New financing without the need for credit for real estate loans Alternative financing with cost rates from 1% per month and terms of up to 10 years
New financing program for real estate with no credit and no required income announced. This program can be completed in 10 to 14 days at a cost often of 1% per month
— Adam Cox from the Guaranteed Business Funding website
OKLAHOMA CITY, ESTADOS UNIDOS, October 15, 2022 /EINPresswire.com/ — Interest rates are skyrocketing and banks have tightened the belts on their loan checkbooks, leaving more Americans than ever shocked with super-high interest rates and worse still, the total drop in their loan applications to buy or refinance homes are.
That’s where this new program from a popular .org site comes in. This new financing program is putting money into the hands of many homeowners who have recently tried to get financing only to be turned down!
For homeowners who need cash now or very soon, there are few options if they have bad credit, no credit, tax issues, or UCC liens, and most of the options allotted to them do not allow them to use their most valuable asset, their wealth , to seize real estate. That’s where this new program from GuaranteedBusinessFunding comes in. The new program from the Guaranteed Business Funding website allows anyone who owns real estate to receive money at an effective cost of 1% per month for a period of up to 10 years.
How can it be possible to get Fast real estate financingthat’s one too Guaranteed real estate financing Option, where still available, is also the advantage that it is one no credit required real estate financing Transaction? Well, with the new Sale and Stay Leaseback, a real estate sale leaseback with some really cool twists, first you can potentially get a 10-year option to buy the property back for up to 25% less than its appraised value at the time , on which the transaction took place. You can also get a low cost for your leaseback, which is often an instant effective cost of just 1% per month. You also have a long time to pay, with a leaseback period of up to 10 years. During this period you can repurchase the property and most sale-leasebacks offer the option to repurchase the property at a discount of up to 25% of the original appraised values of the property within that 10 year period. This program also closes quickly, you can complete this real estate transaction in as little as 10 to 14 days. However, this program is best for those with bad or no credit, as an SBA loan would be better value if you had good credit. It is also important to note that this program requires significant equity, with a minimum equity of 50% LTV in the property, in order to qualify for a sale-leaseback on properties you own and intend to continue to occupy or use. It is also very important to understand that a sale leaseback is not a loan, you are actually selling the property and as it is a real estate sale your credit rating does not matter. There is one major benefit, however, as this sale-leaseback program offers property owners some perks that other programs do not offer, most notably the ability to buy back the property potentially within ten years at a price of up to 25% of the original appraised value property. There are some restrictions and this option may not be available in every state. So when applying, make sure to check if it’s offered in your exact area and circumstances, but for the most part, anyone with an LTV of 50% or better qualifies.
The journalist for this article is Adam Cox of Cox Business News, who is from Oklahoma and is an avid traveler who has lived in Paris, Berlin, Rio Janeiro, Miami and Los Angeles and also holds a certification in alternative investments from Harvard Business School , Adam, Cox is also studying business law at Cornell Law School.
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Learn about no-credit home financing options in this video from Guaranteed Business Funding