stuck with a terrible interest rate for months, or even years. With a loan modification, you could hire a loan modification attorney to work on your behalf to get your interest rate lowered to something you can afford. As opposed to a spiking subprime interest rate, you might be able to get something substantially lower and/or a fixed interest rate. Either of these could go a long way towards lowering your monthly mortgage payments and giving you more financially flexibility and stability. Many analysts are stating that the interest rates will spike heavily once the government’s efforts to buy mortgage-backed securities ends. Any efforts to kick-start the economy will collapse if that happens, and refinancing will be near impossible.

A California loan modification attorney might just be your new best friend. They have options available to you that you may not have explored, or even thought about. While refinancing at times can depend upon the mood of the banker, a loan modification attorney will work aggressively to get you terms you and your family can live with.

Avoid the fluctuating interest rate game and contact a California home loan modification attorney today!

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Loan Modification Help Center – President Obama Continues to Pass Legislation

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The Wall Street Journal reported in July, 2009 that President Obama is now expanding the plan to help the number of borrowers who can refinance their homes. The administration said that borrowers with mortgages worth up to 125 percent of their home’s value will now be eligible to refinance under its program, up from a 105 percent limit.

According to the new plan, borrowers must be current on their mortgages and have loans owned or backed by government controlled mortgage companies Fannie Mae or Freddie Mac. One of the challenges with the government plan is that it does not help those who are in severe circumstances, either behind on payments or facing foreclosure. The plan does expand the opportunities for those not facing foreclosure to get help, but if you are in the midst of a foreclosure proceeding or if you just received a foreclosure notice, you need some other form of assistance.

The government is hoping that by raising the percentage, many more Americans will be assisted in getting the help they need to stay in their homes. Recent statistics state that almost 30 percent of American homeowners with mortgages owe more than their homes are worth (according to Economy.com). The government’s initial plan seems to have fallen short of expectations as only 20,000 people were able to participate in the program, well short of the 4 million it was projected to help. In fact, as late as April the government was denying there was any need to expand the program.

Interest rates have actually been rising of late, making things even more difficult for Americans. Rates on 30 year fixed rate loans currently average 5.49 percent, up from a recent low of 4.84 percent in April. Government agents hope that this plan will also lower the overall risk for Fannie Mae and Freddie Mac by allowing more people to stick with their mortgages and not default.

Loan modification attorneys are still working tirelessly, throughout California, to help people renegotiate the terms of their loans and get a better mortgage payment. While the government is having a hard time with their refinancing program, California loan modification attorneys are spending morning, noon and night keeping people in their homes through California loan modifications.

A loan modification renegotiates the terms of your home loan, helping you get lower payments that you can actually pay. Rather than see your home go through foreclosure and having to move, you can enjoy a new level of financial freedom as well as a renewed outlook on life. With the unemployment rate in America continuing to rise and the financial future in doubt for many Americans, now may be the time to take advantage of a loan modification. A loan modification attorney can work with you to get the best deal possible, and make sure that your interests are focused upon. Lender driven loan modifications focus on the lender’s needs, and even some government programs focus on the government’s bottom line. A loan modification attorney can represent you and you alone.

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Why Do you Need a Bad Credit History Secured Loan

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One of the worst things that you can do in life is getting a bad credit history. If you get a bad credit history it becomes very difficult for you to get loans from any place and any bank.

I found this the hard way when I went to get a loan for my new car. It so happened that when I took out a loan for my last car I was unable to meet one of the payments and having defaulted on a single payment made me a target for the bad credit history sheeters. Imagine my plight. I was all geared up to buy myself a new car and here was the first road block that I had encountered in my entire life.

Since I was buying an additional car I could afford to wait but my wife wants things right away and unfortunately for me she can be very demanding. I was caught between a rock and hard place. Fortunately for me I found out that there are innumerable places on the net that offer hard cash loans for people with bad credit history like me and its fairly easy to get a bad credit history secured loan.

With a Bad Credit History Secured Loan I was able to buy a new car and satisfy my wife and rebuild my credit history. So all is well that ends well. Whether it is a new car or a new house or even a new lawn mower that you are planning to buy all you need is good credit history and you will be able to get it as easy as pie.

A Bad Credit History Secured Loan will give you what you need. You can get loans from as little as £50 to up to £50000. You will be able to rebuild your credit history as well. Remember that people will only give you a bad credit history loan if you are bad credit history holder at rate that will be higher than that for regular loans. This is to be expected.

