The loan process you follow when searching for a construction loan has some similarities to that of obtaining a regular mortgage. You will still be judged on your income, credit, savings and monthly debts just like a regular mortgage. However, with a construction to permanent loan, there are a few additional factors that lenders consider. [...]
It’s extremely difficult for businesses to find customers and generate new leads. So, it’s vital to explore some under-used options that can provide access to large lists of new prospective customers. A well thought out joint venture can do just that – for almost zero cost. Almost any marketer already knows how a joint venture [...]
When you are building a new home, you will need insurance to protect yourself while the home is under construction. If you are hiring a licensed general contractor, he will most likely have some insurance in place to cover the bulk of the requirements. However, if you are going to be an owner builder and [...]
When you talk to most business owners or entrepreneurs about email marketing campaigns, they will probably tell you that email simply won’t work. In fact, many experienced marketers will agree. And, I must admit that if you are using email campaigns incorrectly, they will prove to be ineffective – a large waste of time and [...]
Do you know the main credit factors that affect your FICO credit score? If you don’t know these nine key factors, you could be unintentionally damaging your credit score and chances at better financing terms. Before discussing the Credit Scoring Factors, please keep one thing in mind: do not make any major changes to your [...]
My office provides owner builder construction loans. Never heard of them? That’s okay, because owner builder loans are a very small niche within the construction financing industry. Basically, they are loans for people who want to build their homes without using a general contractor. But, that’s not really the point. The key is that our [...]
At one time, not too long ago, there was no such thing as a numeric credit score. Your credit report either showed that you paid on time or you didn’t, and that was that. You were approved if you had a good rating and were denied if you had a bad rating. Times have changed. [...]