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2. Private money - Wikipedia

   en.wikipedia.org/wiki/Private_money

   Private money is a commonly used term in banking and finance. It refers to lending money to a company or individual by a private individual or organization. While banks are traditional sources of financing for real estate, and other purposes, private money is offered by individuals or organizations and may have non traditional qualifying guidelines.

3. No-closing-cost refinance: What it is and how it works - AOL

   www.aol.com/finance/no-closing-cost-refinance...

   A no-closing-cost refinance gets rid of the need to pay refinancing fees upfront, but it’s not free. Instead, you’ll finance the closing costs — with interest — as part of your new loan ...

4. Down payment - Wikipedia

   en.wikipedia.org/wiki/Down_payment

   Currently, in the United States, the Department of Veterans Affairs offers complete financing for qualifying veterans. The USDA Home Loan program also offers complete mortgage loans with no down payment. These loans are available as direct or guaranteed loans and are offered to qualifying borrowers purchasing a home in a more rural area.

5. No doc loan - Wikipedia

   en.wikipedia.org/wiki/No_doc_loan

   For this reason most no doc loans are for business purposes or are for investment in something other than residential property. Private money is the main source of no doc loans, often with interest rates charged at 2% to 6% per month (24% to 72% p.a.). Non-conforming lenders focus on the lower risk no doc loans and offer more competitive ...

6. What are instant loans? Everything you need to know - AOL

   www.aol.com/finance/instant-loans-everything...

   Fees vary by state, and each state has its own limits. Submit an application . Payday loans don’t typically require a credit check , but they will require proof of income and a bank account.

7. Mortgage points: What are they and how do they work? - AOL

   www.aol.com/finance/mortgage-points-192840885.html

   Key takeaways. Mortgage points are upfront fees you can pay your mortgage lender in exchange for a lower interest rate. Typically, one point costs 1 percent of the amount you borrow and reduces ...

8. Loan modification in the United States - Wikipedia

   en.wikipedia.org/wiki/Loan_modification_in_the...

   The Program will share with the lender/investor the cost of reductions in monthly payments from 38% DTI to 31% DTI. Servicers that modify loans according to the guidelines will receive an up-front fee of $1,000 for each modification, plus “pay for success” fees on still-performing loans of $1,000 per year.

9. 7 Steps to Avoid Mortgage Scams by Private Lenders - AOL

   www.aol.com/news/2012-06-28-7-steps-to-avoid-non...

   Never, ever, pay money upfront. ... "A private lender needs a good cushion," says Novy. "They want to be more careful" than a bank. If the loan offer is too generous, beware. If the lenders offer ...