For the best and fastest loans Apply online, you will get the loan that you need at the most affordable rates and with minimum hassles.

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Credit Score and Loan Types

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Everyone knows how much your credit score means to creditors and banks when you are trying to get a loan. Whether you have bad or good credit, it is looked at. Because of this, there are credit loans of all different types. You can get loans for good credit, as well as loans for bad credit. Contrary to what most people believe, you actually can have poor credit and still get the loan that you need. In return, you actually can increase your credit rating with these loans by paying them off in a timely fashion.

When your credit rating is in good condition, you have no problem being approved for credit loans. You even have the option of getting an unsecured loan. This is great because you are not required to put anything up for collateral, which means you will not lose any of your personal belongings or assets if your default on the loan. When your credit is not so great, most people think you cannot get a loan. The reason so many people believe this is because it is what the big credit lenders want you to believe. However, there are many other places you can get loans if you have bad credit.

When you get bad credit loans, they typically come in the secured manner. This means that you will have to put something up for collateral. What is put up depends on your loan amount. It of course has to be worth what your loan amount is. If you default on your loan, your lender will take control of whatever item or asset you put up for collateral. This knowledge actually makes people repay their loan because they do not want to lose their belongings. They try harder than they would if nothing were to happen expect getting a bad credit score. They have more motivation.

Changing what you currently know about credit loans can change your entire financial future. If you are in the mindset that you never could get a loan because you have bad credit, you should look into applying for a bad credit loan. Not only will you get the money you need at the time you need it, you also will increase your credit rating because you are paying back a loan.

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Learn About a Lawsuit Pre-Settlement Loan

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In the United States lawsuits are a common occurrence. Civil lawsuits can be filed for a wide range of reasons, including but not limited to personal injury, wrongful death, neglect, sexual harassment, civil rights, class action and many more. Many of these lawsuits brought forth to the civil court system can be considered frivolous, meaning they have no merit but to attempt to get money. However, for plaintiffs in civil lawsuits with merit they can find themselves in a situation that can take months if not years to resolve. If your lawsuit is related to injury or wrongful death you might have taken a serious financial blow, whether it’s due to you not being able to work anymore or loss of a family member’s financial support. In a situation like this a plaintiff in a lawsuit does have a solution that might be right for them; a lawsuit pre settlement loan.

The concept of a lawsuit pre settlement loan is quite simple. A company or group of investors buy interest into pending lawsuits by giving cash loans to the plaintiff, in return they receive the cash loan back, plus interest and fees if they plaintiff wins their lawsuit. In theory, this sounds like an easy business practice, but since lawsuit settlement loan providers take a big risk not all lawsuit cases can get funding. The risk I’m referring to is that lawsuit settlement loans are non-recourse debts. Lawsuit settlement loans are considered non-recourse debts because if your lawsuit verdict is in favor of the defendant you are not required to pay back the loan. That’s right, if the plaintiff does not win their lawsuit they are not required to pay back anything to the lawsuit settlement loan provider. So lawsuit settlement loan providers do their best to stay away from frivolous lawsuits.

Now, in light of the risk that a lawsuit settlement loan provider takes it should be noted that the fees and interest rates charged on these types of loans aren’t that low. Some charge anywhere from 2.9% to 8.9% or more, per month on the loaned amount. There is usually a one-time fee based on the amount that is loaned, which can range from $100 to $7000. Most plaintiffs are only able to get a loan at 10% or less of what their lawsuit is actually worth. This helps protects the plaintiff from owing more if they win their lawsuit then what is actually awarded by the judge or jury. In light of understanding how you are charged for a lawsuit settlement loan it should help you decide if it’s right for you.

Getting approved for a lawsuit settlement loan isn’t the same as a traditional loan. Your employment history, income amount and credit history do not play a role in the approval process. Remember, as we learned earlier they base their loans on the actual merit of the lawsuit case. A lawsuit settlement loan provider will review your current case and speak with your attorney prior to approving or denying the loan. It’s a good idea to give your attorney notice you apply for a lawsuit settlement loan to keep the process smooth, and to make sure any agreements with your attorney won’t be broken by accept a lawsuit settlement loan. At the end of the day, it’s up to the plaintiff to decide if a lawsuit settlement loan is right for them, everything should be discussed with family members and a financial advisor if one is available.

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