Can You Get a Bridge Loan With Bad Credit?

A bridge loan is generally a great option if you require some financial assistance for a brief period of time to conclude the purchase of a house. The idea behind a bridge loan is that it gives you time to complete the purchase and arrange permanent financing. If you have poor credit, you may be wondering whether a bridge loan is an option open for you. Our home loan experts here at Titan Funding can give you some advice.

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Cross Collateral Bridge Loan

Purchasing a new home can be an exciting but stressful time in your life. It provides an opportunity for a fresh start, but there are plenty of fine details to figure out along the way. For example, it’s important to select the right type of funding so you can purchase your home quickly and encounter no issues. The decision about when to sell your current home and buy the new one may affect the right type of loan for you. Learning about cross collateralization, bridge loans, and cross-collateral bridge loans can help you make the right decision.

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How to Get a Loan for an Investment Property

Real estate has traditionally been a solid investment that provides income through appreciation and rent. Individual investors buy a property or pool their resources with a group of investors. Buying an investment property is different from buying a primary residence, with tighter requirements to qualify for a loan and several factors to consider before pursuing such an investment.

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What is LTV in Real Estate? Understanding Loan to Value Ratio

FHA, APR, DTI, PMI, FICO, and LTV are just a few of the acronyms you’ll see in the mortgage and banking world, but what do they mean? Whether you are a borrower or a lender, you should know what all these stand for, and more importantly, how they impact your loan. 

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What Happens if You Default on a Hard Money Loan?

There are different ways of securing credit to fund your business or personal projects if you lack the funds to do so on your own. If you’re trying to raise the money quickly and have real estate assets to use as collateral, a hard money loan may be the right choice for you. Let’s explore the basics of a hard money, its benefits, what you can do to secure such a loan, and what happens if you default.

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No Doc Loan – Acquiring a No Income Verification Mortgage

Home ownership means different things to different people: independence, an investment, or laying down roots, to name a few. The path to home ownership can be challenging, however. An irregular income, an unstable employment situation, or a lack of qualifying documentation can make it difficult to get a mortgage through most banks. If you find yourself in this situation, you may want to consider a no doc loan.

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