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Mortgage Alternatives

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laura.alamery
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Mortgage Alternatives  Reply with quote  

I have been researching mortgage alternatives. This is my list, but I would like to know your input. If you want to add anything, please do! Smile
1. Regular mortgage
2. Equity line or second mortgage
3. Private Lenders (usually up to 5 years)
4. Borrow on whole life insurance policy
5. Seller financing
6. Borrow from a self directed IRA
7. Rent to Own/Lease Option;
8. Real Estate Syndication
9. Government Grants
Post Fri Apr 29, 2011 5:44 am
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gam123
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Real Estate  Reply with quote  

Simple Real Estate Investing formulas to make the most of your real estate investments in today's market.
Post Sat Apr 30, 2011 6:34 am
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dennymarsh
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Traditional mortgages are fixed rate mortgages, which have an interest rate and monthly payments that remain constant throughout the life of the mortgage rate loan.Fixed are usually available at higher rates than other types of loans .
Post Sat Apr 30, 2011 2:46 pm
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jemstoky
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You have been pre-approved for a mortgage and ask friends if they know a good source of mortgage movers.Alternative, you not only have access to the best loans available in the market.
Post Mon May 16, 2011 10:26 am
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savana
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Second mortgage is one of the best way as far as I heard about it and it is very essential aspect also. Many people choose refinancing but, finds second mortgage more effective.

I would really like to know more about this so that later, I can let this know to several people.
Post Tue May 17, 2011 12:56 pm
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ChantellWilson
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It looks like you have hit on most of them. I would also add subject 2 on there as well.
Post Mon Oct 17, 2011 5:18 pm
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Josephwillie
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hello!  Reply with quote  

Where is a great place to check out alternative mortgage rates with a market that seems so unstable ?
Just not really sure where to look for a solid answer anymore. Would like to end the search if you know what i mean.
Post Thu May 03, 2012 10:30 am
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anderson
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Which have an interest rate and monthly payments that remain constant throughout the life of the mortgage rate loan.Fixed are usually available at higher rates than other types of loans .
Post Sun Jul 15, 2012 2:53 pm
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kennygrint
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How about buy to let mortgage? there are several kinds of mortgage to choose from that's why it is ideal to get a suggestion from experts on what type of mortgage we should apply for.
Post Thu Aug 09, 2012 9:53 am
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clydewolf
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Re: Mortgage Alternatives  Reply with quote  

quote:
Originally posted by laura.alamery
I have been researching mortgage alternatives. This is my list,
6. Borrow from a self directed IRA

Borrowing money from your IRA is a prohibited transaction.
Once you borrow from your IRA, the IRA is no longer an IRA.
Taxes and penalty as appropriate, would be assessed on the entire IRA balance.

Other prohibited transactions are:
- Selling property to your IRA.
- Using the IRA as Security for a loan.
- Buying property for personal use (present or future) with IRA funds.

For more information on IRA prohibited transactions see IRS Pub 590 Individual Retirement Arrangements, page 44, Prohibited Transactions: http:http://www.irs.gov/pub/irs-pdf/p590.pdf
Post Thu Aug 09, 2012 5:46 pm
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danieljames
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Thanks For Your information its really useful for whom which is not having any knowledge about real estate ...
Post Thu Sep 20, 2012 12:32 pm
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zullianwick
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Real estate agent plays a vital role while buying or selling the property. This can done only through the real estate agents because they give the more information regarding the property so it is the easy way to reach our needs. Please produce some more attachments about the topic for view detail information.
Post Wed Dec 05, 2012 8:59 am
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